The Republican nominee-in-waiting said that “there’s a lot you can do in terms of cutting” when pressed on CNBC about the solvency of Social Security, Medicare and Medicaid.
Presumptive Republican presidential nominee Donald Trump opened the door Monday to “cutting” spending under Social Security and Medicare, drawing swift pushback from President Joe Biden and elevating a key policy battle in the 2024 election.
Phoning into CNBC’s “Squawk Box,” Trump was pressed on how he plans to resolve the long-term solvency problems of Social Security, Medicare and Medicaid.
“So first of all, there is a lot you can do in terms of entitlements, in terms of cutting,” Trump responded. “And in terms of, also, the theft and the bad management of entitlements — tremendous bad management of entitlements — there’s tremendous amounts of things and numbers of things you can do.”
This is the best summary I could come up with:
Presumptive Republican presidential nominee Donald Trump opened the door Monday to “cutting” spending under Social Security and Medicare, drawing swift pushback from President Joe Biden and elevating a key policy battle in the 2024 election.
Phoning into CNBC’s “Squawk Box,” Trump was pressed on how he plans to resolve the long-term solvency problems of Social Security, Medicare and Medicaid.
A Trump campaign spokesman said he was referring only to “cutting waste and fraud,” but did not provide additional policy details on how he’d go about that or how much can be saved.
“If anyone tries to cut Social Security or Medicare, or raise the retirement age again, I will stop them,” Biden said during a speech Monday in New Hampshire.
“As the President just warned in his State of the Union address, Republican officials plan to cut Medicare and Social Security,” White House spokesman Andrew Bates said, adding that “today, in his budget, President Biden honors his ironclad commitment by firmly opposing benefit cuts to Medicare and Social Security.”
The budget further calls for “protecting and strengthening” Social Security by “asking the highest-income Americans to pay their fair share,” a White House fact sheet said.
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