WAIT a damn minute?
The TOP Republican in the US Senate thinks that a tax cut, a YUGE spending increase by the American government and a party leader who adamant AGAINST cuts to Medicare Medicaid and Social Security is NOT a PROBLEM?
A Republican that chewed on President Obama and helped pass limits on what the government could spend is OK with a deficit that seems to be rising by over $100 Billion for next year is ok with this?
WTF is replacing the money the Government is borrowing to keep up with its bank account to pay the bills?
The same Chinese that Donald Trump is in an economic tug of war with?
Mitch McConnell has entered Donald Trump’s Alternate Reality folks….
Senate Majority Leader Mitch McConnell on Tuesday blamed rising federal deficits and debt on a bipartisan unwillingness to contain spending on Medicare, Medicaid and Social Security, and said he sees little chance of a major deficit reduction deal while Republicans control Congress and the White House.
“It’s disappointing but it’s not a Republican problem,” McConnell said in an interview with Bloomberg News when asked about the rising deficits and debt. “It’s a bipartisan problem: Unwillingness to address the real drivers of the debt by doing anything to adjust those programs to the demographics of America in the future.”
McConnell’s remarks came a day after the Treasury Department said the U.S. budget deficit grew to $779 billion in Donald Trump’s first full fiscal year as president, the result of the GOP’s tax cuts, bipartisan spending increases and rising interest payments on the national debt. That’s a 77 percent increase from the $439 billion deficit in fiscal 2015, when McConnell became majority leader.
McConnell said it would be “very difficult to do entitlement reform, and we’re talking about Medicare, Social Security and Medicaid,” with one party in charge of Congress and the White House.
“I think it’s pretty safe to say that entitlement changes, which is the real driver of the debt by any objective standard, may well be difficult if not impossible to achieve when you have unified government,” McConnell said.
Shrinking those popular programs — either by reducing benefits or raising the retirement age — without a bipartisan deal would risk a political backlash in the next election. Trump, during his campaign, promised he wouldn’t cut Social Security, Medicare or Medicaid, even though his budget proposals have included trims to all three programs….
Understand that 10 seconds after Nancy Pelosi becomes Speaker of the House ?
McConnell and other GOPer’s are gonna twist their mouths to say the budget deficit that could be as high as a TRILLION Dollar’s is the Democrats fault…