Republicans on the House Budget Committee offered a preview Wednesday of the programs they're looking to cut or overhaul as part of any agreement to lift the debt ceiling, a target list that includes food aid for low-income families, climate justice and electric vehicle funding, student debt relief, and Affordable Care Act subsidies.
The proposed cuts were outlined in a press release issued by Rep. Jodey Arrington (R-Texas), the chair of the House Budget Committee.
In total, Arrington put forth roughly $780 billion in proposed spending cuts, nearly half of which would come from reversing President Joe Biden's student debt cancellation—a plan that is currently blocked pending a decision from the U.S. Supreme Court.
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