President Obama is negotiating with economic terrorists. And a new Reuters report shows he's giving in to their demands by offering cuts to our social safety net. In calls with lawmakers over the weekend, Obama said he will cut programs like Social Security, Medicare, and Medicaid in exchange for a so-called compromise to replace the sequester, as long as Republicans agree to more tax increases.
This is not a compromise. The Republicans have held our economy hostage, and pushed their austerity measures, so they could force Obama's hand in the budget debate. Because of the GOP's economic terrorism, and refusal to end tax breaks for millionaires and billionaires, our nation will face cuts to programs many of use depend on.
A new report from Alternet lists several of the most devastating cuts we now face, like a $199 million cut to public housing, a $633 million cut from Special Education programs, and nearly a $1 billion cut to FEMA disaster relief. And now Obama offers more cuts in hopes that Republicans will negotiate? This is insane. We shouldn't have allowed these cuts in the first place.
No nation, in the history of the world, has ever cut it's way to prosperity, but apparently Congress and the President think somehow austerity will be successful now. We need to band together and fight back against these Republican austerity measures, and against the Administration's purposed cuts to our vital social safety net.
Let's remind them they work for us. Call Congress and the White House and tell them to stop the economic terrorism now.
Listen to The Thom Hartmann Program Monday through Friday 3 PM to 6 PM on WWRL AM 1600.