Republicans Want To Slash Social Security And Medicare To Pay For Tax Bill They Voted For
Republicans are getting ready to stuff their pockets with money that belongs to the working class in America. A new report revealed on Tuesday that Republicans who voted the trillion dollar Trump tax bill are now wanting to slash Medicare and Social Security to pay for it.
Rep. Steve Stivers (R-OH) urged on Sunday for an entitlement reform as the deficit continues to balloon as a result of the GOP tax cuts.
“I do think we need to deal with some of our spending,” Stivers said. “We’ve got try to figure out how to spend less.”
Strivers was a big critic of the Obama administration, blaming the national debt on them. But, despite his criticism over the increasing deficit, he still voted in favor of Trump’s tax bill.
In his interview with CNBC, Stivers admitted this as well saying, “I don’t think that tax cuts, themselves, can grow the economy for 20 or 30 years.”
But the tax bill won’t pay for itself. Republicans are now looking to gut health care programs and social security to pay for it.
House Speaker Paul Ryan (R-WI) said outright last year that Medicare and Medicaid were his next targets for 2018 after introducing the tax bill.
“We’re going to have to get back next year at entitlement reform, which is how you tackle the debt and the deficit,” Ryan said during December appearance on Ross Kaminsky’s talk radio show. “…Frankly, it’s the health care entitlements that are the big drivers of our debt, so we spend more time on the health care entitlements — because that’s really where the problem lies, fiscally speaking.”
Sen. Pat Toomey (R-PA) was questioned last year by CNN’s Jake Tapper how could he support the tax bill while also advocating cuts to Medicare and Medicaid.
“We’ve got entitlement spending that is not sustainable,” Toomey replied. “These big spending programs that are growing faster than the economy. You can’t tax your way out of that problem. You’ve got to make some curbs.”
Sen. John Thune (R-SD) said last year that Congress needed to consider making cuts to government spending in order to lower the deficit from the tax bill.
“If we’re going to do something about spending and debt, we have to get faster growth in the economy — which I hope tax reform will achieve. But we have also got to take on making our entitlement programs more sustainable,” Thune said. “I think there is support, generally, here for entitlement reform.”
Rep. Tom Cole (R-OK) claimed that the American public should be more concerned Medicare and Social Security rather than the huge handouts Republicans are giving to the wealthiest people in the country.
“If someone wants to get serious about the debt, come talk to me about entitlements,” he explained. “Tax cuts produce growth, entitlement spending doesn’t.”