The GOP Agenda: Slash Medicare, Medicaid & Social Security
A top economic adviser to President Donald Trump said on Monday he expects U.S. budget deficits of about 4 percent to 5 percent of the country’s economic output for the next one to two years, adding that there would likely be an effort in 2019 to cut spending on entitlement programs.
“We have to be tougher on spending,” White House economic adviser Larry Kudlow said in remarks to the Economic Club of New York, adding that government spending was the reason for the wider budget deficits, not the Republican-led tax cuts activated this year.
Every other day, a leading House Republican or a member of the Trump administration says that "entitlement reform" is on the agenda if the party holds Congress — "probably next year," said Larry Kudlow on Monday morning.
Not to put too fine a point on this, but we keep watching key GOP officials admit that they want to cut programs like Medicare and Social Security. Maybe the public should believe them.
From President Trump’s hand-picked Director of the National Economic Council Larry Kudlow to Vice President Mike Pence to House Speaker Paul Ryan, Republicans have made their goal obviously clear: add trillions to the deficit with the GOP tax scam for the rich, and then slash Medicare, Medicaid and Social Security families and seniors rely on.
Under the twisted GOP agenda, we can afford to give multi-billion dollar tax breaks to Big Pharma, but seniors struggling to make ends meet need to pay more for their health care. That is why Democrats are fighting For The People: lower health costs and prescription drug prices, raise worker’s wages, and clean up corruption to make Washington work for the American people.