On Monday, Janet Yellen reported that in less than a month the Treasury Department will have exhausted all “extraordinary measures” available to keep the nation from defaulting on our obligation to pay our current debt.
As a condition of raising the debt ceiling, Speaker Kevin McCarthy’s bill would require cuts that could, according to the White House and federal agencies: Make life for seniors harder by severely increasing Social Security and Medicare wait times for 1.5 million Arizona seniors due to staff cuts and field office closures.
Slash funding for low-income students. Arizona’s Title I funding could be reduced by $80 million, impacting approximately 260,000 students in Arizona, and cutting the equivalent of 1,200 teachers and specialized personnel from our schools.
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Source: PolitiFact - 🏆 17. / 71 Read more »