The Medicare cuts alone are projected to hit $25 billion next year, according to the nonpartisan Congressional Budget Office, and would increase steadily by 2026. For nearly three decades, Congress has operated under a set of arcane spending rules designed to control deficits. What would Medicare cuts look like? At the same time, Democrats feel GOP lawmakers are trying to ram through tax cuts that benefit wealthy taxpayers and corporations at the expense of middle- and lower-class Americans. Many of them are unlikely to back a move — like waiving PAYGO rules — that would make passing such tax cuts easier.

Source: Los Angeles Times November 16, 2017 19:41 UTC