Taxes cuts for the rich trashed the budget so now Trump considering slashing Medicare and Social Security as 'Second-Term
Project'
AFGE photo |
The New York Times reported this week that, with the
budget deficit set to surpass $1 trillion in 2020 thanks in large part to
Trump's tax cuts and trade war, Republicans and right-wing groups are
pressuring the president to take a sledgehammer to Social Security and
Medicare, widely popular programs Trump vowed not to touch during his 2016
campaign.
Sen.
John Barrasso (R-Wyo.) told the Times that
his party has discussed cutting Medicare and Social Security with Trump and
said the president has expressed openness to the idea.
"We've
brought it up with President Trump, who has talked about it being a second-term
project," said Barrasso.
Senator John Thune (R-S.D.), the number two Republican in the Senate, echoed Barrasso, saying it is "going to take presidential leadership to [cut Social Security and Medicare], and it's going to take courage by the Congress to make some hard votes. We can't keep kicking the can down the road."
"The Trump/GOP tax cuts for the wealthy will add over $1.5 trillion in debt," said the National Committee to Preserve Social Security and Medicare. "Now we know how they'll pay for those tax cuts, by cutting Social Security and Medicare."
According to the Washington Post, Trump has already
"instructed aides to prepare for sweeping budget cuts if he wins a second
term in the White House."
"Trump's
advisers say he will be better positioned to crack down on spending and shrink
or eliminate certain agencies after next year, particularly if Republicans
regain control of the House of Representatives," the Post reported last month.
The
president, despite his campaign promises, has included major cuts to Social
Security and Medicare in his budget proposals—while predictably demanding massive increases in Pentagon spending.
In
his budget blueprint for fiscal year 2020, as Common Dreams reported, Trump called for $845 billion in
cuts to Medicare and $25 billion in cuts to Social Security.
Sen.
Bernie Sanders (I-Vt.), a 2020 Democratic presidential candidate, tweetedThursday his belief that Trump will
not have a chance to carry out his "second-term project."
"Mr.
Trump, you are not going to have a second term," said Sanders.