New Market Perspective
  • Business
  • Politics
  • Investing
  • World
  • Business
  • Politics
  • Investing
  • World

New Market Perspective

Politics

Trump says public entitlements like Social Security, Medicaid won’t be touched in GOP budget bill

by admin May 1, 2025
May 1, 2025
Trump says public entitlements like Social Security, Medicaid won’t be touched in GOP budget bill

President Donald Trump said public entitlements, such as Social Security and Medicaid, will not be touched in the GOP’s contentious new budget bill currently working its way through Congress, during a town hall Tuesday night hosted by NewsNation.

Earlier this month, the Republican-led House of Representatives approved $2 trillion in spending cuts. Those cuts did not include any slashes to Social Security, but it did pave the way for cuts to Medicaid. 

However, in the Senate, Republicans have proposed implementing just $4 billion in cuts, a fraction of what House Republicans have called for. Meanwhile, a number of GOP senators have also expressed hesitancy over making cuts to Medicaid, setting up a potential intra-party battle over the matter.

‘We’re not doing anything with entitlements,’ Trump told NewsNation’s Chris Cuomo, who was moderating the event alongside Bill O’Reilly and sports commentator Stephen A. Smith.

‘If you look at Social Security – and by the way – I think I’m better to say this than anybody, because I did nothing with entitlements that would hurt people for four years. I could have done that. If I was going to do that, I would have done it, five years ago, six years ago or seven years ago. I’m not doing anything.’ 

However, Trump did say that he is undeterred from reforming public entitlements, like Medicaid, to ensure they are free of waste, fraud and abuse. 

‘There are a lot of illegal aliens that are getting Medicaid that shouldn’t be getting it. And nobody objects to taking people off Medicaid that aren’t allowed to be there,’ Trump added. ‘But we are doing absolutely nothing to hurt Medicare, Medicaid or Social Security. Nothing at all.’

Republicans, who are using a process known as reconciliation to bypass a senate filibuster, are hoping to finalize their plans for a new budget by Memorial Day, according to media reports. However, the GOP must come to a deal on where to cut funding to pay for many of the tax cuts they want to provide. 

‘Guess what, boys? It’s game time. We’re here, and you’ve got mandatory spending sitting in front of you, and it’s Medicaid,’ Rep. Chip Roy, R-Texas, told NBC News this week. ‘If they’re not going to vote for Medicaid reform, which is very much possible, and frankly, it’s our duty, then I want them to explain to me why they are for allowing the tax cuts to snap back in place. Because it’s the only math that will actually work. So anyone who is against Medicaid reform is for a tax increase.’

Meanwhile, centrist Republicans like Reps. Jeff Van Drew, R-N.J., and Don Bacon, R-Neb., have indicated to Speaker Mike Johnson that they will not vote for any GOP budget bill that proposes deep cuts to Medicaid.

This post appeared first on FOX NEWS

0
FacebookTwitterGoogle +Pinterest
previous post
When it comes to ID, it’s time to get REAL
next post
President Trump reveals what he told Zelenskyy during viral meeting at the Vatican

Related Posts

‘Squad’ member calls Netanyahu a ‘genocidal maniac,’ sparking...

October 15, 2024

Taiwan FM hails importance of US relationship, says...

January 10, 2025

House Republicans brace for spring legislative sprint with...

April 29, 2024

Harris’ off-putting manner put Zelenskyy on defensive ahead...

October 15, 2024

Trump, Prince William sit down for meeting in...

December 8, 2024

5 terrifying flashpoints that could ignite global war

June 9, 2025

Trump suggests White House as venue for debate...

April 27, 2024

GOP senators demand the FBI ‘repair the damage’...

February 2, 2024

Trump says 80% tariff on China ‘seems right’...

May 10, 2025

Trump joins TikTok, the app he once tried...

June 3, 2024

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Latest

    • Nigerian university sparks outrage as staff check whether female students are wearing bras before exams

      June 20, 2025
    • Iran watches decades-old red lines vanish from view, but Trump still faces a huge risk

      June 20, 2025
    • ‘It feels like a missile is following me’: Iranians say daily life filled with fear and distrust

      June 20, 2025
    • Chinese student who drugged and raped 10 women in UK and China sentenced to life in prison

      June 20, 2025
    • 70 rhinos reared at controversial captive breeding farm set free in Rwanda

      June 20, 2025
    • Western diplomats welcome two-week breather to ‘explore what is possible’ on Iran’s nuclear program

      June 20, 2025

    Popular

    • 1

      10 Top Oil-producing Countries (Updated 2024)

      October 19, 2024
    • 2

      Powered by rain, this seed carrier could help reforest the most remote areas

      December 19, 2023
    • 3

      A troubling theory about traders profiting from Hamas’ attack on Israel drew much attention. Why it may not be so simple.

      December 13, 2023
    • 4

      Americans are starting to feel better about the economy and inflation

      December 13, 2023
    • 5

      Top 10 Uranium-producing Countries (Updated 2024)

      April 18, 2024
    • 6

      Rare Earths Stocks: 8 Biggest Companies in 2024

      January 12, 2024
    • 7

      Investing in Graphene Companies

      May 9, 2024

    Categories

    • Business (1,375)
    • Investing (3,351)
    • Politics (4,381)
    • World (4,313)
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: newmarketperspective.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.


    Copyright © 2025 newmarketperspective.com | All Rights Reserved