Elizabeth Warren Nails Republican Con Game
The Republican con on the debt ceiling
By Elizabeth Warren
Boston Globe Op-Ed
Updated January 23, 2023
“The House Republican plan for the debt ceiling is about protecting the wealthy and the well-connected from paying their fair share in taxes — nothing more and nothing less.”
“Here’s the ultimate irony of today’s Republican scam: Without years of Republican handouts to the wealthy, there would be no debt ceiling hostage to take. If Republicans hadn’t spent nearly $2 trillion on the Trump tax cuts and abetted wealthy tax cheats by starving the IRS for a decade, the United States wouldn’t need to raise the debt ceiling this year. In fact, the current debt ceiling would have sustained federal spending well past the end of President Biden’s first term. Any debt crisis today should be laid squarely at the feet of the Republicans who worked tirelessly to help the wealthiest Americans avoid paying taxes.”
You may read the entire piece at:
https://www.bostonglobe.com/2023/01/22/opinion/republican-con-debt-ceiling/
01/31/2023 @ 12:21 pm
Yup
The way to break this cycle is campaign finance reform. As long as legislators are overwhelmingly dependent on contributions from the wealthy those legislators will owe the wealthy.