I appreciate Congress’ action on Jan. 1 that enabled legislation to avert the so-called “fiscal cliff.” However, I am also disappointed in Congress for “kicking the can down the road” in dealing with the issues of sequestration and the statutory debt limit, especially when these issues are being used in an attempt to dismantle Medicare, Medicaid and Social Security while supporting the tax cuts and loopholes exploited by the richest 2 percent of Americans.
The most serious economic challenge facing the American people is the continuing job crisis. America will not be able to stabilize the national debt over the long term unless we fix the economy first.
An American with a job is an American who will pay their fair share of taxes, thus contributing to the stabilization of the national debt rather than being a detriment to it. Our top priority must be creating jobs by investing in infrastructure and education, raising wages, reducing inequality and increasing economic security.
Middle-class families in America need more economic security, not less. Our economic problems are not caused by overly generous Social Security, Medicaid or Medicare benefits. Social Security has not added one dime to the deficit, and the projected imbalance in Medicare and Medicaid over the long term is a direct result of the hyperinflation of health care costs.
Across-the-board “sequestration” simply must not be allowed to happen.