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    You are at:Home » Billionaires Elon Musk and Vivek Ramaswamy Want to Pay for Their Tax Cuts With Your Social Security, Medicare: Report
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    Billionaires Elon Musk and Vivek Ramaswamy Want to Pay for Their Tax Cuts With Your Social Security, Medicare: Report

    By NewsVideoClipJanuary 3, 2025Updated:January 3, 2025No Comments2 Mins Read
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    Rolling Stone reports that billionaires Elon Musk and Vivek Ramaswamy are preparing recommendations for cutting Medicare and Social Security through their imaginary DOGE government agency that was created by President-elect Donald Trump who cannot create any government agencies prior to being sworn in on Jan. 20, 2025:

    …a group of extremist Republicans, led by Sen. Rick Scott and Rep. Andy Harris, is fighting to ensure that the fresh round of tax cuts Republicans have planned for Musk when Trump’s 2017 tax law expires are paid for with $2.5 trillion in spending cuts on programs Americans rely on chosen by — you guessed it — Musk…

    Musk and Ramaswamy are being given free reign to decide what programs they can cut to fund their own tax cuts, all while Musk himself benefits from billions in government subsidies. DOGE is quickly becoming the GOP’s political cover to blow a hole through the budget while tearing down popular safety net programs they’ve crusaded against for decades…

    In fact, while Trump studiously avoided supporting unpopular policies like cutting Social Security during his 2024 campaign, Musk, Ramaswamy, and DOGE’s unofficial think tank, the ultra-conservative Cato Institute, are already planning to “shrink Social Security,” slash benefits, cut the Social Security cost-of-living adjustments that ensure seniors’ benefits keep pace with inflation, raise the retirement age, and more, according to the plans laid out in Cato’s DOGE manifesto. 

    (Source: Rolling Stone)

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