These two risks to Social Security and Medicare loom large
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It’s an election year, so politicians are making pledges to protect Medicare and Social Security. Consistent with previous years, Democrats are claiming that Republicans will cut both programs despite former President Trump’s pledge. In truth, the two real risks to Medicare and Social Security are inflation and low economic growth.
In March of this year, Trump clarified his stance on entitlements when he declared that he “will never do anything that will hurt or jeopardize Social Security or Medicare.” President Biden, of course, made a similar pledge — despite at one time calling for cuts.
While candidates make such claims, the reality is that the other policies and actions of many politicians are directly hurting both programs.
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