McConnell blows up deficit; Takes aim at retirement and healthcare programs

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Republicans using mess they created to justify extreme cuts to Tennesseans’ hard-earned benefits

October 19, 2018 (NASHVILLE, Tenn.) — In response to Senate Majority Leader Mitch McConnell’s dishonest attempt to blame the rising federal deficit on vital social programs,  Tennessee Democratic Party Chair Mary Mancini released the following statement:

“The U.S. Treasury Department confirmed this week that the out-of-control federal deficit is a direct result of Republicans’ massive tax giveaway to their big donors and the corporations they run. Now Senator McConnell and the Republicans want to balance the budget on the backs of seniors and hard-working families by stealing from Social Security, Medicaid, and Medicare, the health and retirement funds they have already paid into. Cutting the health and retirement benefits of those who have paid for and earned them would be devastating for some 2.8 million Tennesseans.

“McConnell’s plan to steal from hard working Americans underscores just how important it is for everyone to vote right now. If your healthcare and a secure and dignified retirement is important to you, early voting is happening right now through November 1, and Election Day is November 6. Make your plan to vote now and ask your family, friends, and neighbors to do the same. Make no mistake: These critical, life-saving programs are on the ballot this year.”

Background:

Reuters (10/17/18): The Treasury Department this week reported a 2018 budget deficit of $779 billion. The report showed government revenues were flat after deep tax cuts pushed through late last year by Republicans, despite a growing economy and rising spending levels.

Washington Post (10/17/18): The top Senate Republican blamed social programs for the growing deficit and said he hoped Congress would tackle spending on them “at some point here.”

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Media Contact:
Amanda Yanchury
amanda@tndp.org
615.270.9468

By |2018-10-19T21:40:45+00:00October 19th, 2018|Press Release, Press Releases|Comments Off on McConnell blows up deficit; Takes aim at retirement and healthcare programs