CBO Confirms GOP Budget Bill Triggers Medicare Cuts

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Source: House Committee on the Budget

"WASHINGTON, DC — Congressman Brendan F. Boyle (PA-02), Ranking Member of the House Budget Committee, released the following statement after the nonpartisan Congressional Budget Office (CBO) warned that the Republican budget bill would trigger more than $500 billion in automatic cuts to Medicare under the Statutory Pay-As-You-Go (‘PAYGO’) Act:

“This Republican budget bill is one of the most expensive—and dangerous—bills Congress has seen in decades. The nonpartisan CBO makes it clear: the deficit will explode so badly it will trigger automatic cuts, including over half a trillion dollars from Medicare.

This is what Republicans do—pay for massive tax breaks for billionaires by going after programs families rely on the most: Medicaid, food assistance, and now Medicare. It’s reckless, dishonest, and deeply harmful to the middle class.”

As Republican holdouts are demanding even more cuts to health care, there is no reason to believe the members of the current Republican conference will disarm this budget time bomb."



Read more: https://democrats-budget.house.gov/news/press-releases/cbo-confirms-gop-budget-bill-triggers-medicare-cuts