" One of their key priorities this Congress is the "Balanced Budget Amendment," which Wall Street loves because it would amend the Constitution to slash social spending. It would damage the social safety net by placing limits on the ability of Social Security and Medicare to tap trust funds, creating an artificial cap on social safety net spending and locking Trump and Wall Street's budget idea into the Constitution for a generation or more."The amendment would bar the government from running a deficit, with disastrous effects for everyone except the investor class. Cuts to government services mean more money for Wall Street. Corporate titans and big banks spend billions to support politicians who will cut social spending, knowing that if we can't rely on public roads or schools, people will have to turn to Wall Street-backed private businesses."
At act.credoaction.com
