The former president’s allies have used the final days of the campaign to argue for sharp spending cuts that would harm millions of Americans.

Summary

Donald Trump’s allies, including Elon Musk and John Paulson, are advocating sudden, unspecified spending cuts, likely targeting healthcare and social programs if Trump wins.

Despite strong economic performance under Biden, Trump’s agenda could double the national debt, raising taxes for most Americans while benefitting the wealthy. His policies may cut essential programs, lowering living standards in the short term.

Trump’s campaign has been a bait-and-switch, promising economic restoration while hiding the dire consequences of his proposals.

  • Cornelius_Wangenheim@lemmy.world
    51·
    22 days ago

    The only way to cut 2 trillion is by cutting Social Security and Medicare/Medicaid. Literally. All of the rest of the government only totals up to 1.7 trillion in spending.