comment: >
  
  TBH I think Biden is gonna mint the coin, or just say "I'm unilaterally raising the debt ceiling because the constitution says we are required to pay the debt, come and sue me." before that happens.
context: They are going to try and cut Medicaid and SNAP (Food Stamps). Why?
  
  
  Medicaid and SNAP are means-tested programs designed for the needy. They are, in traditional terms, welfare. Medicare and Social Security are not seen as welfare because recipients (with exceptions) pay into these programs all of their lives and then retire. 
  
  
  Recipients of Medicare/Social Security tend to be older and vote more often. Any political party would probably be fearful of their votes.
  
  
  So, the Republicans will so after these programs. They want to scale back the social welfare state and they see this as their chance. >
  
  They have been gunning for Social Security for years.  They're just really careful of how they market it. >
  
  For anyone who's been paying attention over the past couple decades, it's obvious that there has never been a plan. They just say stuff because it sounds good then figure out details later. >
  
  This is basically true.
  It's also true that in trying to figure out the details, we can guess at what they're going to try to cut.
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  They aren't going to want to touch defense, or medicare or social security.
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  Medicaide will probably end up on the chopping block. Also SNAP and other benefits for the poor like section 8 and TANF. I would also expect them to take aim at the department of education, which is probably going to mostly manifest as cuts for disability programs since those tend to be relatively more expensive. School lunch assistance is also a likely target.
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  And of course, the big one is going to be cutting or eliminating the Affordable Care Act.
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  I expect Biden and Senate Dems to oppose basically all of this. The mostly likely outcomes are that they make some kind of "compromise" on a toothless committee that studies the deficit or something. Other likely outcomes are that McCarthy ends up just knuckling under or getting outmaneuvered, or that he totally shits the bed and causes a major recession. >
  
  
  he totally shits the bed and causes a major recession.
  
  im willing to bet money this is what happens. the GOP has nothing to lose by doing this, their voters are so ignorant of what goes on, they'll blame democrats. 
  corporations and the wealthy want a recession because it means consolidation at low prices.