[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
Priyanka Chopra and Katrina Kaif are unrecognisable in this THROWBACK post | – Times of India
May 15, 2024
[ad_1] Actress Priyanka Chopra surprised her fans with an epic blast from the past post that also featured…
2 min read
3 views
Milan Luthria shares why he was angry with Ajay Devgn while shooting ‘Kachche Dhaage’ | – Times of India
February 15, 2024
[ad_1] Director Milan Luthria and actor Ajay Devgn share a good bond as friends. The duo collaborated on…
2 min read
28 views
’Have faith, nothing will happen’: Mamata Banerjee says Waqf act won’t be implemented in West Bengal | Today News
April 9, 2025
[ad_1] Amid a notification in The Gazette of India announcing the Waqf (Amendment) Act, 2025, to come into force…
2 min read
3 views