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Of course, Congress can act to block the Medicare cuts, something it has done in the past. But radical Freedom Caucus ...
Medicare recipients overwhelmingly voted red in 2024. Now, Republicans just cut their Medicare, automatically, as a result of the BBB.
Thanks to the fact that they didn't put a PAYGO waiver in their MAGA Murder Bill, cuts could kick in automatically.
Trump is waiting to see if Congress passes a PAYGO wavier before signing. If they do not, he will sign the tax bill in 2018 so the Medicare cuts don't go into effect until 2019.
According to the CBO, since the GOP's Tax Cuts and Jobs Act is expected to add roughly $1.5 trillion in new debt over the next 10 years, Paygo would force spending cuts of $150 billion a year on ...
Medicare for All. Alexandria Ocasio-Cortez Wants Democrats to Drop the Pretense of Fiscal Responsibility The fight over PAYGO is about whether Democrats will pretend to care about the deficit.
Democrats note that Republicans have waived PAYGO for their own priorities, including the 2017 tax reform bill, which was also done through reconciliation, to avoid cuts to Medicare and other ...
Even with PAYGO, this year's 8 percent growth in discretionary spending (the third consecutive year of such growth), and its $110 billion growth in Social Security, Medicare and Medicaid would ...
Medicare alone could lose $25 billion in funding next year if paygo were to go into effect, according to a new Congressional Budget Office report.Customs and Border Patrol, the Student Loan ...
Consider the case of the Medicare drug bill. Had PAYGO been in place in 2003, it likely would have prevented this unaffordable expansion of government.
Providers are facing a 4% cut to Medicare payments under the Pay-As-You-Go (PAYGO) spending law, which triggers cuts to government programs if spending reaches a certain threshold.
The PAYGO law mandates cuts if government spending reaches a certain threshold, with the 4% cut set to go into effect next year. PAYGO cuts have largely been delayed by Congress and not taken effect.