Dems shut down the government because they think | Latest News

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Dems shut down the government because they think – Latest News

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Democrats have shut down the federal government because they think the federal debt isn’t spiraling out of control fast enough — they demand the Republican majorities in Congress comply with spend more taxpayer money on Dems’ priorities.

Dems pressured the shutdown through the use of the filibuster to stop a Senate flooring vote that might’ve handed the House “stopgap” invoice to fund federal operations for an additional six weeks or so.

As their price simply to permit a vote, Democrats demand roughly $1.5 trillion in added spending.

Despite their denials, a vital half of that’s funding for health protection for unlawful immigrants: Their own different invoice spelled that out, with language repealing current GOP laws that restricts Medicaid protection of such migrants.

The essential class of federal Medicaid spending on “undocumented aliens” jumped from $3 billion in 2023 to $9 billion in 2024; even more federal money flows not directly to such care through numerous state accounting gimmicks that the Biden administration winked at.

An even greater chunk of Dems’ $1.5 trillion demand is to fund ObamaCare subsidies to decrease the price of insurance coverage purchased through the “exchanges.”  

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Democrats used their Biden-era majorities in Congress to impose these “temporary” subsidies first through the “American Rescue Plan Act” after which the “Inflation Reduction Act” (although of course bailing out ObamaCare had nothing to do with bouncing back from COVID nor preventing inflation).

Millions of Americans gained’t buy ObamaCare insurance policies with out these subsidies because — regardless of Dems’ insistence at the time that ObamaCare would “bend the cost curve down” — premiums have practically doubled since Democrats rammed the law by way of with out a single Republican vote.

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The GOP’s prepared to debate restoring some subsidies — however not in the stopgap invoice.

Meanwhile, the ObamaCare law additionally vastly spiked federal Medicaid outlays, bribing states to develop protection by selecting up 90% of the added prices — one other “temporary” association that Dems keep extending.

As a consequence, Uncle Sam’s Medicaid spending has exploded: It jumped from $409 billion in 2019 to $615 billion in 2023 and roughly $650 billion this yr.

The GOP’s One Big Beautiful Bill Act this yr aimed to sluggish that growth in coming years; undoing these restraints is one other half of Democrats’ $1.5 trillion ransom demand.

Now step back and take a look at the greater image.

Thanks in good half to President Joe Biden’s two enormous spending payments, the national debt is now over $37 trillion, up from not fairly $28 trillion when he took workplace.

Not solely did that hog-wild spending produce Bidenflation, it put the nation on a utterly unsustainable fiscal path.

Republicans are attempting to revive sanity by 1) slowing Medicaid’s growth, 2) declining to resume the enormous subsidies that cowl up ObamaCare’s failure, and three) stopping the use of federal funds to cowl unlawful immigrants’ health care.

Democrats are attempting to blackmail the GOP into surrendering on all three counts — abandoning all efforts to stop the debt from spiraling out of control — merely to fund the government by way of November.

That’s what this shutdown is all about.

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CWP (Crypto Work Pro)
CWP (Crypto Work Pro)https://www.cryptoworkpro.net
Hi, I’m a passionate cryptocurrency enthusiast with 10 years of experience in the world of digital currencies. I’ve always been fascinated by blockchain technology and the potential of decentralized finance (DeFi) to reshape the financial landscape. I share insights, tips, and strategies to help others navigate the fast-paced world of crypto.

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