President-elect Trump and Speaker Mike Johnson have agreed to a deal that may fund the federal government now however elevate the debt ceiling by $1.5 trillion and minimize $2.5 trillion in spending, which seems to be like cuts to healthcare.
Jake Sherman of Punchbowl Information posted:
IN THE GOP MEETING — GOP management has a slide up that has an “settlement” on the debt restrict
The “settlement” says that Home Republicans will elevate the debt restrict by $1.5T within the “first reconciliation bundle” alongside a promise to CUT $2.5T in “internet obligatory spending within the reconciliation course of.”
You canât minimize $2.5 trillion in obligatory spending with out substantial cuts to Social Safety and Medicare.
I’ll stand with @HouseDemocrats to combat again to towards these merciless and dangerous cuts.
In case you might be questioning what obligatory spending is, right here’s a chart:
This is what’s in “obligatory spending,” per CBO https://t.co/4WBg2xqlqL pic.twitter.com/ZW88P7bbKA
— Jeff Stein (@JStein_WaPo) December 20, 2024
Since Trump has reportedly advised Johnson that Social Safety is off the desk, which means cuts to Medicare, Medicaid, and Veterans’ healthcare. Particularly, Republicans are going to look to intestine Medicaid.
Rep. Nadler is right the one approach for Republicans to succeed in their aim on obligatory spending cuts is to intestine Social Safety and all main healthcare packages. That’s the solely technique to minimize $2.5 trillion in obligatory spending.
Trump, Musk, and the Republicans are placing a plan in place that may wreck the nation’s healthcare system in alternate for tax cuts for the wealthy.
All of these individuals who voted for Donald Trump as a result of they thought that he would decrease costs might finish dropping their Medicare and Social Safety.