Washington D.C. – The extreme MAGA House Majority finally agreed on what harmful economic random demands to make as they threaten to manufacture a catastrophic default crisis and needlessly push the economy into a deep recession. And it’s nothing but a nightmare for millions of American veterans, seniors, children and workers. The MAGA majority is now on record endorsing painful cuts aimed at Americans of all walks of life — while they went out of their way to protect wealthy tax cheats and leave in place wasteful Trump tax breaks for their billionaire donors and big corporations that profiteer and offshore American jobs.
The MAGA House majority demands everyday Americans, from veterans to seniors to children, brace for harmful cuts while they protect every cent of the debt-ballooning Trump tax breaks for billionaires and corporations. House Republicans even lined up to gut resources needed to crack down on wealthy tax cheats, a foolhardy move that actually adds over $100 billion to the debt. MAGA extremists insist millions of Americans give up health and food security, good paying manufacturing jobs, and public safety at the same time they shamelessly propose trillions more in new tax giveaways for big corporations that never trickle down to anyone else and fuel the deficit. The MAGA Majority offers nothing but a lose-lose proposition: harmful cuts that leave everyday Americans worse off – or a default crisis that crashes the economy, disrupts Social Security checks and skyrockets interest rates on car loans and mortgages. That’s no choice – that’s MAGA economic sabotage.”
Kyle Herrig, president of Accountable.US.
Every House Republican that voted for the MAGA default plan today now must answer for specific cuts that:
- Ships 100,000 Good Paying U.S. Manufacturing Jobs Overseas
- Takes away food assistance for 1 million seniors
- Guts veterans medical care including 30 million fewer outpatient visits
- Undermines public safety with 1,000 fewer rail safety inspections, 13,000 fewer law enforcement jobs, 30,000 fewer miles of track inspected annually, and shutting down 125 air traffic control towers
- Jeopardizes the over 9 million jobs expected to be created by the Inflation Reduction Act over the next decade
- Cuts food assistance for 275,000 people per month, with another 19,000 receiving smaller benefits
- Slashes Medicaid spending by $109 billion, SNAP by $11 billion, and TANF by $6 million over a decade
- Cuts $4 billion in funding for low-income students, resulting in some 60,000 fewer teachers, with 7.5 million children with disabilities would lose funding
- Results in 1,800 fewer food safety inspectors in rural communities, which could mean a production loss of $416 billion for the meat, poultry, and egg industry, plus higher prices for consumers.
- Leaves in place every special tax break and loophole for corporations under the Trump tax cuts that will add $1.7 trillion to the deficit by the end of FY 2023.