Latest Breaking News

progree

(12,749 posts)

4. CBO: When Medicare and Medicaid are excluded, the committee oversees a total of $581 billion in spending -- much less

Reply to BumRushDaShow (Original post)

Thu Mar 6, 2025, 11:18 AM

Mar 2025

than the $880 billion the House Energy and Commerce Committee has been instructed to cut

From the Economy Group this morning --
https://www.democraticunderground.com/111699822

Republicans can't meet their own budget target without cutting Medicare or Medicaid, budget office says, NBC News 3/5/25

House Republicans can’t meet their own budget target that is necessary to pass President Donald Trump’s legislative agenda without making significant cuts to Medicare or Medicaid, the official budget scorekeeper confirmed Wednesday.

House Republicans adopted a budget blueprint last week that opens the door to pass Trump’s policy priorities on immigration, energy and taxes. It instructs the House Energy and Commerce Committee to cut spending under its jurisdiction by $880 billion.

The Congressional Budget Office, a nonpartisan in-house think tank that referees the process, said that when Medicare is set aside, the total funding under the committee’s jurisdiction is $8.8 trillion over 10 years. Medicaid accounts for $8.2 trillion of that, or 93%.

When Medicare and Medicaid are excluded, the committee oversees a total of $581 billion in spending — much less than the $880 billion target — the CBO said.

(emphasis added)