Some Republicans are threatening to vote against raising the debt limit no matter what, while others say they will only vote for it if cuts are made to programs that keep millions of people above the poverty line, like Social Security, Medicare and SNAP.
“There’s a lot of fat and garbage that’s way off the mission that we can cut,” Rep. Chip Roy , answered “hell no” when asked if he would support a package that didn’t cut federal discretionary programs like Social Security and Medicare.
The fact that not raising the debt limit comes with such huge risks is precisely why Republicans are planning to use it as leverage to force through their priorities, asfor months now. It would be especially politically expedient for them to do so with a Democrat in the White House who they can use as a scapegoat.
Though Republicans often say that they refuse to raise the debt limit because they oppose spending bills, this line of reasoning is based on a false premise. The debt limit does not authorize new spending; rather, the debt limit is raised in order to accommodate spending that has already been promised by the government. Some, as a result, that the debt ceiling should be abolished altogether in order to prevent future standoffs that could potentially wreck the economy.
Cutting social programs would be devastating for beneficiaries and would have ripple effects across the entire economy. Social Security and Medicare are among the country’s most effective anti-poverty programs, while SNAP is
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