Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

Economy

Showing Original Post only (View all)

Eugene

(64,282 posts)
Thu Mar 6, 2025, 11:42 AM Mar 6

Republicans can't meet their own budget target without cutting Medicare or Medicaid, budget office says [View all]

Source: NBC News

Republicans can't meet their own budget target without cutting Medicare or Medicaid, budget office says

The House GOP has ordered the Energy and Commerce Committee, which oversees Medicare and Medicaid funding, to cut $880 billion in a bill to advance Trump's agenda.

March 5, 2025, 9:50 PM EST
By Sahil Kapur

WASHINGTON — House Republicans can’t meet their own budget target that is necessary to pass President Donald Trump’s legislative agenda without making significant cuts to Medicare or Medicaid, the official budget scorekeeper confirmed Wednesday.

House Republicans adopted a budget blueprint last week that opens the door to pass Trump’s policy priorities on immigration, energy and taxes. It instructs the House Energy and Commerce Committee to cut spending under its jurisdiction by $880 billion.

The Congressional Budget Office, a nonpartisan in-house think tank that referees the process, said that when Medicare is set aside, the total funding under the committee’s jurisdiction is $8.8 trillion over 10 years. Medicaid accounts for $8.2 trillion of that, or 93%.

When Medicare and Medicaid are excluded, the committee oversees a total of $581 billion in spending — much less than the $880 billion target — the CBO said. The letter outlining the figures was in response to a query by Reps. Frank Pallone, D-N.J., the ranking member of the Energy and Commerce Committee, and Brendan Boyle, D-Pa. the ranking member of the Budget Committee.

-snip-

Read more: https://www.nbcnews.com/politics/congress/republicans-cannot-meet-budget-target-cutting-medicare-medicaid-budget-rcna195042

4 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Latest Discussions»Issue Forums»Economy»Republicans can't meet th...»Reply #0