Outside first DOGE caucus meeting, Republican says ‘there will be some cuts’ to Social Security
Outside first DOGE caucus meeting, Republican says ‘there will be some cuts’ to Social Security
"I think these should be on the table," GOP Rep. Greg Lopez said of Social Security and Medicare.
Summary
At the first meeting of the DOGE Caucus, a new congressional group focused on government efficiency, Republican Rep. Greg Lopez stated that cuts to Social Security and Medicare are likely “on the table” as part of debt reduction efforts.
The caucus, led by Elon Musk and Vivek Ramaswamy, aims to slash government spending, raising concerns among advocacy groups about potential attacks on anti-poverty programs.
Critics, including Social Security Works, warn the caucus may push for privatization and benefit reductions.
This comes despite Trump’s prior commitment to protect these programs.
doesn't need to be, of course. they just want to cut social security because 'the poors' rely on it more.
debt reduction efforts
deep-six every loophole used mostly or only by the wealthy to avoid paying their share of taxes.
increase funding for irs, streamline enforcement actions, give them the resources needed to go after the big fish.
eliminate the cap on social security contributions, lower the ceiling on benefits for the very wealthy retirees, while raising the minimum benefit.
single payer tax funded health care, paid by higher taxes on the wealthy.
raise the capital gains rates. raise the estate tax, lower the assets value needed to trigger it.
raise the marginal rates for high income earners (by a lot. i want reagan screaming from beyond)
budget problem fixed. well over $2 trillion a year pumped into the economy by people who are now no longer padding insurance companies' bottom lines with it. but we aren't done yet....
$12/hr min wage (wait wut?!?!?! wait for it....)
$24,000 universal tax credit for everyone. the higher taxes up^there on high income earners would negate this for them, and they fund it for the others that do receive it.
this is a compromise between the $15 (or higher) crowd and small businesses. a little lower fed min wage than what's being pushed, but then essentially doubled based on full time work via the tax credit all receive.
41Lovely how this incredibly wealthy person is laser focused on making things worse for poor people. I suppose it's the usual ploy of making people as desperate as possible so people like him can prey on us more easily.
28Don't worry, the cuts will drain social security just in time for when you go to collect. Current recipients will go un affected. I have no insider knowledge, I just understand that corporate America hates my generation.
26
EDIT:
cuts to Social Security and Medicare are likely “on the table” as part of debt reduction efforts.
Medicare for all? More like Medicare for none.
18The House R's have a very tiny majority and their constituents will not be happy about this idea and will let them know it. So I feel like they won't be able to get the votes to do it. I also think they're going to prioritze things like more tax cuts for the wealthy and corporations first, as well as the border stuff, before they would get to that. Ya never know, but that's what I'm hoping for.
10Hahahahahahahaahahhaahahaaaaaaaahhahahahaa
9Yet if there is any discussion on increasing taxes on these fucks all of a sudden it's government overreach on the "job creators"
6Bahahahahaha.
6> some cuts
> the cuts:
5Someone needs to share this news with @BigMacHole@lemm.ee
4This is what happens when you've never ridden on the subway.
4No there the fuck will not be cuts to either thing.
0Fucking DO IT
-8