House Republicans wrestling with how to form a budget plan are weighing whether to extend their outlook from ten to 15 years to make spending cuts easier — and whether to create a panel to explore changes to Social Security and Medicare.
Speaker Kevin McCarthy repeatedly has said the GOP wants to present a plan to balance the budget within a decade. But with Republicans struggling to reach a consensus, GOP lawmakers are thinking about different avenues to cut spending.
As long as those programs are off the table, many believe the plan for balancing the budget should be on an extended schedule, beyond 10 years. This lawmaker suggested the House could pass a one-year budget first, to help clear a path for budget negotiations for a longer period, such as ten to 15 years.Several GOP lawmakers said there is general consensus surrounding proposals that Arrington has laid out.
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