McCarthy suggests new commission could look at Social Security and Medicare cuts [View all]
Source: raw story
Sarah K. Burris May 31, 2023, 4:01 PM ET
House Speaker Kevin McCarthy (R-CA) announced Wednesday he was launching a commission tasked with looking at budget cuts – and he suggested Social Security and Medicare could come under his scalpel.
His pledge came just months after vowing such cuts to mandatory spending programs were off the table.
In February, President Joe Biden spoke before a joint session of Congress, telling Americans the GOP wanted to cut the programs they had paid into their whole lives. "Instead of making the wealthy pay their fair share, some Republicans want Medicare and Social Security to sunset every five years," he said.
"That means those programs will go away if Congress doesn’t vote to keep them. Other Republicans say if we don’t cut Social Security and Medicare, they’ll let America default on its debt for the first time in our history."
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McCarthy told Fox host Harris Faulkner that only 11 percent of the budget could be negotiated during the debt ceiling talks because Biden had "walled off" parts of it – including the part that included discretionary spending programs.
Now, he said, "We have to look at the entire budget."
Read more: https://www.rawstory.com/kevin-mccarthy-social-security-commission/
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