President Donald Trump’s budget proposal would extend the life of Medicare by eight years, the administration’s budget chief told a Senate committee Wednesday.
But Sen. Bernie Sanders, I-Vt., had a sharp question during the Senate Budget Committee hearing.
“How many thousands do you think will die because of massive cuts to Medicare and Medicaid?” Sanders asked Russ Vought, acting director of the Office of Management and Budget.
Several Democrats on the panel also accused the Trump administration of wanting to cut Medicare.
That’s not the case, Vought said.
“Our Medicare reforms that provide savings to lower pricing costs—and attempts to make other program integrity reforms—they push out the expiration date of the Medicare trust fund by eight years,” he told the Senate committee.
Sen. David Perdue, R-Ga., sounded impressed by Vought’s description of an extended life for Medicare.
Perdue had decried federal spending that led to $22 trillion in debt and left the Medicare trust fund at zero in eight years and the Social Security trust fund projected to reach zero in 12 years.
The Social Security and Medicare trustees’ report last year projected that the Medicare trust fund would be depleted by 2026 if Congress did not reform the entitlement program.
Read the full story from The Daily Signal
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