'Swamp Accounting': Chip Roy Nukes His Own Party's Budget, Demands Medicaid Cuts
Source: MEDIAite
May 15th, 2025, 6:43 pm
Rep. Chip Roy (R-TX) joined CNBC on Thursday and made clear his opposition to the Trump-backed GOP budget, saying he cant support the levels of Medicaid funding in the bill.
Host Joe Kernen began the interview by telling Roy hes absolutely correct to want to claw back the expansion of Medicaid under President Joe Biden and hit the GOP for not doing anything about that.
Yeah, well, the president of the United States, President Trump and his secretary of the treasury, Treasury Bessent, are doing a fantastic job and the secretary has laid out a objective of obviously getting our deficits down to 3% of GDP. Through strong economic growth, through the tax policy that we want to extend that the president put forward, I believe thats one piece of the puzzle that we must go do, Roy replied, adding:
But right now, we are not going to address the key drivers of spending that will make it impossible for the president and the secretary to achieve that objective. Bond markets are on a knifes edge. You know that and I know that. And that is necessary for the free flow of capital to have that economic growth.
If we continue to allow Medicaid to consume our budget and allow us to continue to drive that budget up so deficits go up, then were not going to be able to achieve those objectives. Medicaid right now is now a trillion dollar higher baseline than when we came in under Biden.
Read more: https://www.mediaite.com/news/swamp-accounting-chip-roy-nukes-his-own-partys-budget-demands-medicaid-cuts/

wiggs
(8,238 posts)Jacson6
(1,282 posts)GiqueCee
(2,268 posts)... lays bare, for all to see, the rancid, putrid essence of conservatism: Playground bullies on steroids, victimizing those less fortunate, and who lack the financial resources to defend themselves against the unbridled greed of corporate interests.
Where's a guillotine when you need one?
choie
(5,490 posts)NEED Medicaid, he fucks them over.