White House over the holiday weekendBoth sides have suggested one of the main holdups is a GOP effort to expand existing work requirements for recipients of food stamps and other federal aid programs, a longtime Republican goal that Democrats have strenuously opposed.
The later " X-date, " laid out in a letter from Treasury Secretary Janet Yellen, set the risk of a devastating default four days beyond an earlier estimate. Still, Americans and the world uneasily watched the negotiating brinkmanship that could throw the U.S. economy into chaos and sap world confidence in the nation’s leadership.U.S. President Joe Biden talks to reporters as he departs the White House for the Memorial Day holiday weekend on May 26, 2023 in Washington, DC.
But talks over the proposed work requirements for recipients of Medicaid, food stamps and other aid programs seemed at a standstill Friday afternoon. The Republican proposal would save $11 billion over 10 years by raising the maximum age for existing standards that require able-bodied adults who do not live with dependents to work or attend training programs. While current law applies those standards to recipients under the age of 50, the Republican plan would raise the age to include adults 55 and under. It would also decrease the number of exemptions that states can grant to some recipients subject to those requirements.
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