Republicans May Target Entitlement Programs to Reduce Deficit
The possibility appeared more likely after the Congressional Budget Office warned that the tax bill could set off a rule that would make cuts to Medicare over the next decade.
WASHINGTON — Republican lawmakers have largely dismissed concerns about how their $1.5 trillion tax cut will add to the federal deficit. Now, some Democrats are warning the tax rewrite will ultimately be financed by gutting entitlement programs like Social Security and Medicare.The possibility of cuts to safety net programs appeared more likely on Tuesday, as the Congressional Budget Office warned that the tax bill could set off an arcane budget rule that would make deep cuts to Medicare over...
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