[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
Leaked: Hrithik Roshan and Kiara Advani shoot romantic song for ‘War 2’ in Italy: video inside | Hindi Movie News – Times of India
September 24, 2024
[ad_1] The highly anticipated sequel ‘War 2‘ from YRF’s spy universe is generating excitement…
2 min read
11 views
Larry David’s Rule Book for How (Not) to Live in Society
April 5, 2024
[ad_1] Etiquette is a pact. In a functional society, it’s also an offering of goodness, decency, forbearance and…
3 min read
44 views
Sonakshi Sinha to tie the knot with Zaheer Iqbal on June 23 in Mumbai, reveals wedding invitation: Report | Hindi Movie News – Times of India
June 9, 2024
[ad_1] Sonakshi Sinha is gearing up for a new chapter in her life as she prepares to marry her longtime partner…
2 min read
9 views
Maharashtra CM Eknath Shinde calls gunfire outside Salman Khan’s house ‘UNFORTUNATE INCIDENT’; assures stringent action will be taken | – Times of India
April 14, 2024
[ad_1] Maharashtra Chief Minister Eknath Shinde in a statement to the media, termed the gunfire incident outside…
2 min read
3 views