Reports suggest that conservatives in the House of Representatives, after having attempted to repeal Obamacare at least 40 times with no success, have yet another plan to take down Obama’s signature piece of law. Straight from Slate comes news that Republicans are now going to attempt to hold a repeal of Obamacare as the one move to prevent the United States from defaulting on its debts.
If you’ve been watching the showdown over Obamacare since Republicans took the lower house, you know that the International Monetary Fund called the prospect of the United States defaulting ‘catastrophic’. Considering the vulnerability of America’s post-recession economy, many worried as far back as January that the economy could take an all-around beating in the event of a default.
Oddly, in all of the money-saving maneuvers the austerity-driven conservative radicals have made, defunding their own government healthcare plans and cutting their own pensions doesn’t seem to be on the table, even as they waste millions in taxpayer dollars to hold vacuous ‘symbolic’ votes on yours.
In the event of a default, the United States government would be unable to pay for their existing debts. It wouldn’t stop them from creating new debts, but it would severely impact the debtors and our credit rating. As most of this debt is owned by you and I, this radical right-wing move constitutes an attack on a popular government program using “we the people” effectively as collateral.
Not only is Congress behaving in an extraordinarily partisan way, they are holding their own constituents hostage to end a single program they dislike. In addition, there is little doubt that in the unlikely event of an Obamacare repeal, Republicans in the lower house would once more desire popular government programs to be on the chopping block. If House Republicans weren’t acting treasonous before by serving the will of international corporations instead of the people, they have reached that level now.