So Congress has decided that they want to increase benefits to people that are receiving Social Security and Medicare. However, all this benefits are going to come at a high cost. Taxes are going to increase, the Congress is going to increase taxes so they could pay for all these benefits. As a result, inflation is going to occur and the people that are going to be affected the most are the poor people.
The poor people are going to impacted because Congress is going to decrease the amount of people that are going to receive aid. They have to decrease aid in areas that affect them the most. Like Head Start programs, Food Stamps and other forms.
Now before you start trying to blame a party. Look at it this way. One, Republicans hold a majority in House of Reps. Two, Democrats hold a majority in the Senate. Congress has decided that this was the only solution, but there is more solutions then what they think. This is similar to what happen in Jimmy Carter's time and Ronald Reagan decreased taxes in order to get inflation down.
History tends to repeat itself. People may think it is cool that Social Security and Medicare got increased, but in the end it is the same before the benefits were increased. Taxes increase and so does the price to live.
The poor people are going to impacted because Congress is going to decrease the amount of people that are going to receive aid. They have to decrease aid in areas that affect them the most. Like Head Start programs, Food Stamps and other forms.
Now before you start trying to blame a party. Look at it this way. One, Republicans hold a majority in House of Reps. Two, Democrats hold a majority in the Senate. Congress has decided that this was the only solution, but there is more solutions then what they think. This is similar to what happen in Jimmy Carter's time and Ronald Reagan decreased taxes in order to get inflation down.
History tends to repeat itself. People may think it is cool that Social Security and Medicare got increased, but in the end it is the same before the benefits were increased. Taxes increase and so does the price to live.
