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Jessie Hellmann — White House: Trump hasn’t shifted on not cutting entitlements

Summary:
President Trump has not changed his position on protecting entitlement programs from funding cuts, White House press secretary Sarah Huckabee Sanders said Wednesday. After last month's GOP victory on tax reform, many Republicans are calling for changes to the social safety net as a way to cut government spending. But, asked about Trump's repeated campaign pledge to protect Social Security, Medicare and Medicaid, Sanders said he doesn't support cuts to the programs. "The president hasn't changed his position at this point," she said at a White House briefing, adding that conversations with lawmakers are ongoing.Speaker Paul Ryan (R-Wis.) has set his sights on entitlement reform for 2018.“We’re going to have to get back next year at entitlement reform, which is how you tackle the debt

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President Trump has not changed his position on protecting entitlement programs from funding cuts, White House press secretary Sarah Huckabee Sanders said Wednesday.
After last month's GOP victory on tax reform, many Republicans are calling for changes to the social safety net as a way to cut government spending. But, asked about Trump's repeated campaign pledge to protect Social Security, Medicare and Medicaid, Sanders said he doesn't support cuts to the programs.
"The president hasn't changed his position at this point," she said at a White House briefing, adding that conversations with lawmakers are ongoing.
Speaker Paul Ryan (R-Wis.) has set his sights on entitlement reform for 2018.

“We’re going to have to get back next year at entitlement reform, which is how you tackle the debt and the deficit,” he said in an interview last month.

Medicare and Medicaid “are the big drivers of debt,” Ryan said, “so we spend more time on the health-care entitlements, because that's really where the problem lies, fiscally speaking."
Ryan said Trump is beginning to warm to the idea of slowing the spending growth in entitlements....
The kicker.
The White House has said it doesn't consider slowing down Medicaid growth rates to be funding cuts....
The Hill
White House: Trump hasn't shifted on not cutting entitlements
Jessie Hellmann
Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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