FILE PHOTO: Former U.S. President Donald Trump announces that he will once again run for U.S. president in the 2024 U.S. presidential election during an event at his Mar-a-Lago estate in Palm Beach, Florida, U.S. November 15, 2022. REUTERS/Jonathan Ernst/File Photo
Trump is an ex-President and warned Republicans not to vote to cut medicare or social security while lawmakers debate the limit on debt.
Trump stated that Republicans should not vote to cut medicare and social security to pay Joe Biden’s reckless spending spree.
He said that Democrats and Biden had “waste billions of left-wing lunacy”, and had “thrown open our Treasury and our border to migrants from all around”
The 45th President stated that although we must stop Biden spending beyond control, the pain should not be shared with senior citizens or hardworking Americans.
Janet Yellen (Treasury Secretary) wrote a letter last week to Kevin McCarthy. She predicted that the $31.3 trillion debt limit would be reached by January 19. She said that she would take “extraordinary steps to ensure that the United States meets its debt obligations.” ”
House Republicans pledged to offset the increase in debt ceiling by substantial federal spending cuts during conference negotiations. The White House refused concessions to Republicans.
Trump stated that there are many ways to cut costs.
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