Joy Reid: Republicans have a history of messing with the debt ceiling under Democratic presidents to score political points. It’s a dangerous time to be playing these kinds of political games. (via The ReidOut Blog)
that could soon pummel the U.S. economy, and the consequences could affect all of us.
Simply put, they’re taking America’s economy hostage, saying that after a four-year Christmas spending spree under Trump, they’ll stop paying the nation’s credit card bill unless Biden agrees to play Scrooge in future Christmases. And what do the House Ebenezers want to cut? You might think they would look to defense spending since so many of them are all up in arms about funding Ukraine andInstead, they want to kill large chunks of Biden’s Inflation Reduction Act, which means spending on the environment and transportation — bridges, tunnels, electric cars — that sort of thing.
The work requirements would cause some families to lose monthly food benefits or lose health coverage if the person receiving Medicaid were to get sick and become unable to work. That would leave our most vulnerable with zero income or government support.
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