Major changes to means-tested federal benefit programs don’t appear to be in the cards as negotiators head into the final stretch of debt limit negotiations.
But President Joe Biden has left the door open to smaller tweaks, which could mean tighter work requirements for families to receive cash assistance under what used to be known as “welfare.”
That could help give the GOP a policy win they’re looking for and seal a deal to raise the nation’s borrowing cap and avoid what Treasury Secretary Janet L. Yellen says would be an “economic and financial catastrophe.”
