“As we all apparently agree: Social Security and Medicare is off the books now, right?” President Biden asked. In a break from past budget fights, Republicans in the Capitol applauded in response. “We’ve got unanimity!” Biden added, in apparent surprise.
Republicans in the Capitol applauded in response.The ad-libbed exchange on Tuesday night encapsulated a newfound reality in Washington: Leaders of both parties have become unwilling to discuss potential changes to Social Security and Medicare — even as time dwindles before they reach financial insolvency and benefit reductions for tens of millions of American seniors will automatically go into effect.
to issue recommendations on Medicare and Social Security as representing a “death panel” for the programs, effectively quashing the idea, always popular in Washington, of kicking the whole subject to a group of experts to ponder. The outright rejection of revisions puts Social Security and Medicare on a trajectory that now looks almost certain to culminate in unprecedented high-wire congressional brinkmanship over benefits for the country’s elderly population.
“Both Obama and Bush were serious, and made serious attempts,” said Doug Holtz-Eakin, a former economic adviser to Bush and Sen. John McCain . “That appetite has completely disappeared in the past decade.”
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