High Yield Markets
  • World News
  • Politics
  • Investing
  • Stock
  • Editor’s Pick
Editor's PickInvesting

Senate GOP Deploys Dishonest Budget Gimmick to Dodge Accountability for Rescuing Biden’s Spending Surge

by April 3, 2025
April 3, 2025

Michael F. Cannon

federal debt

As the United States government barrels toward a debt crisis, both House and Senate Republicans seem content to keep forcing taxpayers to overpay for low-quality health care. Senate Republicans especially are blindfolding the passengers while slamming on the gas. 

Former President Biden went on a health care spending spree. He created Obamacare premium subsidies for households earning up to $600,000 per year. He opened the floodgates to improper enrollment in Obamacare. He increased Medicare spending by 14 percent and Medicaid spending by 20 percent over the pre-Biden baseline—that is, new spending above and beyond the typical year-to-year increases. The House Republicans’ budget might at least reduce annual growth in Medicaid spending from 6 percent to 3 percent; by the 10th year of the budget window, it might just barely eliminate the Medicaid portion of the Biden Bump. 

The Senate GOP budget is an effort to rescue Biden’s spending spree. Obamacare subsidies for those earning up to $600,000 would stay. Biden‘s Medicaid and Medicare spending increases would stay. And Senate Republicans would accomplish all this through what is perhaps the largest, most dishonest, and most shameful budget gimmick in US history.

Decades ago, Congress enacted budget rules to prevent runaway deficits. But no Congress can bind future Congresses. Profligate legislators have rewritten those rules, including by subterfuge. The result is a record federal debt equal in size to the entire US economy, which Congress increases by another 6 percent of GDP each year. 

The Senate GOP budget would rescue Joe Biden’s spending spree. But Senate Republicans don’t want to face accountability for that decision. So they devised a novel and massive subterfuge that would enable them to pass their irresponsible budget with fewer votes and would effectively throw all congressional budget rules out the window.

Their subterfuge is literally to pretend that tax and spending laws that Congress has already passed aren’t real. Senate Republicans want to pretend that Congress has already renewed Biden’s spending spree, that Congress has already cut taxes, and that the federal debt is already heading as high as Senate Republicans want to raise it. None of those things are true, of course. But if the Senate passes a resolution that pretends they are, Republicans can enact those policies without facing accountability from voters. After all, if those things have already happened, there’s no need to cast unpleasant votes for the tax increases and spending cuts necessary to pay for them. Senate Republicans’ phony “policy baseline” is perhaps the largest, most dishonest, and most shameful budget gimmick in US history.

The United States government is heading toward a debt crisis. The House Republican budget would keep barreling down that road. Senate Republicans are blindfolding the passengers while slamming on the gas.

When a debt crisis arrives, it will bring drastic cuts to federal health programs. Not reductions in the rate of growth. Actual, deep cuts. Mostly to Medicaid. Democrats who continually expand government health programs and Republicans who continually expand federal debt are putting the health care of low-income patients in a precarious situation.

previous post
Spain and France Rise Against Islamization – “Europe is Christian,” the People Fiercely Proclaim
next post
UNIPARTY STRIKES BACK: GOP Senator Chuck Grassley and Leftist Democrat Introduce Legislation to Upend President Trump’s Tariff Authority

You may also like

Local Government Corruption: 15 Case Studies

June 3, 2025

Grace-Marie Turner, RIP

June 3, 2025

The FTC Event that Wasn’t: The Attention Economy...

June 3, 2025

Religious Charter Schools? Let States Decide

June 2, 2025

Texas Embraces Medical Talent—Unless You’re from the “Wrong”...

May 30, 2025

Large-Scale Food Stamp Fraud

May 30, 2025

Friday Feature: Solstice Hybrid Academy

May 30, 2025

Record Student Visa Denials Before Trump: 41 Percent...

May 30, 2025

Cato’s Contributions to Justice

May 29, 2025

The Historical Ratio Between Dropout and High School...

May 29, 2025
Join The Exclusive Subscription Today And Get Premium Articles For Free


Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

Recent Posts

  • Local Government Corruption: 15 Case Studies

    June 3, 2025
  • Grace-Marie Turner, RIP

    June 3, 2025
  • The FTC Event that Wasn’t: The Attention Economy Workshop Misses an Opportunity for Meaningful Discussion

    June 3, 2025
  • Religious Charter Schools? Let States Decide

    June 2, 2025
  • Texas Embraces Medical Talent—Unless You’re from the “Wrong” Country

    May 30, 2025
  • About Us
  • Contacts
  • Privacy Policy
  • Terms and Conditions
  • Email Whitelisting

Copyright © 2025 highyieldmarkets.com | All Rights Reserved

High Yield Markets
  • World News
  • Politics
  • Investing
  • Stock
  • Editor’s Pick