The president once promised he wouldn’t be “like every other Republican” who wanted to cut Medicaid, Medicare and Social Security.

President Donald Trump said he’s considering making changes to social safety net programs like Social Security and Medicare “toward the end of the year,” suggesting he is open to the cuts long pushed by conservatives.

Trump’s comments to CNBC on Wednesday at the World Economic Forum in Davos, Switzerland, are a change from his past promises to Americans that he would leave those programs untouched, although his administration has pushed to downsize them. Given the enormous popularity of the programs, even hinting at entitlement cuts is typically the third rail of politics, particularly in an election year. Democrats have warned that Trump might do more to decrease the social safety net, and he just confirmed they’re right.

Jack Burt

Inverness

(13) comments

Miuke Nelson

This is a bit off topic, but it needs attention: "President Donald Trump on Tuesday said the military will likely look at disciplinary action against Lt. Col. Alexander Vindman, just days after the National Security Council official was ousted from the White House after giving damaging testimony during the House impeachment hearings."

This scares the he double L out of me. If this happens, it is time to take to the streets.

“That’s going to be up to the military, we’ll have to see, but if you look at what happened, they’re going to certainly, I would imagine, take a look at that,” Trump said in response to a follow-up question about what he meant when he said, “the military can handle him.”

Trump also said he wasn’t “happy” with Vindman and his twin brother Yevgeny, who served as a senior NSC lawyer and was also recalled on Friday despite not being a witness in the president’s impeachment hearings.

lancel44

Trump Budget to Propose 'Savage' Cuts to Medicare, Medicaid, and Social Security While Hiking Pentagon and Wall Funds

"This budget is Trump's pledge that as long as he stays in office, slashing Social Security, Medicaid, and whatever's left of SNAP will remain a White House priority.""The budget reportedly includes destructive changes to Medicaid, SNAP, Social Security, and other assistance programs that help Americans make ends meet—all while extending his tax cuts for millionaires and wealthy corporations." The president's plan, according to the Wall Street Journal, calls for hiking America's already outlandish military spending to $740.5 billion in FY2021 and pouring $2 billion more into the construction of a wall along the U.S.-Mexico border.

Meanwhile, Trump's budget would enact punishing cuts to Medicaid, food stamps, and other crucial safety net programs.

"The White House proposes to cut spending by $4.4 trillion over a decade," the Journal reported Sunday. "Of that, it targets $2 trillion in savings from mandatory spending programs, including $130 billion from changes to Medicare prescription-drug pricing, $292 billion from safety-net cuts—such as work requirements for Medicaid and food stamps—and $70 billion from tightening eligibility access to federal disability benefits."

Rep. John Yarmuth (D-Ky.), chairman of the House Budget Committee, issued a statement late Sunday condemning Trump's forthcoming budget proposal as "destructive and irrational."

"The budget reportedly includes destructive changes to Medicaid, SNAP, Social Security, and other assistance programs that help Americans make ends meet—all while extending his tax cuts for millionaires and wealthy corporations," said Yarmuth. "Congress will stand firm against this president's broken promises and his disregard for the human cost of his destructive policies."

Bobby Kogan, chief mathematician for the Senate Budget Committee, echoed Yarmuth on Twitter, calling the FY2021 blueprint "enormously cruel."

"Less than a week after promising to protect families' healthcare in his State of the Union address, the president is now brazenly inflicting savage multi-billion-dollar cuts to Medicare and Medicaid."

—House Speaker Nancy Pelosi

On top of the steep safety net cuts, Trump's budget proposal would also slash the Environmental Protection Agency budget by 27%, the Housing and Urban Development budget by 15%, and the Centers for Disease Control and Prevention budget by 9%—even amid the deadly coronavirus outbreak.

Warnings that Trump has Social Security and Medicare in his crosshairs intensified last month when the president told CNBC in an interview at Davos that he is "going to look" at slashing Medicare and Social Security should he win reelection in 2020.

After 2020 Democrats and others seized upon Trump's comments as further evidence that his 2016 campaign vow to protect Social Security and Medicare was a lie, the president has since claimed he is attempting to "save" the programs.

"We will not be touching your Social Security or Medicare in Fiscal 2021 Budget," Trump tweeted Saturday. "Only the Democrats will destroy them by destroying our Country's greatest ever Economy!"

In a statement responding to the reported details of Trump's FY2021 budget, House Speaker Nancy Pelosi (D-Calif.) on Sunday said "once again the president is showing just how little he values the good health, financial security, and well-being of hard-working American families."

"Year after year, President Trump's budgets have sought to inflict devastating cuts to critical lifelines that millions of Americans rely on," said Pelosi. "Less than a week after promising to protect families' healthcare in his State of the Union address, the president is now brazenly inflicting savage multi-billion-dollar cuts to Medicare and Medicaid—at the same time that he is fighting in federal court to destroy protections for people with pre-existing conditions and dismantle every other protection and benefit of the Affordable Care Act."

n top of the steep safety net cuts, Trump's budget proposal would also slash the Environmental Protection Agency budget by 27%, the Housing and Urban Development budget by 15%, and the Centers for Disease Control and Prevention budget by 9%—even amid the deadly coronavirus outbreak.

Warnings that Trump has Social Security and Medicare in his crosshairs intensified last month when the president told CNBC in an interview at Davos that he is "going to look" at slashing Medicare and Social Security should he win reelection in 2020.

After 2020 Democrats and others seized upon Trump's comments as further evidence that his 2016 campaign vow to protect Social Security and Medicare was a lie, the president has since claimed he is attempting to "save" the programs.

Bell-Man

Trump and McConnell are already trying to make cuts to social security in order to pay for the tax cuts to the top 1 % and corporations and I don't want to see future retiree's to have to bare that burden either. The solution is real simple elect a Democrat and raise the cap. Millionaires only pay 1/100th of their pay towards social security while working people pay 6.2% I can't wait until they start cutting or eliminating the S.S. increases in older workers checks. Well see how they feel about Trump then. Trump knows he is in trouble, that's why he is starting to make promises about a tax cut to working class people but it will probably happen AFTER the election. In other words he is trying to bribe you.

DAYSTO

And the Clown continues to lead all of the followers down that dark path because they fear breaking away from his bullying.....Gee, we are back on that wall again.... next will be immigrants. Same tune, same Clown!

alflorida

If President Trump is reelected to a second term, would he aim to resolve Social Security's financial shortcomings by cutting benefits?

Obviously, there is no concrete yes or no answer here, given all the variables that we just don't know yet. We don't know if Trump will be elected to a second term as president, and we don't know with any certainty what he'd do about Social Security if he was. But we do have plenty of clues that suggest what The Donald's game plan would be if he remained in the Oval Office until January 2025.

However, before we dig into these clues, I think it's important to understand exactly what's meant by "cutting Social Security benefits." Cutting benefits does not mean taking the metaphorical scissors and suddenly paying everyone less across the board. Only a very small fraction of Americans would stand behind such a measure, and no politician in their right mind would propose such an idea.

Rather, "cutting benefits" involves a methodical and gradual reduction in lifetime payouts from the program.

As an example, Republicans have long favored the idea of gradually raising the full retirement age as a means of resolving Social Security's long-term cash shortfall. Your full retirement age is the age at which you become eligible to receive 100% of your monthly payout, as determined by your birth year; it's currently set to peak at age 67 for those born in 1960 or later. Certain members of the GOP, though, have suggested gradually raising the full retirement age to 70.

If that happened, current and near-term retirees would see absolutely no change in their monthly payout or lifetime collection. However, future retirees (millennials, for example) would need to either wait longer to receive their full payouts, or accept a steeper reduction to their monthly benefits by claiming early. No matter what their choice, the lifetime benefits collected by future retirees would be reduced, thereby saving the program money over the long run. This is what "cutting benefits" is all about. - The Motley Fool

Ssabmud

"...no politician in their right mind would propose such an idea." Kind of says it all about Trump's state of mind. He will do it. Count on it.

Bell-Man

The whole idea of raising the retirement age is a myth started by the republicans. Unless you are a doctor, lawyer, accountant or something that doesn't require physical activity you will not be able to work into your 70's unless you want to be a Walmart greeter. The republicans don't want to raise the wage cap on S.S. because it would cost themselves money and the top 1 % would pay more.

Ssabmud

Who needs affordable public transportation. Trump promised that he would put a Lexus in every driveway and they believed him. Sad, they are still sitting around waiting for their Lexus.

CitrusCo Citizen

Since Trump has now been given the freedom and privilege to be ABOVE the law, anything is fair game and possible. He will continue to enrich the rich and bring down the poor and slander anyone who dares to complain. He can do anything he wants to do now and nothing and no-one can stop him.

Ssabmud

Of course he is going to cut Social Security and Medicare. We all know that. Even his minions realize that but they are so caught up in the cult that they can't back out.

CitrusCo Citizen

You're right Ssabmud. They will still vote for The Golden Calf even though their Medicaid, Medicare, food stamps, and Social Security benefits will be reduced. They won't even care because they adore their "god" so much and are willing to tighten their belts and do without their safety nets. They hear no evil, see no evil, speak no evil even as their bank accounts shrink.

CitrusCo Citizen

In this evening's news summary: Trump's budget plan includes deep cuts to student loan assistance, affordable housing, food stamps and Medicaid, and slash the E.P.A. Add funds to the military, national defense and border enforcement. But apparently, he then wants to move funds from the military and national defense to pay for his Wall. So the poor will get poorer, the water and air will get more toxic, and people will get sicker, the military will get weaker and The Wall will get longer. No suprises there!

CitrusCo Citizen

Just learned today that Trump is also cutting railroads, which are the most affordable, safe, non-polluting-low carbon, way to get around Florida and other states. With light-rail in major cities like Orlando, Tampa, JAX and Miami, people could avoid traffic, smog, dangerous drivers, no parking issues, car maintenance, stress, etc. etc. etc. by hopping on a train. Tourists, after a long plane flight, would much rather take a train from the airport to their destinations than go through expensive car rental hassles. Florida is WAY behind other states in affordable public transportation, like light rail, yet the very people who need and would benefit from railroads are those who voted for Trump! Go figure.

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