Biden’s stimulus gamble: Massive cuts to Medicare, farm aid
At best, Republicans could use their votes to avert the impending cliff as leverage to notch GOP policy wins in negotiations later this year. At worst, they could let the cuts set in as punishment to Democrats for using the reconciliation tool to negate GOP input as the majority party pushes to advance Biden’s package with just 51 votes in the Senate.
“I don’t know whether to be concerned or not,” House Budget Chair John Yarmuth (D-Ky.) said in an interview. “I’ve been told not to be concerned.”
The fix could be as easy as inserting language in must-pass legislation before the cuts set in come mid-January, as Congress has previously done with little fanfare. Unlike a reconciliation bill, however, that solution can’t pass the Senate with a simple majority and requires…