So the Republicans are determined to cut Social Security and Medicare as a condition of increasing the debt ceiling.  Let's look at how we got here.  The four presidents with the worst deficits have been Barack Obama (D), Donald Trump (R), George W. Bush (R), and Ronald Reagan (R). Pres. Obama was, of course, rescuing the economy from the near total collapse wrought under George W. Bush.  President Clinton (D) not only submitted a balanced budget, but he left office with a budget surplus.  President Bush (R) spent that surplus and ran up a  $3.29 deficit, in part due to a big tax cut.    Pres. Obama (D) improved the economy, but could not escape the Bush deficit and the costs of the economic collapse.  Trump (R) championed and won  another giant tax cut, promising it would pay for itself.  it failed to do so by $1.5 trillion, and Trump left office with a $3.9 trillion deficit.  He also, in just 4 years,  increased 230 years of national debt by 25%.  President Biden has reduced the deficit in part with his plan to collect unpaid taxes owed by the rich--which Republicans are trying to stop.  It seems apparent that the cause of the deficits are lack of enforcement by the IRS and il- advised tax cuts for the rich.  Rather than reduce Social Security and Medicare, the remedy should be to immediately sunset tax cuts and assure funding for IRS enforcement as to owed but unpaid taxes.

So the Republicans are determined to cut Social Security and Medicare as a condition of increasing the debt ceiling.  Let's look at how we got here.  The four presidents with the worst deficits have been Barack Obama (D), Donald Trump (R), George W. Bush (R), and Ronald Reagan (R). Pres. Obama was, of course, rescuing the economy from the near total collapse wrought under George W. Bush.  President Clinton (D) not only submitted a balanced budget, but he left office with a budget surplus.  President Bush (R) spent that surplus and ran up a  $3.29 deficit, in part due to a big tax cut.    Pres. Obama (D) improved the economy, but could not escape the Bush deficit and the costs of the economic collapse.  Trump (R) championed and won  another giant tax cut, promising it would pay for itself.  it failed to do so by $1.5 trillion, and Trump left office with a $3.9 trillion deficit.  He also, in just 4 years,  increased 230 years of national debt by 25%.  President Biden has reduced the deficit in part with his plan to collect unpaid taxes owed by the rich--which Republicans are trying to stop.  It seems apparent that the cause of the deficits are lack of enforcement by the IRS and il- advised tax cuts for the rich.  Rather than reduce Social Security and Medicare, the remedy should be to immediately sunset tax cuts and assure funding for IRS enforcement as to owed but unpaid taxes.

user
yes
assistant