On Wednesday, President Trump admitted that, if elected to a second term, he will seek to cut the budgets for vital entitlement programs like Medicare, Social Security and Medicaid — which millions of Americans rely upon every day.
When asked in an interview with CNBC if he would consider budget cuts to programs like Medicare, President Trump sharply answered yes. “At some point they will be,” Trump said. “At the right time, we will take a look at that.”
According to a review by American Ledger, President Trump’s desire to cut these programs is nothing new. Over 10 years President Trump’s most recent budget would cut Medicare spending by $845 billion, including cuts to prescription drug coverage, hospital reimbursements, and by reclassifying spending away from Medicare. President Trump also placed a bullseye on Medicaid, his proposed budget could cut the program by $1.5 trillion over 10 years, and allocate $1.2 trillion into a new state block grant program, which could significantly decrease the amount of coverage received by those currently enrolled in Medicaid.
If President Trump is successfully reelected, these budget cuts could be potentially catastrophic for the millions of low-income and elderly Wisconsin residents who rely on programs like Medicare, Social Security, and Medicaid for their wellbeing and economic security.
Should the president hope to win Wisconsin again in 2020, he will need the support of many of its residents who are reliant upon these entitlement programs. With his record and now clear admission that he plans to target these programs, that could be difficult for him to accomplish.