Dec 4, 2024
Republicans Will CUT Social Security, Medicare, Rep. McCormick Promises
Rep. Richard McCormick said, "We're gonna have to have some hard decisions. We're gonna have to bring in the Democrats to talk about Social Security, Medicaid, Medicare."
- 10 minutes
We're going to have to have
some hard decisions.
We've got to bring the Democrats in
and talk about Social Security,
Medicaid, Medicare.
There's hundreds of billions of dollars
to be saved, and we know how to do it.
We just have to have the stomach
to actually take those challenges on.
[00:00:16]
That was Georgia Representative Richard
McCormick on Fox business yesterday.
As you saw, he was calling for cuts
to entitlements
like Social Security and Medicare.
But it gets worse because as you're
about to see in the full clip, McCormick
is arguing that those should be cut
instead of cutting the Pentagon's budget.
[00:00:35]
Take a look.
Well, I mean, what is the budget
for the Pentagon?
I mean, you know, Doge co-leaders
Elon Musk and Vivek Ramaswamy are set
to meet with GOP lawmakers this week.
Elon is proposing to cut the Pentagon's
$824 billion budget after it failed
[00:00:53]
its seventh audit in a row.
We can't just talk
about the military, though.
The military can do some things better.
We can save some money just in the way
that we're going to be careful
that we don't decrease our abilities
because China is right on our heels.
However, if you talk about 75%
of the budget, 75% is non-discretionary.
[00:01:10]
We're going to have to have
some hard decisions.
We've got to bring the Democrats in
and talk about Social Security,
Medicaid, Medicare.
There's hundreds of billions of dollars
to be saved, and we know how to do it.
We just have to have the stomach
to actually take those challenges on.
Do you believe that the defense
budget should be cut?
[00:01:27]
I'm not a big fan of that.
I think we could do things a lot better.
But when you talk about what's happening
in Taiwan, what's happening in the Middle
East, what's happening with Israel,
what's happening in Ukraine, this is
an unstable place, an unstable time.
We have to be very careful.
[00:01:44]
And it's an unstable place
and an unstable time.
We'll get to the Pentagon later.
But let's quickly remind ourselves
that the Pentagon, which has a budget
of around $900 billion, recently announced
it has failed its seventh straight audit.
[00:02:01]
As for entitlements,
Social Security, Medicare,
social safety net programs that people who
are the most vulnerable among us rely on.
Only time will tell what will happen
there, but there are some pretty ominous
warning signs on the horizon.
[00:02:16]
One such sign is the nomination of
Doctor Oz to lead the centers for Medicare
and Medicaid Services.
Odd.
Oz has previously chimed in
on Medicare policy.
Oz coauthored a 2020 opinion column
in Forbes arguing for a universal health
[00:02:34]
coverage system in which every American
not covered by Medicaid would be enrolled
in a private Medicare Advantage plan.
The coverage expansion,
the column said, would be financed
by an affordable 20% payroll tax.
[00:02:51]
An archived version of a 2022 oz Senate
campaign website suggested that Oz still
strongly supported Medicare Advantage,
promising he would expand access
to private sector plans
expanded by President Trump and beloved by
[00:03:08]
seniors for their low costs
and high quality that could be available
to all Americans who want them.
It's also worth noting
that mere days before the election, Mike
Johnson was caught on camera stating this.
[00:03:23]
We want to take a blowtorch
to the regulatory state, okay.
I mean, these agencies have been
weaponized against the people,
and it's crushing the free market.
It's like a boot on the neck
of job creators
and entrepreneurs and risk takers.
And so health care is one of the sectors.
But we need this across the board.
[00:03:38]
And Trump's going to go big.
I mean, he's only going to have
one more term, right.
Can't run for reelection.
And so he's going
to be thinking about legacy.
And we're going to fix these things.
- No Obamacare.
- No. No. Yeah.
The ACA is so deeply ingrained.
We need massive reform to make this work.
[00:03:55]
And we got a lot of ideas
on how to do that.
And then in March of this year, Trump
floated cuts to entitlements on CNBC.
Take a look.
So first of all, there is a lot you can do
in terms of entitlements,
[00:04:12]
in terms of cutting and in terms
of also the theft
and the bad management of entitlements,
tremendous bad management of entitlements.
There's tremendous amounts of things
and numbers of things you can do.
[00:04:29]
John, it's not looking good.
I think some of these programs
that people desperately rely on,
people look forward to,
and in some cases, like Social Security,
have paid into their entire lives.
These could be on the chopping block.
But the Pentagon,
we're not touching the Pentagon.
- What do you make of this?
- No. Definitely not.
[00:04:45]
Look, you know, I don't want to start,
like, you know, a big repetitive
conversation about the framing of the word
entitlements or whatever.
I always hate when that's applied
to the social safety net,
but, you know, you know,
who really does seem to feel entitled
to hundreds of billions of dollars.
Defense contractors?
They sure think that's an entitlement.
[00:05:02]
And we don't need to be
in a big war or anything.
Like there's always potentially a war with
China or whatever, particularly when you
put people like Donald Trump in office.
There's always potentially
a war with Iran coming.
If you put someone like Pete Hegseth
in charge of the Department of Defense.
[00:05:17]
Like that's all it takes is
hypothetically,
we could get into some sort of war,
so we will never cut that down.
Instead, we're going to cut the stuff
that actually goes to you and your family.
And conservatives,
I guess, didn't get that.
This is what Republicans were going to do,
even though I don't think Republicans
[00:05:35]
really tried very hard to hide that they
were going to be cutting these programs.
As you showed in that video, Mike Johnson
spent literally the run up to the election
be like, oh no, we can't wait.
We're going to cut the regulations,
basically laws that stop corporations
from screwing your family over.
[00:05:51]
And we're going to cut the government
funding that goes to you and your family.
He was excited for it.
Now you have representatives like that,
that one douche jumping out
and being like, we're going to.
I love the way they frame it, Jordan.
We're going to have to have
hard conversations.
We just need the stomach
to cut all this stuff that I don't think
[00:06:07]
ever should have existed at all.
That's not going to be
a hard conversation.
A hard conversation for you
would be seriously talking
about cutting the government
or cutting the the, the military.
It's so hard that you won't
even begin to have it.
So like the the pretend concern
for the things that they run on and try
[00:06:23]
to do every time they get in office,
I am so sick of it.
And I hope that this time conservatives
can can see that this is what's happening.
Yeah, let's go through
a couple of these areas that they want
to reform or cut or privatize.
[00:06:41]
Pushing for Medicare Advantage plans.
If people are unfamiliar, it is Medicare
Part C, you have A for general care,
B for pharmaceuticals and C for bells
and whistles through a privatized plan.
[00:06:56]
The government already subsidizes
those plans to the tune
of hundreds of billions of dollars.
That goes right into
private insurance companies.
You get an addendum to your plan.
They purportedly cover more, but there
have been case after case after case,
[00:07:13]
what many outlets have covered all
of the different ways
private insurers have denied claims for
people on Medicare Advantage that should
be all encompassing between parts A,
B, and C,
it should be everything, but it's not.
[00:07:29]
And this is something that the right wants
to push because it's a way
to further enrich their donors health
insurance companies and just transfer
billions of dollars of your tax dollars
to the pockets of CEOs and investors.
[00:07:44]
It is such a scam, and they know it, but
they're pushing Medicare Advantage because
it's a way for companies to profit off of
the government on the Defense Department.
Now, we all know any rational person knows
that is so bloated compared to the
[00:08:01]
next ten largest militaries in the world
and their defense spending.
It's astronomical and they benefit
from it, like you say, with defense
contractors, seeing that as an entitlement
is getting handout after handout
in government contracts.
But good news, John.
These tough conversations are happening
because Trump offered Steven Feinberg,
[00:08:19]
a billionaire with investments
in defense companies,
the role of deputy defense secretary.
No military experience,
just an investor with a direct stake
in the outcome of many Pentagon contracts.
- So. Whoa, wait.
- Hold up.
- Jordan.
- Are you the swamp?
You seem to be against populism.
Okay, I don't understand.
[00:08:37]
Like that's what's in.
And this is populism.
You fill your cabinet half with people
who bark at you on TV every day,
and then the other half with billionaires.
Populism? Yeah.
I mean, even the ACA thing. Obamacare.
[00:08:54]
Mike Johnson just
saying no more Obamacare.
Think about the realities
of what that looks like.
How does that help
the average working person?
Your kid who's 23,
suddenly doesn't have health insurance
anymore because it removes the provision
[00:09:09]
within Obamacare that extends coverage
under your parents plan to 26.
If you have a preexisting condition,
you don't have healthcare anymore.
I mean, I don't want I
don't want this to happen.
But if they do do it,
if they are successful, the backlash that
[00:09:24]
that might create after they these people
have been conditioned to think
that Obamacare is a bad thing.
Okay.
I mean, that's that's
political consequences for you.
So we'll see. We'll see.
I don't think they'll touch that
because it is just generally agreeable.
[00:09:40]
Those types of things are good.
The marketplace
is probably where they would go.
They would probably just further
gut the the marketplace,
remove or weaken or lessen subsidies
for those marketplace plans.
[00:09:56]
And in reality, all of those people
who rely on marketplace plans are just
going to go without health insurance.
- Yeah.
- Yeah.
I think there's also a lot of young people
that have never lived consciously
in the time, you know, before the ACA.
They don't know, like if you were
to sit them down and I don't know,
[00:10:14]
have them watch sicko or whatever,
remember that documentary and like explain
to them what used to be legal.
I think that it would blow their mind.
And I think it's worth having
that conversation because, as you say,
that seems to be the path forward that the
Republicans are trying to take us down.
[00:10:31]
Yeah.
It's disastrous. It's it's nightmarish.
But maybe we'll all get
Medicare Advantage plans.
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