This will be interesting to watch. Some Republicans have raised the prospect of leveraging the debt limit to secure potential changes to programs like Social Security and Medicare in recent months. Both programs are staring down insolvency in the coming years — and were ranked in reporting from the Treasury as number one and five on its list of the top 10 categories and agencies for federal spending in the previous fiscal year, respectively. But other Republicans have been wary of linking the debt limit fight to reforms to either of the popular programs. “What we have been very clear about is, we’re not going to touch the benefits that are going to people relying on the benefits under Social Security and Medicare,” Rep. Chip Roy (Texas), among the roughly 20 Republicans who had opposed McCarthy’s bid, said during a CNN appearance earlier this month.

Posted by Shonda Werry at 2023-01-20 15:17:09 UTC