February 9, 2023
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10:44Now PlayingRepublicans feigned outrage after President Biden called them out for proposing cuts to Social Security and Medicare. Jayar Jackson and Francesca Fiorentini break it down on The Watchlist. Watch LIVE on weekdays at noon ET.
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"But the narrow House GOP majority ― McCarthy can afford to lose just four votes on any bill ― is far more divided on cuts to defense spending than for entitlement programs.
“I’m all for a balanced budget, but we’re not going to do it on the backs of our troops and our military,” Rep. Michael Waltz (R-Fla.), a former Army Green Beret, said Monday during an interview on Fox Business. “If we really want to talk about the debt and spending, it’s the entitlements programs.”
As part of his list of concessions to conservatives, McCarthy reportedly agreed to cap spending for the next year at fiscal 2022 levels, which would amount to over $130 billion in cuts from last month’s $1.7 trillion government funding bill."
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