Mitch McConnell Calls for Social Security, Medicare, Medicaid Cuts After Passing Tax Cuts, Massive Defense Spending
https://www.newsweek.com/deficit-bu...ecurity-medicaid-medicare-entitlement-1172941
Trump cut taxes with the promise wage increases and other factors would replace lost tax revenue. Didn't happen. The result is a huge and growing deficit.
According to Foghorn Leghorn, the reason for the deficit is..... "entitlements". First, never understood how SS is an "entitlement"...that's just bizarre as hell. Also, it's incredible the only way to address the deficit is to cut grandma's SS check and increase her medicare expenses on the heals of giving the super wealthy a great big 'ol tax wet kiss. WTF is wrong with these clowns?
From the article:
After instituting a $1.5 trillion tax cut and signing off on a $675 billion budget for the Department of Defense, Senate Majority Leader Mitch McConnell said Tuesday that the only way to lower the record-high federal deficit would be to cut entitlement programs like Medicare, Medicaid and Social Security.
"It's disappointing, but it's not a Republican problem," McConnell said of the deficit, which grew 17 percent to $779 billion in fiscal year 2018. McConnell explained to Bloomberg that "it's a bipartisan problem: Unwillingness to address the real drivers of the debt by doing anything to adjust those programs to the demographics of America in the future." The deficit has increased 77 percent since McConnell became majority leader in 2015.
https://www.newsweek.com/deficit-bu...ecurity-medicaid-medicare-entitlement-1172941
Trump cut taxes with the promise wage increases and other factors would replace lost tax revenue. Didn't happen. The result is a huge and growing deficit.
According to Foghorn Leghorn, the reason for the deficit is..... "entitlements". First, never understood how SS is an "entitlement"...that's just bizarre as hell. Also, it's incredible the only way to address the deficit is to cut grandma's SS check and increase her medicare expenses on the heals of giving the super wealthy a great big 'ol tax wet kiss. WTF is wrong with these clowns?
From the article:
After instituting a $1.5 trillion tax cut and signing off on a $675 billion budget for the Department of Defense, Senate Majority Leader Mitch McConnell said Tuesday that the only way to lower the record-high federal deficit would be to cut entitlement programs like Medicare, Medicaid and Social Security.
"It's disappointing, but it's not a Republican problem," McConnell said of the deficit, which grew 17 percent to $779 billion in fiscal year 2018. McConnell explained to Bloomberg that "it's a bipartisan problem: Unwillingness to address the real drivers of the debt by doing anything to adjust those programs to the demographics of America in the future." The deficit has increased 77 percent since McConnell became majority leader in 2015.