White House and GOP Reportedly Nearing Agreement to Raise Debt Ceiling

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White House and GOP Reportedly Nearing Agreement to Raise Debt Ceiling
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Sen. Bernie Sanders said late Thursday that cuts to aid programs for vulnerable people should be “off the table” entirely as Republican negotiators and the Biden White House reportedly closed in on a deal that would raise the debt ceiling.

, the deal would “roll back $10 billion of the $80 billion Congress approved last year for an IRS crackdown on high earners and corporations that evade taxes, though that provision was still under discussion.”

The senator stressed that “there are ways that you can cut government spending without doing it on the backs of the most vulnerable people in this country” and slammed Republicans for stonewalling efforts to raise taxes on the wealthy, rein in out-of-control military spending, and slash prescription drug costs.

“If the Republicans are prepared to hold the entire world economy hostage and say, ‘Hey Mr. President, you’ve got no alternative but to make massive cuts to programs for vulnerable people — you have no alternative.’ Well, the president does have an alternative.”

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