Deirdre Walsh
๐ค SpeakerAppearances Over Time
Podcast Appearances
And the Treasury Department is going to run out of money to pay its bills this summer. So lawmakers included a $4 trillion increase in the debt ceiling to avoid a default. But for right now, House Republican leaders are still negotiating to try to get the votes to get it through the House. That's NPR's Deirdre Walsh. Thank you, Deirdre. Thanks, Layla.
How do you manage it? Well, he and Senate Majority Leader John Thune met separately with a group of about 20 conservatives who were adamant that the budget package had to include a minimum amount of spending cuts. They're talking $1.5 trillion. There's a range in this resolution, but these hardliners weren't convinced the Senate would actually meet the higher number, and now they say they are.
How do you manage it? Well, he and Senate Majority Leader John Thune met separately with a group of about 20 conservatives who were adamant that the budget package had to include a minimum amount of spending cuts. They're talking $1.5 trillion. There's a range in this resolution, but these hardliners weren't convinced the Senate would actually meet the higher number, and now they say they are.
How do you manage it? Well, he and Senate Majority Leader John Thune met separately with a group of about 20 conservatives who were adamant that the budget package had to include a minimum amount of spending cuts. They're talking $1.5 trillion. There's a range in this resolution, but these hardliners weren't convinced the Senate would actually meet the higher number, and now they say they are.
So what's in this blueprint? It's really a big package that wraps the president's legislative agenda into one set of instructions for committees to follow. The resolution says the House and Senate agrees on these goals. Now they have to work out all the details. They've agreed they want more money for border security, domestic energy production.
So what's in this blueprint? It's really a big package that wraps the president's legislative agenda into one set of instructions for committees to follow. The resolution says the House and Senate agrees on these goals. Now they have to work out all the details. They've agreed they want more money for border security, domestic energy production.
So what's in this blueprint? It's really a big package that wraps the president's legislative agenda into one set of instructions for committees to follow. The resolution says the House and Senate agrees on these goals. Now they have to work out all the details. They've agreed they want more money for border security, domestic energy production.
But most importantly, this budget extends the president's tax cuts. Those are going to expire at the end of 2025. That extension of those tax breaks is going to cost around $5.5 trillion over 10 years. Republicans are also planning to use this budget package to avoid a default on the nation's debt. They're going to raise the debt ceiling by about $5 trillion.
But most importantly, this budget extends the president's tax cuts. Those are going to expire at the end of 2025. That extension of those tax breaks is going to cost around $5.5 trillion over 10 years. Republicans are also planning to use this budget package to avoid a default on the nation's debt. They're going to raise the debt ceiling by about $5 trillion.
But most importantly, this budget extends the president's tax cuts. Those are going to expire at the end of 2025. That extension of those tax breaks is going to cost around $5.5 trillion over 10 years. Republicans are also planning to use this budget package to avoid a default on the nation's debt. They're going to raise the debt ceiling by about $5 trillion.
By doing it in this budget package, they don't have to negotiate any concessions with Democrats. They're using a process to get around a Democratic filibuster. Democrats have been blasting this package. They're saying it's going to add trillions to the deficit. Some were calling it yesterday a heist with tax breaks for the wealthy as programs for the working class are expected to be slashed.
By doing it in this budget package, they don't have to negotiate any concessions with Democrats. They're using a process to get around a Democratic filibuster. Democrats have been blasting this package. They're saying it's going to add trillions to the deficit. Some were calling it yesterday a heist with tax breaks for the wealthy as programs for the working class are expected to be slashed.
By doing it in this budget package, they don't have to negotiate any concessions with Democrats. They're using a process to get around a Democratic filibuster. Democrats have been blasting this package. They're saying it's going to add trillions to the deficit. Some were calling it yesterday a heist with tax breaks for the wealthy as programs for the working class are expected to be slashed.
Is that still the plan? There is no doubt Medicaid is going to be a big source of savings in this budget. You cannot cut $1.5 trillion from the federal budget without getting some from the biggest side of the federal ledger. That's mandatory spending on programs like Medicaid. The process Republicans are using walls off any changes to Social Security.
Is that still the plan? There is no doubt Medicaid is going to be a big source of savings in this budget. You cannot cut $1.5 trillion from the federal budget without getting some from the biggest side of the federal ledger. That's mandatory spending on programs like Medicaid. The process Republicans are using walls off any changes to Social Security.
Is that still the plan? There is no doubt Medicaid is going to be a big source of savings in this budget. You cannot cut $1.5 trillion from the federal budget without getting some from the biggest side of the federal ledger. That's mandatory spending on programs like Medicaid. The process Republicans are using walls off any changes to Social Security.
After the vote, the speaker was careful to say Medicaid beneficiaries aren't going to lose their coverage. He's arguing there's over $50 billion in waste, fraud, and abuse in the Medicaid program and other programs. The speaker emphasized they're going to make changes to Medicaid to add work requirements.
After the vote, the speaker was careful to say Medicaid beneficiaries aren't going to lose their coverage. He's arguing there's over $50 billion in waste, fraud, and abuse in the Medicaid program and other programs. The speaker emphasized they're going to make changes to Medicaid to add work requirements.
After the vote, the speaker was careful to say Medicaid beneficiaries aren't going to lose their coverage. He's arguing there's over $50 billion in waste, fraud, and abuse in the Medicaid program and other programs. The speaker emphasized they're going to make changes to Medicaid to add work requirements.
This is going to be a huge lift for Republicans. And as you know, they have a really skinny majority in the House. Lawmakers in swing districts are really concerned about Medicaid. And conservatives want more than $1.5 trillion in cuts. They want closer to $2 trillion.