Texas Democrats Condemn Washington Republicans’ Push to Cut Medicare and Social Security to Pay for Tax Cut for the Rich
Targeted News Service
AUSTIN, Texas, Oct. 18 -- The Texas Democratic Party issued the following press document:
This week, Republican Senate Majority Leader Mitch McConnell resumed the attack on hard-working Texans by pushing the idea that to address the ballooning debt and deficit, they would cut Medicare and Social Security. The Republican tax bill added $1.9 trillion to our national debt.
Additionally, McConnell said he would revisit repeal of the Affordable Care Act. He did not clarify whether they had an actual plan to lower prices or increase coverage, or even protect people with pre-existing conditions.
Texas Democratic Party Chair Gilberto Hinojosa released the following statement:
"In an irresponsible giveaway to corporations and wealthy campaign donors, Texas Republicans all voted in lock-step for their tax giveaway that added $1.9 trillion to our national debt.
"Now, these same politicians are looking to balance the budget on the backs of the middle-class. Will Texas Republicans toe the party line or will they stand up to protect Texans' earned benefits that they paid into?
"TexasDemocrats will fight every step of the way to protect Texans' health care, restore fiscal sanity in Washington and defend Medicare and Social Security."
Larry Hogan: Pragmatic Republican wants four more years as Maryland’s governor, but critics call for change
‘It’s likely to happen again in our lifetime.’ Are Horry County’s flood maps out of date?
Advisor News
- The first 5 years of your career could determine the next 50
- Help child-free clients plan for their later years
- When new investment trends emerge, Gen Z is most likely generation to be first in
- Could ‘plain English’ become an advisor’s secret weapon?
- IRI urges Senate action on 403(b) parity legislation
More Advisor NewsAnnuity News
- Nationwide adds mutual fund-linked strategy to New Heights Select FIA
- NUNN INTRODUCES BILL TO CUT RED TAPE, GIVE IOWANS CLEARER INSURANCE INFORMATION
- NAIC working group pressed to accelerate annuity illustration overhaul
- State Auditor James Brown Kicks Off Life Insurance Awareness Month With Policy Locator Tool
- Wink: Annuity sales post strong Q2, led by MYGAs and structured products
More Annuity NewsHealth/Employee Benefits News
Life Insurance News