Former US President Donald Trump has warned US House Republicans to go away medicare and social safety cuts out of debt ceiling negotiations.
New Delhi,UPDATED: Jan 21, 2023 07:53 IST
Former President Donald Trump walks to board Marine One on the South Lawn of the White House (Photo: AP/File)
By India Today Web Desk: Former US President Donald Trump, who launched his 2024 presidential re-election bid in November, on Friday urged Republicans in Congress to not minimize “a single penny” from medicare or social safety. He warned his fellow Republicans to not “destroy” federal retirement and well being advantages as they attempt to actual spending cuts from President Joe Biden and his Democratic allies within the looming debate over the debt ceiling.
Trump advised Republican lawmakers in a video message, that as they negotiate phrases to lift the debt ceiling, they need to not embody cuts to advantages like social safety and medicare.
“Under no circumstances should Republicans vote to cut a single penny from Medicare or Social Security to help pay for Joe Biden’s reckless spending spree, which is more reckless than anybody’s ever done or had in the history of our country,” Trump stated in a video message.
“Biden has blown out the federal budget, wasted trillions on left-wing lunacy and the ridiculous Green New Deal, which is a tremendous problem, an embarrassment to us, and thrown open our treasury and our borders to migrants from all over the world,” he stated.
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‘NEED TO STOP BIDEN’S EXCESS SPENDING’
“Well, we absolutely need to stop Biden’s out-of-control spending. The pain should be borne by Washington bureaucrats, not by hardworking American families and American seniors. The seniors are being absolutely destroyed in the last two years,” the previous US President stated.
Trump lashed out at Biden’s spending agenda, although the nationwide debt elevated by roughly $7 trillion in the course of the Trump administration. “Do not cut the benefits our seniors worked for and paid for their entire lives. Save Social Security. Don’t destroy it!”
The US authorities has hit the ceiling on its debt. The US Treasury hit its $31.4 trillion borrowing restrict, forcing the company to make use of “extraordinary” cash-management measures to pay its payments.
In a letter to congressional leaders, the treasury secretary, Janet Yellen, stated it might start taking “extraordinary measures” to make the federal government’s money available final till Congress acts, reported The Guardian.
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Trump urged Republicans to pay attention funding cuts on ‘waste, fraud and abuse’ in addition to applications targeted on international help, immigration, local weather change and LGBTQ rights, reported Reuters.
Social Security, which supplies retirement and incapacity funds, accounted for 17 per cent of federal spending within the 2021 fiscal yr.
On the opposite hand, medicare, the health-insurance program for seniors, accounted for 13 per cent, based on the Congressional Budget Office.
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(With company inputs)
Published On:
Jan 21, 2023
