Manchin Wants Deal on Debt, Social Security, Medicare and Medicaid
- Biden vowed to protect Social Security, Medicare from cuts
- Entitlement push comes as debt limit looms after midterms
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West Virginia Senator Joe Manchin said Thursday that Congress needs to deal with the nation’s “crippling debt” by making changes to shore up Social Security, Medicare, Medicaid and other programs he said are “going bankrupt.”
Manchin said at a Fortune CEO conference he’d like to see bipartisan legislation over the next two years to deal with entitlement programs, which he said are facing “tremendous problems.” Some of the trust funds that help support the programs could run out of money in the next 12 years, which would trigger cuts to benefits.