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Might 01, 2023
Fiesta: If a Finances Displays a Get together’s Values, Then the GOP Should Not Worth Seniors
Republicans within the U.S. Home handed a invoice on Wednesday to chop federal spending dramatically and unwind a lot of President Biden’s current financial accomplishments, pairing these provisions with a plan to boost the debt ceiling till 2024.
H.R. 2811, known as the “Restrict, Save, Develop Act of 2023” by the GOP, slashes quite a few vital packages and companies that older People depend on. The vote tally was 217-215, with no Democrats voting for the laws.
“In the present day the Home Republicans voted on their so-called debt ceiling plan. A political celebration’s price range displays its values, and clearly the GOP doesn’t worth older People,” stated Richard Fiesta, Government Director of the Alliance, instantly after the invoice was handed.
Fiesta additionally pressured that Republicans are threatening to set off a nationwide and world monetary disaster if their calls for will not be met and issued a dire warning about what the invoice entails.
“This harmful invoice will minimize 22% of the Social Safety Administration’s price range, forcing native Social Safety places of work to shut and lay off their employees. Which means seniors must wait even longer to get solutions to questions on their earned advantages,” he stated.
The invoice additionally:
slashes meals help for greater than 1 million low-income seniors — a lot of whom depend on authorities meals packages to get their solely meal of the day;
cuts oversight of nursing properties, placing hundreds of probably the most weak seniors prone to residing in alarming and unsanitary circumstances;
jeopardizes thousands and thousands of People’ multi-employer pensions which are assured by the Pension Profit Warranty Company; and
would result in the eviction of not less than 430,000 low-income households from Part 8 housing, 80% of that are headed by seniors.
“Retirees are watching these developments intently. They are going to keep in mind who values them — and who doesn’t,” Fiesta concluded.
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