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United States News
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Title: Trump tells Republicans he may begin cutting social security and Medicare if he wins in 2020
Source: From The Trenches/Yahoo
URL Source: https://fromthetrenchesworldreport. ... care-if-he-wins-in-2020/253056
Published: Aug 23, 2019
Author: Yahoo
Post Date: 2019-08-23 16:05:12 by Deckard
Keywords: None
Views: 2021
Comments: 9

Yahoo News

Republicans on Capitol Hill say Donald Trump may be willing to cut Social Security and Medicare if he wins in 2020, reportedly describing the potential move as a “second-term project”.

Several senators told the New York Times in a report published this week they spoke to the president about reducing the costs of the federal health care and retirement programs — a move that would likely stir controversy in a presidential election season. 

Republicans have said cutting both programs is crucial to reducing the nation’s deficit, which has ballooned under Mr Trump thanks, in part, to the GOP tax bill passed in 2017.

Senator John Barrasso, a Republican from Wyoming, described the process of cutting the costs of social security and medicare to the New York Times as “best done during divided government”.

“We’ve brought it up with President Trump,” he added, “who has talked about out it being a second-term project.”

Senator John Thune, a Republican from South Dakota, also told the newspaper that reducing the costs of the federal programs would required “presidential leadership” and “courage by the Congress to make some hard votes”.

“We can’t keep kicking the can down the road,” he said, adding: “I hope in a second term, [Mr Trump] is interested. With his leadership, I think we could start dealing with that crisis. And it is a crisis.”

Mr Trump won in 2016 by claiming, among other things, that he would be able to entirely wipe away the US national debt of more than $19tn in an eight-year period.

He also repeatedly vowed not to make extensive cuts to the popular programs, even as other Republicans were saying reducing their costs would be crucial to lowering the debt.

“I’m not going to cut Social Security like every other Republican and I’m not going to cut Medicare or Medicaid,” Mr Trump reportedly said at the time.

Senator David Perdue, a Republican from Georgia, told the paper “it probably takes a second-term president” to begin working on the issue, adding: “It’s politically difficult to say you’re going to save Social Security, because most people think, well that means cutting benefits.”

Democrats have also expressed concern over the mounting debt, including Senator Jon Tester, a Democrat from Montana who told the New York Times: “It’s just not financially sustainable at all.”

https://www.yahoo.com/news/trump-tells-republicans-may-begin-162457862.html


Poster Comment:

Comment from the site:

ITS NOT “YOUR MONEY” TO CUT YOU SON OF A BITCH.

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#1. To: Deckard (#0)

" Comment from the site:

ITS NOT “YOUR MONEY” TO CUT YOU SON OF A BITCH. "

AGREE !!!!

Before they cut benefits going to the people that paid into SOC, there are many other things to cut FIRST !!!

First cut all expenditures that are NOT specifically authorized by the US Constitution, such as Foreign Aid, paying benefits to people that never paid into SOC, illegal aliens, paying for abortions, etc, etc, etc !!!! And quit dipping into SOC for general expenditures. If they are spending more than they take in, THEN CUT SPENDING !!!! Cut congressional salaries, retirement benefits, make congress pay for their medical like everybody else, etc, etc, etc !!!!!

Stoner  posted on  2019-08-24   0:09:43 ET  Reply   Untrace   Trace   Private Reply  


#3. To: Stoner (#1)

Before they cut benefits going to the people that paid into SOC, there are many other things to cut FIRST !!!

Well, SS is a pay-as-you-go system. You get money from the general treasury, not from some imaginary account where the money that you paid in is set aside, waiting for you to use it.

No matter what, you can kiss SS goodbye as soon as you pay into it because you'll never get it back other if you qualify to become a welfare recipient. People who receive these payments are receiving welfare, not a pension. And that has always been the case from the inception of SS and Medicare.

SS and Medicare are welfare programs, nothing more. These programs are redistribution from the productive private sector to welfare recipients.

Allowing - or even encouraging - the public to see these programs as some kind of pension or entitlement is a big part of why the costs are out of control and the programs themselves are doomed if Big Gov can't rein in their costs to the productive sectors of the economy.

Tooconservative  posted on  2019-08-24   1:59:53 ET  Reply   Untrace   Trace   Private Reply  


#4. To: Tooconservative (#3)

Allowing - or even encouraging - the public to see these programs as some kind of pension or entitlement is

Hey, I paid INTO that goddam Social Security my entire fucking goddam life... Now that I'm retired, I AM entitled to get what the goddam government promised me... And if fucking Donald Trump says he's gonna slash my benefits, then he can go suck my big fat hairy cock...

Willie Green  posted on  2019-08-24   9:03:38 ET  Reply   Untrace   Trace   Private Reply  


#5. To: Willie Green (#4)

Hey, I paid INTO that goddam Social Security my entire fucking goddam life...

You paid for others to receive those benefits. By the time you file for welfare (social security), you are a dependent person. You also have no recourse to demand higher cost of living adjustments or to demand a stable currency so the government doesn't just inflate its way out of your debts.

The feds do have a lot of incentives to inflate the currency to keep the welfare payments low enough that they don't gobble up the entire economy. As social security and Medicare costs continue to rise, you can expect that the government will rely on inflation as a way of evading any legal obligation to provide you with an inflation-adjusted welfare payment.

If the feds decide to devalue the dollar to half its current value, that will be good for tourism and exports. And it will be bad for retirees on fixed incomes. Since they won't raise the SS ceiling or means-test recipients or raise the retirement age, the fund is insolvent. The path of least resistance will be to inflate the currency to make the program(s) more affordable.

Tooconservative  posted on  2019-08-24   11:36:45 ET  Reply   Untrace   Trace   Private Reply  


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