what was said
“They’re going to hurt your Social Security so badly, and they’re killing you on Medicare. Just remember that. I’m going to protect your Social Security. We’re going to take care of your Social Security. We’re going to take care of your Social Security. Matt Rosendale is going to make sure we’re not touching your Social Security and your Medicare is only going one way. That’s stronger. They’re going to end up taking it away from you, and you won’t even know what happened.”
“The Democrats will destroy Social Security. We’re saving Medicare. The Democrats want to destroy Medicare. If you look at what they’re doing, they’re going to destroy Medicare. And we will save it. We will keep it going. We’re making it stronger. We’re making Social Security stronger.”
The president is wrong on both claims: that Democrats plan to deplete Medicare and Social Security and that the two society safety nets are “stronger” under his administration.
First, not only has Mr. Trump failed to strengthen Medicare and Social Security, the financial outlook for both trusts has largely worsened. That’s at least partly the result of Mr. Trump’s tax law that is collecting fewer taxes from Americans and, in turn, investing less money into each program.
In June, the government projected that Medicare funds would be depleted by 2026, three years earlier than estimated in 2017. The report noted that less money will flow into the fund because of low wages and lower taxes.
The 2017 tax law also repealed the individual mandate that was required under the Affordable Care Act. That has led to Medicare needing to pay hospitals more money to reimburse costs of health care…