[ad_1]
US President Donald Trump has pledged the “largest tax cuts in history” while assuring that Medicare and Social Security will remain untouched. Speaking at the Rose Garden, White House, as he announced the closely watched reciprocal tariffs on countries that impose levies on American goods, Trump emphasised his commitment to lowering the tax burden on Americans without affecting key social programs.”We are going to announce the largest tax cuts in history, and we will not cut Medicare, Social Security,” Trump stated.Further details on the proposed tax cuts, including specific reductions and eligibility criteria, are expected to be unveiled in the coming weeks.Elon Musk’s DOGE begins cost-cutting, sparks backlashDepartment of Government Efficiency (DOGE), headed by billionaire entrepreneur Elon Musk, has begun implementing aggressive cost-cutting measures across federal agencies. The initiative, aimed at reducing government spending, has already led to staff reductions and operational streamlining.Among the areas feeling the impact are major entitlement programs, including Social Security, Medicare, and Medicaid, raising concerns about potential future cuts. Critics argue that these reductions could hurt millions of Americans who rely on these benefits, while supporters claim the reforms are necessary to curb government waste.The cuts have sparked a growing backlash, with lawmakers and advocacy groups pushing back against any reductions that could affect retirees and low-income citizens. Despite the criticism, Musk and Trump’s administration maintain that DOGE will make the government more efficient without compromising essential services.Trump vows to protect Medicare & Medicaid as Republicans eye major cutsIn a February interview with Fox News, Donald Trump stated that he would not cut Medicaid, the federal-state health insurance program primarily serving low-income Americans. However, congressional Republicans are pushing for significant Medicaid cuts as part of their plan to extend tax reductions.“Medicare, Medicaid — none of that stuff is going to be touched,” Trump said in an interview. “We won’t have to.”While Trump has consistently vowed to protect Medicare, the public health program for seniors and individuals with disabilities, he has been more open to modifying Medicaid.The program has become the largest health insurance provider in the US, covering nearly half of all births and about two-thirds of nursing home stays. In 41 states that expanded Medicaid under the Affordable Care Act, it also provides coverage to millions of working-class Americans near the poverty line.
[ad_2]
Source link
HomeBlogOther TalentsDonald Trump makes a bold promise: ‘The largest tax cuts in history, with no cuts to Medicare or Social Security’ | Today News
Donald Trump makes a bold promise: ‘The largest tax cuts in history, with no cuts to Medicare or Social Security’ | Today News
April 2, 2025
Read next
Varun Dhawan and Natasha Dalal’s loved-up moments
February 19, 2024
[ad_1] Varun Dhawan and Natasha Dalal’s loved-up moments [ad_2] Source link
1 min read
15 views
Chris Martin reveals Coldplay plans to release only ‘12 proper albums’: It’s really important that we have that limit
October 1, 2024
[ad_1] Singer Chris Martin has shared that Coldplay will release a total of ’12 proper albums’ as a…
2 min read
4 views
Beyonce or Leah Remini? Fans question identity of Madame Tussauds wax statue
February 8, 2024
[ad_1] While some wax statues look like the exact replicas of people they are based on, some turn out to be the…
2 min read
189 views
Opinion | A Titanic Geopolitical Struggle Is Underway
January 28, 2024
[ad_1] This is no ordinary moment in world affairs. [ad_2] Source link
1 min read
74 views