President-elect Trump and Speaker Mike Johnson agreed to a deal that would fund the government now, but raise the debt ceiling by $1.5 trillion and cut spending by $2.5 trillion, similar to the health care cuts.
Jake Sherman of Punchbowl News posted:
GOP MEETING. The leadership of the RPA has risen, which has an “agreement” on the debt limit
The “deal” says that House Republicans will raise the debt limit by $1.5T in the “first reconciliation package” and also promise to cut $2.5T in “net mandatory spending in the reconciliation process.”
Deputy Jerry Nadler noted.
You can't cut $2.5 trillion in mandatory spending without significant cuts to Social Security and Medicare.
I will stand with @HouseDemocrats to fight these cruel and damaging cuts.
If you are wondering what is the mandatory cost, here is the table:
Here's what “mandatory spending” is according to the CBO https://t.co/4WBg2xqlqL pic.twitter.com/ZW88P7bbKA
— Jeff Stein (@JStein_WaPo) December 20, 2024
Since Trump He reportedly told Johnson that Social Security is off the table, which means cuts to Medicare, Medicaid and veterans' health care.In particular, Republicans are going to address Medicaid.
Congressman Nadler is right that the only way for Republicans to achieve their goal of mandatory spending cuts is to eliminate all major social security and health care programs. That is the only way to cut $2.5 trillion in mandated spending.
Trump, Musk and the Republicans are developing a plan that would destroy the nation's health care system in exchange for tax cuts for the rich.
All those people who voted for Donald Trump because they thought he would lower prices could lose their Medicare and Social Security.
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