The MAGA House majority has gone into full PR damage control mode in response to the U.S. credit downgrade announced Tuesday by ratings agency Fitch, which cited among other factors “repeated debt-limit political standoffs,” “the January 6th insurrection,” and “tax cuts” like the deficit-ballooning Trump-era tax breaks for corporations and the super-wealthy. As everyday American families now brace for higher interest rates on everything from mortgages to new cars due to the downgrade, several MAGA House members – including some of the most insistent instigators of the 100% manufactured near-default crisis this year and others who paved the way for downgrade — have ironically been among the loudest voices trying to pass the buck. Among them:

The MAGA House Majority loves to play the blame game, but under minimal scrutiny it often turns out that their partisan accusations are projected admissions of guilt. In this case, the record is especially clear — it’s the MAGA Majority Downgrade. Had the MAGA Majority done its job from the beginning and allowed the nation to pay its bills with no harmful strings attached against seniors and veterans, there would not have been no default crisis. Had 147 Republicans in Congress not voted to throw out the 2020 election results even after the violent Capitol coup attempt, we would not have seen the same levels of distrust in our democratic system. Had Republicans in Congress not rubber stamped multi-trillion Trump tax breaks for corporations and billionaires, the deficit would be in far better shape today. And yet the MAGA Majority is trying right now to give corporations another costly trillion dollar tax break to corporations that ship jobs overseas, which has never worked to grow the middle class.”

Liz Zelnick, Director of Accountable.US’ Economic Security & Corporate Power.
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