GOP’s Debt Limit Plan Would Cost 2.6 Million Jobs, Report Finds

House Republicans’ plan to majorly slash federal spending over the next decade as a supposed “solution” to the national debt would likely cost millions of jobs and trigger a recession next year, a new report by Moody’s Analytics economists finds. With Republicans in charge of only one chamber of Congress, the party has turned to the debt limit as a vehicle for their policy priorities…

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This post was originally published on Latest – Truthout.