House panel advances debt commission without shields for Medicare, Social Security ( thehill.com )

The House Budget Committee did not take measures to protect systems like Medicare and Social Security on Thursday, despite advancing legislation to create a bipartisan fiscal commission designed to find a solution to the government’s budget.

The committee approved the bill 22-12, with three Democrats joining Republicans in passing the measure.

ericjmorey ,

Solution? What do they think the problem is?

sonori ,
@sonori@beehaw.org avatar

Needs at least another 10% off the corporate tax rate. Biden’s 21% rate(assigned in Trumps signature 2017 tax cuts act)is killing american corporations, unlike the far lower 50% rates during the fifties that oversaw the largest economic boom in American history. /s

megopie ,

The ongoing effort to privatize social security and Medicare, the most successful and popular welfare programs in US history continues. Neoliberal Regannomics marching on like an undead litch.

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