Donald Trumps presidential campaign waffled again on the details of its economic policy, with a top adviser suggesting a Trump administration would be open to reductions in Medicare and Social Security spending if the campaigns tax cuts dont achieve extraordinary budget surpluses.
To date, Mr. Trump has stood by his promise to leave untouched the entitlement benefits that older Americans receive, while proposing an unprecedentedly large tax cut. Outside analysts have concluded that combination would worsen the countrys long-term fiscal position.
The campaign in recent days has muddled but not reversed those positions, with the candidate or his top aides suggesting they were open to paring back his proposed tax cuts or, on Wednesday, potentially trimming entitlement benefits.
After the administration has been in place, then we will start to take a look at all of the programs, including entitlement programs like Social Security and Medicare, said chief Trump policy adviser Sam Clovis, during an event in Washington. Well start taking a hard look at those to start seeing what we can do in a bipartisan way.
