The Republican bill will cut Medicare
Yes, it cuts Medicaid explicitly. But it will result in cuts to Medicare as well:
“But now Republicans have created another problem. They didn’t just cut Medicaid; they also have forced nearly half a trillion dollars in cuts to Medicare, the health program for the elderly.
“Because of a statutory requirement to automatically impose budget cuts when legislation increases the deficit, the Big Beautiful Bill would require automatic sequestration cuts across the board, something that has been confirmed by the Congressional Budget Office (CBO) but has been largely absent from the debate over the bill. Medicare is one of the programs that will face the axe, and the damage sums to $490 billion over the next ten years, starting in the next fiscal year that begins in October. While many of the safety-net cuts in the bill are delayed to help Republicans with their re-election campaigns, the Medicare cuts must begin next year.
“The Statutory Pay-As-You-Go (PAYGO) Act of 2010 requires the Office of Management and Budget to keep scorecards that track the cumulative effects of legislation on the budget deficit, based on estimates from the CBO. The Senate version of the Big Beautiful Bill adds roughly $3.3 trillion in debt over the next ten years. That will have to be made up through automatic sequestration cuts.”
“As CBO confirmed in a letter to the top Democrat on the House Budget Committee, Rep. Brendan Boyle (D-PA), OMB’s calculation is mandatory, and unless Republicans manage to also pass massive deficit-reducing legislation within this fiscal year, something that is incredibly unlikely to happen, the cuts would follow.
“Republicans could have waived the inclusion of the Big Beautiful Bill on the PAYGO scorecard, averting the sequestration cuts, but they did not do so. Future legislation could waive the cuts as well, but that has yet to be discussed.”
Trump’s BBB will lead to Medicare cuts
“But now Republicans have created another problem. They didn’t just cut Medicaid; they also have forced nearly half a trillion dollars in cuts to Medicare, the health program for the elderly.
“Because of a statutory requirement to automatically impose budget cuts when legislation increases the deficit, the Big Beautiful Bill would require automatic sequestration cuts across the board, something that has been confirmed by the Congressional Budget Office (CBO) but has been largely absent from the debate over the bill. Medicare is one of the programs that will face the axe, and the damage sums to $490 billion over the next ten years, starting in the next fiscal year that begins in October. While many of the safety-net cuts in the bill are delayed to help Republicans with their re-election campaigns, the Medicare cuts must begin next year.
“The Statutory Pay-As-You-Go (PAYGO) Act of 2010 requires the Office of Management and Budget to keep scorecards that track the cumulative effects of legislation on the budget deficit, based on estimates from the CBO. The Senate version of the Big Beautiful Bill adds roughly $3.3 trillion in debt over the next ten years. That will have to be made up through automatic sequestration cuts.”
“As CBO confirmed in a letter to the top Democrat on the House Budget Committee, Rep. Brendan Boyle (D-PA), OMB’s calculation is mandatory, and unless Republicans manage to also pass massive deficit-reducing legislation within this fiscal year, something that is incredibly unlikely to happen, the cuts would follow.
“Republicans could have waived the inclusion of the Big Beautiful Bill on the PAYGO scorecard, averting the sequestration cuts, but they did not do so. Future legislation could waive the cuts as well, but that has yet to be discussed.”
Trump’s BBB will lead to Medicare cuts
I did not know that and it seems like political malpractice by the Dems that I did not.
@Nilles,
So the Democrats are responsible for your ignorance?
Of course Republicans are more responsible for this than Democrats. But is certainly true that with a corrupted media it takes a lot of time & effort to stay informed, and it is inevitable that we all have gaps in our knowledge.
@just,
I guess you didn’t understand my comment. I wasn’t blaming anyone for being ignorant. I was trying to figure out why he is blaming Democrats for the fact that he didn’t know that Medicare cuts could be forced by the budget-busting BBB.
Hope that helps.
My understanding is that almost nobody has actually read the ugly bill, but most reasonably informed people know that it slashes Medicaid to provide tax cuts which mostly benefit the morbidly wealthy, amps up spending on the military and ICE, cuts food relief to the hungry and the farmers who had supplied that food relief, and increases the national debt by several trillions of dollars over the next 10 years. I do know that it also slashes subsidies to keep the planet liveable and will effectively end the ACA when the subsidies expire at the end of the year. It is a brutal bill which condemns 75% of US citizens to a lower standard of living while giving ultra conservatives wet dreams of a smaller federal government. The oligarchs love it and the MAGA cultists will support it because black and brown and female people will suffer arguably less than the MAGA cultists. I do try and keep up and I do not have the excuse of a day job, but I did not know about the sequestration effect on Medicare and I stand by my position that the opposition party should have made it known.
Terry:
It is called pimping the peasants because they can. No respect if they struggled and need some help. How can you read something when it was purposely made long, obscure, etc. ?