Republicans Plan Debt-Limit Crisis to Force Cuts to Medicare and Social Security

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Republicans Plan Debt-Limit Crisis to Force Cuts to Medicare and Social Security
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If they gain control of the House, Republicans will likely try to provoke a crisis in order to extort Democrats into accepting spending cuts to Medicare, Medicaid, and Social Security. jonathanchait writes

interviewed several Republican contenders to lead the House Budget Committee. They all said, with varying levels of specificity, that they plan to instigate a debt-ceiling standoff to force Biden to accept cuts to retirement and health-care programs. “Our main focus has got to be on nondiscretionary — it’s got to be on entitlements,” said Representative Buddy Carter.

They could try to accomplish this through compromise — the previous two Democratic presidents showed some willingness to trade social-spending cuts for higher taxes on the rich. But higher taxes on the rich are completely verboten in the GOP. And so their strategy is to force Democratic presidents to sign spending cuts into law against their will.

But the Republican plan is to try it again with Biden. They are already floating their message: The Republicans will insist they won’t raise the debt ceiling unless Biden agrees to Republican-designed spending cuts, and they will blame him for the global meltdown if he refuses their demands.

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