Skip to content
Search AI Powered

Latest Stories

Reporter Just Called Out Trump's Real Strategy Behind His Tax Cuts For the Wealthy, and It Sounds All Too Familiar

Reporter Just Called Out Trump's Real Strategy Behind His Tax Cuts For the Wealthy, and It Sounds All Too Familiar
US President Donald Trump at the White House on August 16, 2018 in Washington, DC. (Photo by Oliver Contreras-Pool/Getty Images)

Accurate.

As predicted by economists and the bipartisan Congressional Budget Office (CBO) prior to their implementation, the Republican backed Trump tax cuts for the wealthiest citizens are on target to balloon the federal deficit to levels never seen before in United States history—both in sheer amount and in comparison to the gross domestic product.

Now some GOP members of Congress and President Donald Trump look to cut social safety-net programs to close the gap.


Programs like Social Security and Medicare—financed by deductions from worker's paychecks—and Medicaid and SNAP—providing healthcare and food for the poorest citizens—along with other programs provide a social safety-net to keep people from starving, becoming homeless, freezing during the winter or dying from untreated health issues.

But New York Times writer Nick Confessore contends the longstanding GOP desire to cut or eliminate social programs that help the poor, created the tax cuts for the wealthy and not the other way around.

Responding to a tweet by CNBC political editor Mike Calia who posted:

"GOP Rep. Steve Stivers, a budget hawk when Obama was president, voted for Trump's deficit-expanding tax cuts. Now, in an interview with @JohnJHarwood, he's advocating for cuts to Social Security and Medicare as a way to trim the deficit."

Confessore stated:

"The political strategy: Deliberately deficit-financed tax cuts as a justification for future safety-net cuts."

The GOP received the same indictment when they cut veterans benefits and programs. Everyone knew the Trump tax cuts for the wealthiest individuals and corporations would not benefit anyone but the people receiving the tax cuts.

But to avoid the political suicide of making deep cuts to veterans programs and Social Security and Medicare requires a financial crisis. Create a huge deficit then cut programs because there is "no funding" and "no choice."

People on Twitter agreed with Confessore's assessment of why the GOP and Trump pushed their tax cuts knowing it would not help the middle or lower classes or the economy as the following comments show.

People labeled the GOP and Trump tax cuts as a deliberate sabotage to manufacture a financial crisis.

Most pointed out that this strategy is nothing new.

More from People/donald-trump

Serena Williams; Coco Gauff
Michael Buckner/Variety/Getty Images; Robert Prange/Getty Images

Serena Williams Offers Cheeky Advice To Coco Gauff After She Smashed Her Racket Following Australian Open Loss

There's no better person to take advice from than someone who's gone through exactly what you're going through right now. Having four Olympic Gold medals might not hurt, either.

While participating in the Australian Open quarterfinals, tennis star Coco Gauff was moved to tears when she lost the competition to Elina Svitolina. But the cameras kept rolling after she stepped off the court, revealing that she smashed her tennis racket out of frustration once alone in the back halls of the athletic center.

Keep ReadingShow less
TikToker Romeo Bingham; Dr. Pepper
@romeosshow/TikTok; Beata Zawrzel/NurPhoto/Getty Images

People Are Floored After Dr. Pepper Actually Uses TikToker's Catchy Jingle In Commercial

Let's be real: You'll never get what you want if you don't shoot your shot.

That was what TikToker Romeo Bingham decided when she was bored and suddenly came up with the idea for a new jingle for Dr. Pepper.

Keep ReadingShow less
Jennifer Grey Shares Poignant Thoughts After 'Dirty Dancing' Sequel Is Set To Start Filming—And Fans Are Thrilled
Taylor Hill/FilmMagic; Getty Images

Jennifer Grey Shares Poignant Thoughts After 'Dirty Dancing' Sequel Is Set To Start Filming—And Fans Are Thrilled

In 1987, audiences had the time of their lives when Dirty Dancing hit theaters. Nearly 40 years later, that story is officially stepping back onto the dance floor.

Lionsgate announced Tuesday, January 27, that Jennifer Grey will reprise her role as Frances “Baby” Houseman in an upcoming Dirty Dancing sequel. The project will be produced by The Hunger Games and Crazy Rich Asians producers Nina Jacobson and Brad Simpson, with filming expected to begin later this year.

Keep ReadingShow less
TikTok logo
illustration by Cheng Xin/Getty Images

TikTok Now Claims A 'Power Outage' Is To Blame For The App's Massive Glitches—But The Internet Isn't So Sure

The new owners of U.S. TikTok—American investors to satisfy safety concerns about the app created by the Chinese technology company ByteDance—have an explanation for ongoing problems experienced by users beginning Sunday morning.

For context, MAGA Republican President Donald Trump infamously ranted about the app and vowed to permanently ban it from the United States during his first term in office.

Keep ReadingShow less
Screenshot of Megyn Kelly; Picture of Alex Pretti from memorial
The Megyn Kelly Show; Octavio Jones/AFP via Getty Images

Megyn Kelly Slammed After Boasting About Why She Doesn't 'Feel Sorry' For ICE Shooting Victim Alex Pretti

Right-wing talk show host Megyn Kelly was slammed after she shared her reasons for not feeling "sorry" for ICU nurse Alex Pretti, who was fatally shot by ICE agents over the weekend.

Calls for an investigation have intensified from across the political spectrum after analysis of multiple videos showed ICE officers removing a handgun from Pretti—a weapon that authorities said Pretti was permitted to carry but was not handling at the time—before fatally shooting him.

Keep ReadingShow less