Republican Tax Bill Could Cut Billions From Medicare
The Republican Tax Cuts and Jobs Act would add 1.5 trillion dollars to the federal deficit over 10 years.
According to the Statutory Pay-As-You-Go Act, or Paygo, the new debt must be offset, or the Paygo requirement must be waived.
If Paygo is not waived, it would trigger automatic cuts to programs like Medicare and farm subsides.
According to a new report, the GOP tax plan would force the government to slash billions of dollars worth of core services unless Democrats relent..