U.S. House Republicans are eyeing $150 billion in spending cuts targeting education, healthcare and housing - particularly efforts to address racial inequities that conservatives deride as 'woke'
Failing to lift the debt ceiling could trigger a default on the federal government's debt that would take a heavy toll on the American and probably world economies. A prolonged 2011 debt-cap standoff led to a cut in the government's top-tier credit rating.early this month, Republicans loudly vowed not to pursue cuts to the Social Security retirement or Medicare healthcare programs. They also mostly oppose military cuts.
Vought, who directed the Office of Management and Budget between 2019 and 2021 and now heads a conservative think tank, said the cuts he proposes would eventually slice the deficit by just a third if they were sustained for 10 years. Republicans have increasingly used "woke" as a pejorative term regarding liberal views on race, gender and sexuality, for example attacking school courses about U.S. racial injustice and LGBTQ rights.
Like other committee hardliners, Norman wants to cut nondefense discretionary spending to pre-pandemic levels. The conservatives also want to hold defense spending steady and increase outlays on security along the U.S.-Mexico border.
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