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Yonnie3

(18,197 posts)
Sun Feb 26, 2017, 02:03 PM Feb 2017

Trump budget plan will not cut Social Security, Medicare: Mnuchin

U.S. President Donald Trump's first budget proposal will spare big social welfare programs such as Social Security and Medicare from any cuts, Treasury Secretary Steven Mnuchin said in an interview broadcast on Sunday.

Mnuchin said Trump would use a major policy speech to a joint session of Congress on Tuesday night to preview some elements of his sweeping plans to cut taxes for the middle class, simplify the tax system and make American companies more globally competitive with lower rates and changes to encourage U.S. manufacturing.


http://www.reuters.com/article/us-usa-trump-economy-idUSKBN1650LL

After hearing what Paul Ryan has said about Medicare and Social Security, I don't find Mnuchin's statement very reassuring. If he had said President Trump will veto any legislation that affects present and future Medicare or Social Security benefits I would feel a bit better.
13 replies = new reply since forum marked as read
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Trump budget plan will not cut Social Security, Medicare: Mnuchin (Original Post) Yonnie3 Feb 2017 OP
Can't believe anything ANY of them say, elleng Feb 2017 #1
I think that is a lie. Doreen Feb 2017 #2
I'm not so sure it's a lie. Yonnie3 Feb 2017 #4
Well, it seems like they are lying about a lot. Doreen Feb 2017 #7
I would call it bullcrap Yonnie3 Feb 2017 #9
Well, the dictator did say NOTHING is off the table. Doreen Feb 2017 #10
I don't beleive this for one second. GP6971 Feb 2017 #3
And they will only round up criminal illegal aliens mitch96 Feb 2017 #5
in any case the president's budget if of no consequences. drray23 Feb 2017 #6
It is possible they're getting a sense of just how many PoindexterOglethorpe Feb 2017 #8
VERY well said. CaliforniaPeggy Feb 2017 #12
Okay. I'll do that. PoindexterOglethorpe Feb 2017 #13
these people have been known to tell a whopper now and then... NRaleighLiberal Feb 2017 #11

elleng

(136,833 posts)
1. Can't believe anything ANY of them say,
Sun Feb 26, 2017, 02:06 PM
Feb 2017

but ryan's more of a concern to me as he's been on this track for a long time.

Yonnie3

(18,197 posts)
4. I'm not so sure it's a lie.
Sun Feb 26, 2017, 02:16 PM
Feb 2017

All he is saying is that it is not in Trump's "first budget proposal" so it could be true. As far as the final budget, I'm thinking there will be changes. My guess is they will hit the COLA and reduce benefits for those not yet on SS. I suspect higher co-pays and a later start for Medicare will happen. I don't think Medicare vouchers will be on this budget.

Doreen

(11,686 posts)
7. Well, it seems like they are lying about a lot.
Sun Feb 26, 2017, 02:26 PM
Feb 2017

We will just have to watch what they do but I trust them as much as I would be able to pick up Trump's tower and throw it into the sewer plant where it belongs.

Yonnie3

(18,197 posts)
9. I would call it bullcrap
Sun Feb 26, 2017, 02:34 PM
Feb 2017

I think the White House knows that Congress has been drooling at the prospect of cutting and/or privatizing these earned benefits. They know that this is the case, so them saying it is off the table is a bunch of crap, it is just not an outright lie.

mitch96

(14,767 posts)
5. And they will only round up criminal illegal aliens
Sun Feb 26, 2017, 02:17 PM
Feb 2017

A Huh... right.... And I 've got the bridge to sell ya....
m

drray23

(8,003 posts)
6. in any case the president's budget if of no consequences.
Sun Feb 26, 2017, 02:23 PM
Feb 2017

This is not what is being voted on. Budget appropriation bills brought up by congress is what matters.
The president Budget is just a guideline, a wishlist from the white house that congress can take into account when drafting the actual budget. It has always been like that. What we need to watch out for is what Ryan and his ilk will put out.

PoindexterOglethorpe

(26,842 posts)
8. It is possible they're getting a sense of just how many
Sun Feb 26, 2017, 02:29 PM
Feb 2017

seniors are out there, and how riled up we can get. They think the protests so far have been unpleasant. Just wait.

It's bad enough when the way the COLA is figured that we don't get an increase in SS. To even go back to the days when there was no COLA, before 1975, when the phrase "Living on a Fixed Income" was absolutely true. If they think they can actually cut SS they will discover just what an insurrection could look like.

SS was intended to be the third leg of a three-legged stool, the other two legs being a pension and savings. And each one of those legs should contribute about a third of an older person's income. For lots of reasons (and the disappearance of pensions is only part of the story) some very large number of seniors depend on SS for anywhere from half to all of their income. Which means those people are living pretty close to the edge.

A lot of those seniors vote, and a lot of them will let Congress know exactly what they think if any cuts are planned. A quick look at the SSA website shows that over 43 million people over the age of 65 receive SS. There are several million more disabled people receiving SS or SSI, and several million more under the age of 65 who took early retirement. I suspect that a noticeable percentage of those many millions would protest, march in the streets in their home cities and in DC. Many thousands would occupy their Representatives' and Senators' offices.

It's rarely a good idea to mess with old people.

CaliforniaPeggy

(152,451 posts)
12. VERY well said.
Sun Feb 26, 2017, 03:31 PM
Feb 2017

I strongly recommend that you post this as its own post in GD.

This needs to be broadcast far and wide.

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