The Trust Nest
  • Investing
  • Stock
  • Latest News
  • Editor’s Pick
  • Economy
Enter Your Information Below To Receive Free Trading Ideas, Latest News And Articles.

    Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!
    Popular Topics
    • Former Clinton aide Huma Abedin, Alex Soros marry in swank Hamptons wedding packed with Dem heavyweights
    • Dems ‘deliberately obfuscating’ truth about ‘big, beautiful bill’ with this claim: Watchdog
    • At least two dead after bridge collapses in India tourist destination
    • Fear grips Iranians, with some fleeing the capital as conflict with Israel escalates
    • Trump says national security concerns in Nippon-U.S. Steel deal can be resolved
    • About us
    • Contacts
    • Privacy Policy
    • Terms and Conditions
    • Email Whitelisting
    The Trust Nest
    • Investing
    • Stock
    • Latest News
    • Editor’s Pick
    • Economy
    • Latest News

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

    • May 1, 2025

    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
    Related Topics
    • Featured

    Previous Article
    • Economy

    China suggests Covid-19 originated in US in response to Trump allegation

    • May 1, 2025
    View Post
    Next Article
    • Economy

    US and Ukraine sign critical minerals deal after months of tense negotiations

    • May 1, 2025
    View Post
    Enter Your Information Below To Receive Trading Ideas and Latest News

      Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!
      Popular Topics
      • Former Clinton aide Huma Abedin, Alex Soros marry in swank Hamptons wedding packed with Dem heavyweights
      • Dems ‘deliberately obfuscating’ truth about ‘big, beautiful bill’ with this claim: Watchdog
      • At least two dead after bridge collapses in India tourist destination
      • Fear grips Iranians, with some fleeing the capital as conflict with Israel escalates
      • Trump says national security concerns in Nippon-U.S. Steel deal can be resolved
      • About us
      • Contacts
      • Privacy Policy
      • Terms and Conditions
      • Email Whitelisting
      Copyright © 2025 thetrustnest.com | All Rights Reserved

      Input your search keywords and press Enter.