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      Sen. Elizabeth Warren appears at a Senate hearing

      Democratic Senators Rip Corporate Lobby for 'Cheerleading' GOP Default Threat and Tax Cuts

      "The American people deserve to understand why you are supporting even more deficit-busting tax giveaways for giant corporations, while also cheerleading Republican demands to inflict painful, job-killing austerity on everyone else."

      Jake Johnson
      May 27, 2023

      The Republican Party's debt-ceiling hostage scheme has benefited from the support of the United States' largest corporate lobbying organization, which has given its stamp of approval to the GOP's push for major federal spending cuts, punitive new work requirements for aid programs, and permitting changes sought by the fossil fuel industry.

      While House Speaker Kevin McCarthy's (R-Calif.) office has reportedly not met with representatives of the U.S. Chamber of Commerce during the debt ceiling standoff, a representative of the powerful business group said earlier this week that such a meeting would be pointless given that the Chamber and the GOP are so closely aligned.

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      Speaker of the House Kevin McCarthy (R-Calif.) speaks with reporters at the U.S. Capitol in Washington, D.C. on Wednesday, May 24, 2023.

      Corporate Media Continues to Blow It on Coverage of Debt Ceiling Hostage Situation

      It's simple: "Republicans drove up the national debt by giving huge tax breaks to the rich and major corporations—now they're trying to make the rest of us pay for it."

      Jessica Corbett
      May 26, 2023

      As negotiators for the White House and congressional Republicans continue their will-they-or-won't-they game with the global economy at risk, critics are calling out corporate media coverage of efforts to prevent a devastating U.S. default by raising the debt ceiling.

      "There are three aspects to the substance and coverage of this debate that have been infuriating," saidRevolving Door Project executive director Jeff Hauser in a statement Friday. "First, the notion that 'modest cuts' to spending are inconsequential."

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      The GOP Rolls Out Its 'Two Santas' Plot for Debt Ceiling and the Long Con Continues

      The GOP Rolls Out Its 'Two Santas' Plot for Debt Ceiling and the Long Con Continues

      This isn't a crisis. This is a plot.The corporate media refuses to tell the American people what this is: a cynical political and media strategy devised by Republicans in the 1970s, fine-tuned in the 1980s, and since then rolled out every time a Democrat is in the White House.

      Thom Hartmann
      May 26, 2023

      "The only thing wrong with the U.S. economy is the failure of the Republican Party to play Santa Claus." —Jude Wanniski, March 6, 1976

      As the Fitch credit rating service puts the United States on “watch” for a possible downgrade and Democrats dither about the 14th Amendment, Republicans just declared the House of Representatives in a break because, from their point of view, there really is no crisis.

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