Washington, DC — The extreme MAGA House Majority is threatening to manufacture a catastrophic default crisis and economic collapse. To hold the economy hostage, the House passed a long list of hugely unpopular and extreme ransom demands that promise pain for millions of average Americans including veterans, seniors, students, children, workers, and the food insecure. They voted to ship 100,000 high paying manufacturing jobs overseas while going out of their way to protect wealthy tax cheats. The MAGA Majority’s proposed cuts are untenable, unworkable, and unserious, especially as they leave in place costly tax breaks for billionaires and big corporations. With the nation now projected to run out of money as early as June 1st, Accountable.US’ Cost Of MAGA Default’ project continues to underscore the catastrophic consequences of a MAGA default that grows closer by the day.
TODAY IN FOCUS: Associated Press: FAA leader warns of summer travel ‘havoc’ if GOP cuts pass:
The acting head of the Federal Aviation Administration said Friday that budget cuts approved by House Republicans would cause the agency to furlough thousands of workers and stop hiring new air traffic controllers, making summer air travel worse.
The FAA Acting Administrator Billy Nolen said in a letter to lawmakers that spending cuts also would slow efforts to modernize technology, including an alert system that failed in January and briefly grounded planes around the country.
Nolen issued the warning in a required report to Congress about a shortage of air traffic controllers. He said the FAA is on pace to hit its goal of hiring 1,500 controllers by the end of September and is chipping away at a shortage that was made worse by the pandemic, when the agency suspended training new controllers.
“Despite these efforts, the spending cuts recently passed by the House of Representatives would wreak havoc on summer air travel,” Nolen told lawmakers.
BACKGROUND: Accountable.US’ ‘Cost of MAGA Default’ project puts a daily spotlight on specific harms the MAGA Majority’s default plan and brinkmanship will bring for Main Street and Wall Street alike – from tanking markets, frozen credit, lost jobs, disruptions to critical benefits like Social Security, and soaring interest rates on everything from car loans to mortgages. While the MAGA Majority claims they are holding the economy hostage over supposed debt ‘concerns,’ they insist on harmful cuts – crafted by the far-right House Freedom Caucus – aimed at average Americans while protecting and even expanding debt ballooning tax breaks for billionaires and big corporations that profiteer and ship U.S. jobs overseas. Not a deadbeat nation: The U.S. has never failed to pay its bills and Congress worked to prevent default 78 times since 1960, including 3 times during the Trump administration. The clock is ticking. The MAGA majority should stop playing dangerous political games with American lives and the economy and responsibly pass a clean bill that allows the nation to pay its bills. The sooner they do, the less damage will be inflicted on Americans of all walks of life.