Trump signals he's open to Social Security and Medicare cuts, despite promising during the last presidential campaign to leave the programs alone.
With his penchant for saying the quiet parts out loud and assuming no one is paying attention, President Trump on Wednesday opened the door to cutting Social Security and Medicare later this year.
The word came at the very end of an interview conducted by Joe Kernen of CNBC, in connection with Trump’s appearance at the World Economic Forum in Davos, Switzerland. Here’s how it unfolded, according to“PRESIDENT TRUMP: At some point they will be. We have tremendous growth. We’re going to have tremendous growth. This next year I — it’ll be toward the end of the year. The growth is going to be incredible. And at the right time, we will take a look at that.
What’s important is that Trump appears to be falling into lockstep with the more general Republican position that closing the federal deficit requires cutting back on Social Security, Medicare and other social safety net programs. Never mind that the deficit was opened into a gaping maw by the tax cut Trump signed in December 2017, which went mostly to corporations and the wealthy, the effect of which goosed economic growth for a short period but has faded.
Other commentators have underscored the conflict between Trump’s appearing open to tampering with Social Security and Medicare, and his promise during the last presidential campaign to leave those programs alone.
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