Share this @internewscast.com

WASHINGTON — When former President Donald Trump said last week on CNBC that “there’s a lot you can do in terms of entitlements, in terms of cutting,” it sparked an immediate outcry from President Joe Biden and began a battle over retirement programs that is likely to persist through the 2024 election.

Trump sought to clean it up, saying in an interview with the conservative website Breitbart, “I will never do anything that will jeopardize or hurt Social Security or Medicare.” Biden campaign spokesman James Singer accused Trump of trying to “trick voters,” saying, “Donald Trump tried cutting Social Security and Medicare by billions of dollars every single year he was in office.”

At the heart of the debate is the ticking clock: Actuaries say Medicare is solvent until 2028, while Social Security is solvent until 2033. After that, benefits will be forcibly cut unless more revenues are added. Biden’s new budget calls for tax hikes on upper earners to maintain the benefits. Trump hasn’t said how he would address the shortfall, leaving it an open question. His campaign didn’t elaborate when it was asked multiple times to comment.

So what is Trump’s real record on Social Security and Medicare?

An NBC News examination found that his views have zigzagged over the years — from calling Social Security a “Ponzi scheme” in 2000 to endorsing GOP Rep. Paul Ryan’s plans to restructure Medicare in 2012 to positioning himself as the protector of those programs in 2016 to taking aim at some retirement spending in his White House budgets (which never became law).

Before Trump’s presidency

In a 2000 book he co-wrote called “The America We Deserve,” Trump called Social Security a “huge Ponzi scheme” that American workers are forced to pay into. He added that for future retirees under 40 at the time, “we can also raise the age for receipt of full Social Security benefits to seventy,” because “we’re living longer.”

In December 2004, just before a Republican push to partially privatize the program, Trump was asked on MSNBC’s “Hardball” whether he’d support individual retirement accounts and answered: “I sort of think I would. Something has to be done. Social Security is a huge problem right now, funding it.”

In 2012, Trump praised proposals by Ryan, then the Republican vice presidential nominee, to convert Medicare into a “premium support” system that would cap spending for future retirees and give them vouchers to buy insurance plans.

“I think Paul Ryan and Mitt Romney will save Medicare. I know they will. And people are starting to understand it. They’re going to be very happy with what’s going on, but they’re going to be very, very unhappy if Obama gets in,” Trump told Fox News at the time, reflecting on the 2012 presidential race. “I think actually if Obama gets in and if Obamacare isn’t ended, I really think Medicare will be a thing of the past.” (President Barack Obama ran against the Ryan plan and won re-election; seven years after he left office, Obamacare and Medicare still exist.)

By 2015, when Trump ran for president, he sought to position himself in the Republican field as the rare candidate who wouldn’t cut those programs. “I’m not going to cut Social Security like every other Republican, and I’m not going to cut Medicare or Medicaid,” he said as he was launching his campaign.

Trump’s White House record

The Biden campaign’s claim that Trump sought to cut spending under Social Security and Medicare in office has merit, but it omits some key context.

Trump’s fiscal 2021 budget endorsed Social Security cuts to the tune of billions of dollars for disabled seniors. His budget would have made changes to Social Security Disability Insurance, slashing the maximum amount of retroactive benefits for disabled workers from 12 months to six. According to the liberal Center on Budget and Policy Priorities, that could lead to a $7,500 average cut for a worker injured in a car crash. The budget also called for reducing Supplemental Security Income benefits for those who live with other SSI recipients.

When it comes to Medicare, Trump’s White House budgets didn’t call for benefit cuts. His fiscal 2020 blueprint called for Medicare changes to lower payments to providers and suppliers through new incentives and a lower inflation benchmark. Biden and Democrats embraced the same types of “cuts” under Obamacare, which extended the solvency of Medicare by lowering payments to hospitals and insurers, in exchange for more customers.

Trump’s budgets also put an emphasis on saving money by cutting waste and fraud, but they were vague about how. Still, he never pushed Congress to act, and his plans didn’t become law.

As president, Trump also signaled, when asked, that he’d be open to changing or “cutting” the programs in a second term.

Asked on CNBC in January 2020 whether entitlements would ever “be on your plate,” he said, “At some point they will be.” He added: “At the right time, we will take a look at that. You know, that’s actually the easiest of all things.”

He didn’t get specific.

At a March 2020 Fox News town hall, pressed about the need to cut “entitlements” to reduce the debt, Trump responded: “Oh, we’ll be cutting, but we’re also going to have growth like you’ve never had before.”

On Medicaid, however, Trump quickly abandoned his promise to oppose benefit cuts. He made a vigorous push to repeal Obamacare in 2017, which would have rolled back Medicaid coverage for millions of people. The repeal push fell short in Congress, and Trump recently revived his calls to “terminate” Obamacare.

Trump’s 2024 campaign

Running for a second term, Trump picked up where he began in 2016, attacking Republican primary rivals like Florida Gov. Ron DeSantis and former South Carolina Gov. Nikki Haley for having supported cuts in retirement benefits. But he hasn’t laid out his own 2024 plan or given any indication that he’d break from GOP orthodoxy by raising taxes to finance the programs.

A Trump campaign spokesperson didn’t directly respond when asked to explain how he would keep Social Security and Medicare solvent or whether new tax revenues would be on the table for him to prevent benefit cuts.

On CNBC last week, Trump said there’s “tremendous bad management of entitlements” and “tremendous amounts of things and numbers of things you can do,” without specifying them.

In a statement walking back his openness to “cutting” the programs, the Trump campaign’s national press secretary, Karoline Leavitt, said Biden is the “only candidate” who threatens them, claiming that “millions of illegal aliens” in the U.S. will cause “Social Security and Medicare to buckle and collapse.” She said Trump will “quickly rebuild the greatest economy in history and put Social Security and Medicare on a stronger footing for generations to come.”

However, immigrants who are in the country illegally aren’t eligible for Social Security and Medicare benefits. The Social Security actuary has said unauthorized workers have “a positive effect on the financial status of the Social Security program.” In 2010, for instance, it estimated they delivered a net surplus of $12 billion in tax revenues into the program.

Share this @internewscast.com
You May Also Like
Virginia homeowner charged with murder after shooting high school teen during attempted break-in, sheriff says

Virginia Resident Faces Murder Charges for Shooting Teen During Alleged Break-In, According to Sheriff

A man from Virginia has been charged with murder after authorities claim…
Viral video shows Frontier Airlines reps' airport meltdown that left passenger stunned

Frontier Airlines Representatives Have Meltdown at Airport, Leaving Passenger Shocked in Viral Video

Chaos unfolded at Raleigh-Durham International Airport in North Carolina when two Frontiers…
An image collage containing 1 images, Image 1 shows Photo of Jason Corbett and a woman at a formal event

Unraveling the Tragic Tale of Jason Corbett: Inside the Fatal American Marriage

JASON Corbett was killed by his wife Molly Martens and her father…
Illustration of Joe Exotic and another man in tuxedos at a wedding.

Joe Exotic Reveals Shocking $5 Million Secret as He Races Against Time to Stop Husband’s Deportation by Donald Trump

TIGER King star Joe Exotic has revealed he is confident he can…
Flight attendant holding a tray with a glass of champagne.

Airline Issues Apology for Accidentally Giving Wine to 3-Year-Old in Business Class

An airline has issued an apology after mistakenly giving wine to a…
Judge to hear arguments over whether LA prosecutor should be kicked off Menendez case

Arguments to be Heard on Potential Removal of LA Prosecutor from Menendez Case

LOS ANGELES (AP) — On Friday, lawyers representing Erik and Lyle Menendez,…
Fox News contributor fainting on air.

Fox News Contributor Camryn Kinsey’s On-air Collapse Leaves Anchor in Shock

FOX News contributor Camryn Kinsey sparked concern among viewers after collapsing live…
Has there ever been a pope from the United States?

Has a Pope Ever Been Appointed from the United States?

Although any baptized Catholic man is technically eligible to be the pope,…
Trump and Kemp Strategize for Georgia Senate Race—Here’s What’s at Stake in 2026

Trump and Kemp Plan for Georgia’s 2026 Senate Race—Key Issues on the Horizon

While the 2026 midterm elections may seem distant, the contest for Georgia’s…
Chicago police shooting in Hammond, Indiana leaves suspect dead after car crash near Dearborn Avenue and Gostlin Street: CPD

Suspect Killed by Chicago Police in Hammond, Indiana Following Car Crash at Dearborn Ave & Gostlin St: CPD Reports

HAMMOND, Ind. (WLS) — Chicago police shot and killed an aggravated battery…
Chicago chef Felix Zepeda of Rosca collaborates with Pilsen panadería to sell bagels with Mexican twist; for sell at

Chicago’s Rosca Chef, Felix Zepeda, Teams Up with Pilsen Panadería to Launch Mexican-Infused Bagels for Sale

CHICAGO (WLS) — Like Chicago, Rosca is a melting pot of flavors…
FHP: 4 arrested in connection to several burglaries in St. Johns County

4 Suspects Arrested for Multiple Burglaries in St. Johns County

The four who were arrested are a 26-year-old woman, a 21-year-old man…