Debt Debate: Are the Poor in Poverty?
ABC’s Z. Byron Wolf ( @zbyronwolf ) reports:
The direction is two weeks away from what would be an historic default of the U.S. government is lawmakers fail to raise the U.S. debt ceiling and the talk among many economists is of an ensuing monetary apocalypse.
Credit rating agencies would downgrade Treasury bonds from their AAA status, interest rates would be generated and at some point the government would have to stop paying social security checks, government salaries and more.
The duel in Washington over what spending exactly to cut has been carried out largely behind closed doors, first with Vice President Biden and Council Majority Leader Eric Cantor and now with President Obama and House Speaker John Boehner.
But many conservatives have their sights set on Medicaid and other communal programs meant to benefit the poor.
Conservative filmmaker James O’Keefe issued a new video Monday that goes under-clothe at government offices in Ohio. His video Youtube video argues for reform of social programs when it shows county supervision workers in four offices guide men pretending to be Russian drug dealers through how to apply for Medicaid services.
