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Re: Republicans want to crash the economy
Leader Jeffries Floor Remarks on the Manufactured MAGA Madness
Leader Jeffries Floor Remarks on the Manufactured MAGA Madness - YouTube
House Republicans are running out of town just before the June 01 debt deadline. They seem to be trying to cause an economic meltdown in an unpatriotic move to gain a perceived, perverted political advantage against Presiden Biden's re-election prospects in 2024.
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Re: Republicans want to crash the economy
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Re: Republicans want to crash the economy
The threat to Social Security payments posed by a debt ceiling impasse keeps Linda Stanberry, 76, dwelling on her worst fear: the loss of the home she has lived in for 48 years.
Stanberry, who depends entirely on about $1,800 she receives in federal benefits each month, said she hardly saves anything after expenses like food, utilities, prescription drugs and supplemental insurance for cancer coverage.
The federal government could fail to pay some of its bills as soon as June 1, Treasury Secretary Janet Yellen warned this week. If that shortfall interrupts Social Security, Stanberry would need emergency cash, she said.
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"I would have nothing," Stanberry, who lives in Southwest Virginia, told ABC News. "There's no way I could keep my home."
Stanberry is one of millions of low-income older Americans who rely on Social Security for almost the entirety of their funds. In all, roughly 1 in 7 Americans age 65 or older depend on the federal benefits for 90% or more of their income, Social Security Administration data shows.
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Re: Republicans want to crash the economy
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Re: Republicans want to crash the economy
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