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General Discussion / Musk and Ramaswamy will have to cut Social Security and Medicare.
« on: Today at 07:43:05 AM »
So they want to cut $2 Trillion from the budget. Last years budget was $6.1 Trillion so it should be easy right ? Except:
Of the $6.1 trillion, about $3.8 trillion go towards Social Security benefits, Medicare coverage and veterans benefits. $650 billion will go to pay interest on the national debt. $805 billion to national defense. The rest to other programs like NASA but that’s less than $2T. This means that, to meet their goals, they have to cut Social security or Medicare. Or a little of both unless they want to cut guaranteed Vet benefits to all the vets.
Of the $6.1 trillion, about $3.8 trillion go towards Social Security benefits, Medicare coverage and veterans benefits. $650 billion will go to pay interest on the national debt. $805 billion to national defense. The rest to other programs like NASA but that’s less than $2T. This means that, to meet their goals, they have to cut Social security or Medicare. Or a little of both unless they want to cut guaranteed Vet benefits to all the vets.