We extend our subtractive-renormalization method to evaluate the ${}^{1}{\mathrm{S}}_{0}$ and ${}^{3}{\mathrm{S}}_{1}\text{\ensuremath{-}}{}^{3}{\mathrm{D}}_{1} \mathit{NN}$-scattering phase shifts up to next-to-next-to-leading order (NNLO) in chiral effective theory. We show that, if energy-dependent contact terms are employed in the $\mathit{NN}$ potential, the ${}^{1}{\mathrm{S}}_{0}$ phase shift can be obtained by carrying out two subtractions on the Lippmann-Schwinger equation. These subtractions use knowledge of the the scattering length and the ${}^{1}{\mathrm{S}}_{0}$ phase shift at a specific energy to eliminate the low-energy constants in the contact interaction from the scattering equation. For the $J=1$ coupled channel, a similar renormalization can be achieved by three subtractions that employ knowledge of the ${}^{3}{\mathrm{S}}_{1}$scattering length, the ${}^{3}{\mathrm{S}}_{1}$ phase shift at a specific energy, and the ${}^{3}{\mathrm{S}}_{1}\text{\ensuremath{-}}{}^{3}{\mathrm{D}}_{1}$ generalized scattering length. In both channels a similar method can be applied to a potential with momentum-dependent contact terms, except that in that case one of the subtractions must be replaced by a fit to one piece of experimental data. This method allows the use of arbitrarily high cutoffs in the Lippmann-Schwinger equation. We examine the NNLO $S$-wave phase shifts for cutoffs as large as $19$ GeV and show that the presence of linear energy dependence in the $\mathit{NN}$ potential creates spurious poles in the scattering amplitude. In consequence the results are in conflict with empirical data over appreciable portions of the considered cutoff range. We also identify problems with the use of cutoffs greater than 1 GeV when momentum-dependent contact interactions are employed. These problems are ameliorated, but not eliminated, by the use of spectral-function regularization for the two-pion exchange part of the $\mathit{NN}$ potential.
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