Hacker News new | ask | show | jobs
by ryanwaggoner 3118 days ago
I’m assuming you mean “social safety net”, not Social Security?

And are you just referring to the individual mandate change? Or are other big parts of the safety net changing from this bill?

(And yes, I understand the long-term policy and political implications, but I’m asking about specific immediate changes in this bill)

1 comments

Republicans have stated they will be cutting Medicare and Social Security benefits after the tax cuts have passed “as they’re no longer affordable.”

https://www.washingtonpost.com/amphtml/news/wonk/wp/2017/12/...

If the health care costs in the U.S. were the same as the next most expensive OECD country, health care costs would be $1 trillion less. The trump tax cuts amount to $150 billion a year, so just by bringing health care costs in line with the second-most expensive country they could probably meet all of the shortfall without anyone needing to lose anything. It's possible to make smart cuts to medicare and medicaid spending without affecting quality of care or coverage.

Now, knowing republicans that's not how it will pan out though. They aren't known for making smart cuts, they typically reduce benefits/expenditure while keeping profiteering in place.