Social Security Cuts Being Discussed by Republicans
Feb 14, 2025 at 10:42 AM
"Republicans are publicly discussing the prospect of making cuts to mandatory spending programs, which could include programs like Social Security and Medicare.
Republican members of Congress are working on a major reconciliation bill that would renew or expand key elements of the 2017 Tax Cuts and Jobs Act, a landmark piece of legislation from Donald Trump's first presidency.
The TJCA, which lowered corporate, individual, and estate taxes, contains numerous provisions currently set to expire at the end of 2025. The Treasury Office of Tax Analysis estimates that extending these tax cuts could add up to $5 trillion.
West Virginia Representative Riley Moore confirmed that Republicans have been "discussing" cutting mandatory spending"that is Social Security, Medicare, Medicaid, and veterans benefits"in order to pass Trump's tax cut agenda.
Moore said "the unified government" has an opportunity "to actually address mandatory spending." Mandatory spending is the part of a government's budget that is legally required to be spent, and includes funding for entitlement programs like Medicare and Social Security and other payments to people, businesses, and state and local governments."
www.newsweek.com
More at the Link.... including previous quotes from Lil' Donnie and Lil' Mikey that these cuts would NEVER happen.
And Mandatory spending is Mandatory in part because people pay into SS their whole lives.
Well, except for Herr Musk, who stopped paying into SS when he got his new job as King.
But hey, he only gets 8 million dollars a day from the US Treasury, so no problem there.