https://www.marketwatch.com/story/seniors-will-pay-the-price-for-trumps-medicare-cuts-2018-02-14
Ironic, since older people are the biggest supporters of Trump.
I suggest reading the whole article at the following link. I don't want to infringe on their copyright, or I would include the whole article. It is very informative.
Published: Feb 14, 2018
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Trump’s plan includes $554 billion in cuts to Medicare, the federal health care program that provides insurance to 55 million Americans who are over age 65 or living with disabilities. The program helps ensure that every American can afford doctor’s appointments, medications, and life-saving treatments after they retire or when they are no longer able to work.
While some of the proposed changes to Medicare would target reimbursements for doctors to ensure they are not charging too much and would pass rebates along to beneficiaries directly, other program savings come from picking winners and losers around changes to the program’s prescription drug coverage.
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The budget also includes billions in cuts to Social Security insurance and disability benefits, $1.4 trillion in Medicaid cuts, and drastic cuts to nutrition and housing assistance programs that help struggling families and seniors keep food on the table.
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The president is proposing such deep cuts because he needs someone to pay for the massive tax giveaways to the wealthy and Wall Street in his tax bill that have increased the deficit by over $1 trillion.
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