As Lawmakers Spar Over Social Security, Its Costs Are Rising Fast
Posted on AllSides February 15th, 2023
From The Left
Haiyun Jiang/The New York Times
President Biden scored an early political point this month in his fight with congressional Republicans over taxes, spending and raising the federal debt limit: He forced Republican leaders to profess, repeatedly, that they will not seek cuts to Social Security and Medicare.
In the process, Mr. Biden has effectively steered a debate about fiscal responsibility away from two cherished safety-net programs for seniors, just as those plans are poised for a decade of rapid spending growth.
New forecasts from the nonpartisan Congressional Budget Office, set to be released on Wednesday, are expected...
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