House Republicans Press for 3rd Reconciliation Bill as $40 Million Fraud Cuts Fall Short
Updated
Updated · POLITICO · Jun 9
House Republicans Press for 3rd Reconciliation Bill as $40 Million Fraud Cuts Fall Short
2 articles · Updated · POLITICO · Jun 9
Summary
Monday’s meeting with CBO Director Phillip Swagel and JCT’s Tom Barthold showed House Republicans moving from concept to scorekeeping on a third reconciliation bill they want passed before the August recess.
The emerging package is centered on affordability but would also seek savings by targeting alleged fraud in Medicaid, Medicare and other social programs to help finance military spending tied to the Iran conflict.
Republicans privately discussed adding housing measures, energy-permitting changes and tax provisions such as indexing capital gains on homes, while outside conservative groups including Heritage and Fiscal Lab joined the scorekeeping session.
Valadao and other centrists are warning that deep health-care cuts could hurt vulnerable incumbents in an election year, and moderates have identified only about $40 million to $50 million in fraud savings versus tens of billions sought.