Biden’s stimulus gamble: Massive cuts to Medicare, farm aid
www.politico.com
The budget gambit Democrats are embracing to fast-track President Joe Biden’s $1.9T pandemic aid plan will trigger billions of dollars in reeducations to critical programs.

“I don’t know whether to be concerned or not,” House Budget Chair John Yarmuth (D-Ky.) said in an interview. “I’ve been told not to be concerned.”

Cool

  • zifnab25 [he/him, any]
    ·
    4 years ago

    Gotta take this with a grain of salt, because Politico.

    This is the old Reagan Era "Debt Ceiling" gimmick, where we are always and forever six weeks from bankruptcy unless Congress writes "No we're not" on a piece of paper and hands it to the Treasury.