Letter to the Editor
Social Security and Medicare
Sunday, March 8, 2020
In case you missed this.
—Trump said at a Fox News town hall forum that he was intending to reduce funding for Social Security and Medicare, two of the largest federal entitlement programs.
—"Oh, we'll be cutting," he said. "We're also going to have growth like you've never seen before." (Note: same was said about TCJA, passed two years ago but 2019 U.S. deficit rose 26% to $984 billion, highest in seven years).
—The move would be a reversal from Trump's pledge to leave those programs untouched in a second term.
—He previously expressed a willingness to reduce funding for Social Security and Medicare in a second term.
—President Trump said at a Fox News town hall forum that he intended to cut entitlement programs like Social Security and Medicare.
Trump was asked during the interview about the $23 trillion national debt, which has continued surging under his watch. He campaigned in 2016 on wiping it out but instead passed laws like the 2017 tax cuts, which piled more onto it.
At the town hall, Fox News host Martha MacCallum told the president that if "you don't cut something in entitlements, you will never really deal with the debt," and Trump immediately responded. "Oh, we'll be cutting," he said to the Scranton, Pennsylvania, audience.
By the way, since when is something you pay for with your own hard earned money considered an entitlement? You earned it! And, note that only people that get paychecks for actually doing work have to pay that 6% on their earned income. People that live off investments of non-earned income don’t and they also pay lower income tax rates. Since when do tax cuts for the rich/corporations take precedent over what you paid for your whole life? Your TCJA tax cuts expire in 2025. Business TCJA tax cuts from 35% to 21% are forever.
— Diane Smith, Spencer