Trump Gang Plans On Stripping Entitlements To Pay For Tax Cuts

by Michael John Scott

Trump’s White House has proposed cutting $1.7 trillion from entitlement programs in the federal budget. That’s $1.7 trillion with a “T” and the move comes after Republicans passed a tax cut law that is expected to strip $1.5 billion from federal coffers.

In light of this troubling news, Americans should say goodbye to social security, Medicare, and Medicaid as we know it.  No point looking to Congress to help, because as long as the Republicans control both houses Trump is immune.

Bloomberg editor Alex Wayne reported on Monday that his publication had received confirmation that “Trump’s fiscal 2019 budget proposes $1.7 trillion in entitlement cuts over a decade.”

Related: How Republicans Are Planning a Sneak Attack on Social Security

Wayne noted that $237 billion in Medicare cuts are included in the plan.
The proposed budget comes just months after President Donald Trump signed a Republican-backed tax cut law that experts say will cost the country $1.5 trillion in revenue.

“The bill is heavily weighted toward business, which would receive about $1 trillion in net cuts, or two-thirds of the total, according to calculations by the Joint Committee on Taxation,” The New York Times said of the tax bill last year. “At its center is a proposal to permanently cut the corporate tax rate to 20 percent from 35 percent — a change that is estimated to reduce federal revenues by $1.5 trillion over the next decade alone.”

For its part, the Trump administration has disputed the cost of the tax cut law by insisting that lost revenue would be made up by growth in the economy.  They’re lying of course because that’s what they do.

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Posted by on February 12, 2018. Filed under NEWS I FIND INTERESTING. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry
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2 Responses to Trump Gang Plans On Stripping Entitlements To Pay For Tax Cuts

  1. jess Reply

    February 12, 2018 at 7:45 pm

    Let’s see how well that goes down. Commander cuckoo bananas tried this and was brutally rebuffed. I imagine it will be the same thing this time. People love Medicare, Medicaid etc because they are programs that work.

    • Michael John Scott Reply

      February 12, 2018 at 7:57 pm

      Entitlements are the third rail of politics, and those idiot Republicans should know that. Trump, however, doesn’t because he’s the chief idiot in charge of all fucking idiots in America the free.

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