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U.S. Speaker of the House Kevin McCarthy (R-Calif.) receives the gavel from House Democratic Leader Hakeem Jeffries (D-N.Y.) after McCarthy was elected Speaker in the House Chamber at the U.S. Capitol Building on January 07, 2023 in Washington, DC. After four days of voting and 15 ballots McCarthy secured enough votes to become Speaker of the House for the 118th Congress.
For years now, a major goal of the extreme right has been to undermine Social Security and Medicare, the most popular programs in the federal government. The fight to protect them from this assault starts now.
Very early Saturday morning, Kevin McCarthy finally won on the 15th round of voting for Speaker.
In return, the right-wing Freedom Caucus got a promise from McCarthy that he would not approve a simple increase in the debt ceiling unless spending was held back at 2022 levels — which, with more than 7 percent inflation, would require huge cuts in everything from defense spending to Social Security and Medicare. And if McCarthy breaks his promise, any member of the Freedom Caucus can move to remove him from the Speakership.
For years now, a major goal of the extreme right has been to undermine Social Security and Medicare, the most popular programs in the federal government. The extremists will not succeed. But the coming fight over raising the debt ceiling seems likely to become the defining battle over the next six to nine months. (In 2011, the mere possibility that the U.S. might not be able to pay its bills rattled markets worldwide.)
Note, too, that Congress must also fund federal agencies and programs before the current fiscal year ends on Sept. 30. The current $1.7 trillion spending “omnibus” measure was adopted in the waning hours of 2022. A failure to replace it would be a second cause for a government closure in the fall.
The three parts of the Congressional Republican Party — the fiscal conservatives, the cultural warriors, and the MAGA anti-democracy Trumpers — have come together behind fiscal conservatism — draped in warrior language, with the potential for a MAGA anti-democracy outcome. They are more dangerous than ever.
Dear Common Dreams reader, It’s been nearly 30 years since I co-founded Common Dreams with my late wife, Lina Newhouser. We had the radical notion that journalism should serve the public good, not corporate profits. It was clear to us from the outset what it would take to build such a project. No paid advertisements. No corporate sponsors. No millionaire publisher telling us what to think or do. Many people said we wouldn't last a year, but we proved those doubters wrong. Together with a tremendous team of journalists and dedicated staff, we built an independent media outlet free from the constraints of profits and corporate control. Our mission has always been simple: To inform. To inspire. To ignite change for the common good. Building Common Dreams was not easy. Our survival was never guaranteed. When you take on the most powerful forces—Wall Street greed, fossil fuel industry destruction, Big Tech lobbyists, and uber-rich oligarchs who have spent billions upon billions rigging the economy and democracy in their favor—the only bulwark you have is supporters who believe in your work. But here’s the urgent message from me today. It's never been this bad out there. And it's never been this hard to keep us going. At the very moment Common Dreams is most needed, the threats we face are intensifying. We need your support now more than ever. We don't accept corporate advertising and never will. We don't have a paywall because we don't think people should be blocked from critical news based on their ability to pay. Everything we do is funded by the donations of readers like you. When everyone does the little they can afford, we are strong. But if that support retreats or dries up, so do we. Will you donate now to make sure Common Dreams not only survives but thrives? —Craig Brown, Co-founder |
Very early Saturday morning, Kevin McCarthy finally won on the 15th round of voting for Speaker.
In return, the right-wing Freedom Caucus got a promise from McCarthy that he would not approve a simple increase in the debt ceiling unless spending was held back at 2022 levels — which, with more than 7 percent inflation, would require huge cuts in everything from defense spending to Social Security and Medicare. And if McCarthy breaks his promise, any member of the Freedom Caucus can move to remove him from the Speakership.
For years now, a major goal of the extreme right has been to undermine Social Security and Medicare, the most popular programs in the federal government. The extremists will not succeed. But the coming fight over raising the debt ceiling seems likely to become the defining battle over the next six to nine months. (In 2011, the mere possibility that the U.S. might not be able to pay its bills rattled markets worldwide.)
Note, too, that Congress must also fund federal agencies and programs before the current fiscal year ends on Sept. 30. The current $1.7 trillion spending “omnibus” measure was adopted in the waning hours of 2022. A failure to replace it would be a second cause for a government closure in the fall.
The three parts of the Congressional Republican Party — the fiscal conservatives, the cultural warriors, and the MAGA anti-democracy Trumpers — have come together behind fiscal conservatism — draped in warrior language, with the potential for a MAGA anti-democracy outcome. They are more dangerous than ever.
Very early Saturday morning, Kevin McCarthy finally won on the 15th round of voting for Speaker.
In return, the right-wing Freedom Caucus got a promise from McCarthy that he would not approve a simple increase in the debt ceiling unless spending was held back at 2022 levels — which, with more than 7 percent inflation, would require huge cuts in everything from defense spending to Social Security and Medicare. And if McCarthy breaks his promise, any member of the Freedom Caucus can move to remove him from the Speakership.
For years now, a major goal of the extreme right has been to undermine Social Security and Medicare, the most popular programs in the federal government. The extremists will not succeed. But the coming fight over raising the debt ceiling seems likely to become the defining battle over the next six to nine months. (In 2011, the mere possibility that the U.S. might not be able to pay its bills rattled markets worldwide.)
Note, too, that Congress must also fund federal agencies and programs before the current fiscal year ends on Sept. 30. The current $1.7 trillion spending “omnibus” measure was adopted in the waning hours of 2022. A failure to replace it would be a second cause for a government closure in the fall.
The three parts of the Congressional Republican Party — the fiscal conservatives, the cultural warriors, and the MAGA anti-democracy Trumpers — have come together behind fiscal conservatism — draped in warrior language, with the potential for a MAGA anti-democracy outcome. They are more dangerous than ever.