Ah, the fiscal scam! It's interesting that the same conservative and Blue Dog politicians who insisted we didn't need additional stimulus to recover from this recession are now insisting that we will ... go back into a recession if these fiscal deal cuts are made! Why, you would almost think they were Keynesians!
Sen. Bernie Sanders led a press conference yesterday drawing a line in the sand -- and he's got 18 other senators with him. Is it enough?
Senate Health Committee Chairman Tom Harkin (D-Iowa) said Thursday that Medicare and Medicaid should be off the table during talks on the fiscal cliff.
Harkin spoke alongside other liberal lawmakers at an event to highlight opposition to cutting social programs for deficit reduction.
He touted the results of the Nov. 6 election as evidence that Americans support raising taxes instead of cutting spending.
"When it comes to Social Security, Medicare and Medicaid, the American people told us to protect and strengthen these programs, not cut them," Harkin said.
"The American people want a change in the structure of who pays and making sure that we keep the programs that protect the poor, the disabled and the elderly," he told The Hill.
President Obama will meet Friday with lawmakers to open negotiations on how to avoid the "fiscal cliff," a combination of tax increases and automatic spending cuts that will hurt the U.S. economy unless lawmakers act.
In earlier talks, Obama backed roughly $100 billion in cuts to Medicaid, including a streamlined system for federal payments that would result in state governments shouldering more of the funding burden.
At Thursday's event, Sen. Bernie Sanders (I-Vt.) said he wanted to "send a very loud and very clear message to the leadership … in the White House" not to cut Social Security, Medicare or Medicaid.
Sanders added, "There are fair ways to reduce the $1 trillion federal deficit and $16 trillion national debt, but balancing the budget on the backs of the elderly, the sick, the children and the poor is not among them."
Republicans have said they won't accept new tax revenues unless Democrats agree to reform entitlements.