McCarthy agrees not to cut Medicare, Social Security in debt ceiling talks: report

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Kevin McCarthy reportedly agrees to leave cuts to Social Security and Medicare off the table in debt ceiling negotiations

that Speaker of the House Kevin McCarthy has agreed to leave cuts to Medicare and Social Security off the table in debt ceiling negotiations.

This came after the two lawmakers met earlier today on raising the debt limit — an issue Democratic and Republican lawmakers have been clashing over recently as they negotiate how to keep the US on top of paying its bills. A source familiar said that the meeting between Manchin and McCarthy was good, albeit with no commitments; Manchin encouraged McCarthy to negotiate and try a find path forward that would avoid harming Americans., and President Joe Biden's administration has urged House Republicans to work in a bipartisan way to keep the country from defaulting on its obligations and potentially triggering a global financial crisis and recession.

"No cuts to anybody that's receiving their benefits, no adjustments to that. They've earned it. They paid into it. Take that off the table," he said."But everyone's using that as a leverage."urging Republicans in a video message last week"Under no circumstances should Republicans vote to cut a single penny from Medicare or Social Security," Trump said in the video.

It's still unclear what other types of cuts Republicans are considering in these negotiations. Senate Majority Leader Chuck Schumer said on the Senate floor on Monday that the GOP should reveal their intentions to the public, saying that"Republicans are talking about draconian cuts, they have an obligation to show Americans what those cuts are and let the public react.

 

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MarilynCapps11 It didn't take him long to blink..

Funny how nobody understands the cuts. The SSi is broke. Y’all think it’s always about making the rich, richer. Guess what. Trump Tax cuts to the rich made America larger profits. We gained Trillions. Similar cuts were done by JFK and Reagan. Guess who blew it all? BIDEN.

PaulPari6 Oh no, McCarthy. Leave them in. Let everyone see.

Good. I can breathe again.

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Kevin McCarthy calls out WH over Social Security, Medicare budget cut speculation: 'None of that is true'House Speaker Kevin McCarthy claims he's not considering budget cuts to Social Security or Medicare as Congress negotiates fiscal pathways to raising the debt ceiling. SpeakerMcCarthy Well if we raised taxes on corporations and the rich we would have enough money for these programs THAT WE NEED. SpeakerMcCarthy SpeakerMcCarthy I am disconnecting my satellite cable from ATT. They removed RSBN, OANN and now NEWSMAX! That is the last straw!!! I have a smart tv and am able to watch all my faves and then some! But I cannot find FOX BUSINESS?
Source: FoxBusiness - 🏆 458. / 53 Read more »