December 12, 2017
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6:22Now PlayingIn this Majority Report clip, the importance of not gambling politically with other peoples' stakes.
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"Republicans in Congress are openly admitting they plan to use their tax reform bill to justify slashing funding for essential social programs like Social Security, Medicare, Medicaid, and food stamps.
The bill — which is expected to balloon the national deficit by at least $1 trillion, and which only benefits the country’s wealthiest in the long-term — has not yet been reconciled or signed. But Republicans aren’t wasting any time laying out what they see as the next step.
Speaker of the House Paul Ryan (R-WI) laid out the plan in an interview Wednesday on Ross Kaminsky’s radio show. “We’re going to have to get back next year at entitlement reform, which is how you tackle the debt and the deficit,” Ryan said, adding that health care entitlements like Medicare and Medicaid are “the big drivers of our debt.”"*
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