Nikki Haley talked tough on Social Security, Medicare and Medicaid spending some time ago. Now, the Republican presidential candidate is getting cooked for her comments.
A previous version of this story misstated the state of which Nikki Haley was governor. It has been corrected.The former South Carolina governor and Republican presidential candidate is getting cooked for comments she made some time ago to Neil Cavuto on Fox Business, where she talked tough on Social Security, Medicare and Medicaid spending.
Social Security’s trust fund is predicted to run out of money within a decade. Medicare even sooner. As for Haley: She is definitely seen as a moderate, and her comments were pretty vague, even by politicians’ standards. It suggests she either wants to cut entitlements outright, or limit their growth. There is a big difference between the two.Her broader comments about the programs aren’t entirely wrong, but it is more complicated. Yes, these three programs are a major cause of the growth of government spending.
Social Security is primarily a pension plan. It is no surprise that if the number of retirees goes up dramatically, so does the pension plan’s outlays. But the value of its payments has also risen. Is anyone suggesting cutting that back?
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