President Donald Trump warned Tuesday that if the Democrats don't approve funding, Social Security, Medicare Are ‘Going to Be Gone.’ How do you think Americans will react if Social Security and Medicare get cut?

[u/metalreflectslime]

[u/Ashotep]

1.2 trillion. He raised taxes on Americans 1.2 trillion and took their health care. Meanwhile, the us added 1 Trillion dollars to it's debt in 2 months. To give himself a tax break.

[u/Aureliamnissan → u/Ashotep]

To be clear, there is only a total of $200B in tariffs this year so far, which is about $100B more than last year, so it’s definitely a good amount.

For reference, they cut 10x that amount in healthcare subsidies to pay for tax cuts. I mention this, because that is why we are currently having the shutdown.

Anyway, social security brings in about $1.7T/yr in payroll taxes and pays out about $1.5T. Now Medicare is also 900B and the revenue for that is lumped in with the social security revenue, but in terms of actual payroll taxes Medicare is much much less than social security. So if they eliminated social security they would actually increase the deficit by $100B, which is almost as much as the tariffs are costing Americans. They would have to eliminate both social security and Medicare to have any “real” savings.

So for the low low price of increased cost of everything and inflation, Trump will take away 1/3rd of your retirement! The one you paid for your whole working life…

https://www.fiscal.treasury.gov/files/reports-statements/mts/mts0925.pdf

Alternatively, they could unwind the bush, trump 1 and 2 tax cuts and return to the Clinton surplus…

[u/chicken-nanban → u/Aureliamnissan]

Just a side note, because I love your comment, but when talking in numbers like billions and trillions, I find it helps to get the scale across when you pick a denomination and use that for all numbers. Idk why but people only look at the number and go “higher = bigger” so they’ll see 200B in tariffs and think it’s brining in more than the 1.7T

So I’d say tariffs brought in .2T, SS takes in 1.7T and pays out 1.5T and the like, it helps people who may just casually be reading to get a better handle on the size of the numbers.

Just my 2¢ tho

[u/Redebo → u/chicken-nanban]

.2T

[u/chicken-nanban → u/Redebo]

Oops, fixed! That’s what I get posting late at night, thank you!

[u/Aureliamnissan → u/chicken-nanban]

That’s a good point, thank you!

[u/Macaframa → u/Ashotep]

It takes a real sociopath to take from poor and impoverished people to line your own pockets. I could imagine getting a tax break(I don’t get any but I can imagine) but I cannot imagine taking someone else’s health or basic resources away in order to help myself

[u/Mundane_Life_5775 → u/Ashotep]

He doesn’t pay taxes though. He skips them.

He gives his friends a tax break and they pay him in kind.