StockWaves
  • Home
  • Global Markets
    Global MarketsShow More
    Verb Know-how Soars on 8 Million Crypto Wager: What’s Driving the Surge?
    Verb Know-how Soars on $558 Million Crypto Wager: What’s Driving the Surge?
    11 Min Read
    See what £10,000 invested in both BP or Shell shares one yr in the past is value immediately
    See what £10,000 invested in both BP or Shell shares one yr in the past is value immediately
    4 Min Read
    Amazon expands its program that enables clients to purchase Hyundai automobiles (AMZN:NASDAQ)
    Amazon expands its program that enables clients to purchase Hyundai automobiles (AMZN:NASDAQ)
    0 Min Read
    Boeing protection employees go on strike after rejecting contract
    Boeing protection employees go on strike after rejecting contract
    3 Min Read
    Earnings name transcript: Axsome Therapeutics beats Q2 2025 forecasts
    Earnings name transcript: Axsome Therapeutics beats Q2 2025 forecasts
    0 Min Read
  • Investment Strategies
    Investment StrategiesShow More
    Fund supervisor adjustments in three schemes of Nippon India Mutual Fund
    Fund supervisor adjustments in three schemes of Nippon India Mutual Fund
    0 Min Read
    Exide Industries Q1 outcomes preview: Can it recharge progress?
    Exide Industries Q1 outcomes preview: Can it recharge progress?
    0 Min Read
    Suzlon share worth dips barely as momentum cools off
    Suzlon share worth dips barely as momentum cools off
    0 Min Read
    Indian Inns Ltd Inventory Evaluation, Goal Worth (AUG)Insights
    Indian Inns Ltd Inventory Evaluation, Goal Worth (AUG)Insights
    9 Min Read
    Federal Financial institution share worth slips as Q1 web revenue slides 15%
    Federal Financial institution share worth slips as Q1 web revenue slides 15%
    0 Min Read
  • Market Analysis
    Market AnalysisShow More
    Shakti Pumps' share worth slips 8% regardless of robust Q1 outcomes
    Shakti Pumps' share worth slips 8% regardless of robust Q1 outcomes
    0 Min Read
    Aaradhya Disposal IPO Day 1: Newest GMP, subscription standing, itemizing date & different particulars about SME IPO
    Aaradhya Disposal IPO Day 1: Newest GMP, subscription standing, itemizing date & different particulars about SME IPO
    4 Min Read
    Lupin Q1 FY26 outcomes: Sustaining the comeback momentum?
    Lupin Q1 FY26 outcomes: Sustaining the comeback momentum?
    0 Min Read
    Welspun Dwelling Q1 FY26: US Tariffs & Strategic Funding
    Welspun Dwelling Q1 FY26: US Tariffs & Strategic Funding
    14 Min Read
    Parth Electricals IPO Day 1: Subscription standing, GMP, different key particulars you must know
    Parth Electricals IPO Day 1: Subscription standing, GMP, different key particulars you must know
    3 Min Read
  • Trading
    TradingShow More
    Wanting Into Digital Arts’s Latest Brief Curiosity – Digital Arts (NASDAQ:EA)
    Wanting Into Digital Arts’s Latest Brief Curiosity – Digital Arts (NASDAQ:EA)
    3 Min Read
    Adidas, Uniqlo, Nike And Hole Brace For Greater Tariff Payments And Powerful Decisions On US Shelf Costs – Hole (NYSE:GAP), Nike (NYSE:NKE)
    Adidas, Uniqlo, Nike And Hole Brace For Greater Tariff Payments And Powerful Decisions On US Shelf Costs – Hole (NYSE:GAP), Nike (NYSE:NKE)
    3 Min Read
    Trump ‘Not A Typical Counterpart,’ Says Japan’s Ishiba Amid Uncertainty Over 15% Auto Tariff Timeline, Alerts Potential Talks – Stellantis (NYSE:STLA), Ford Motor (NYSE:F)
    Trump ‘Not A Typical Counterpart,’ Says Japan’s Ishiba Amid Uncertainty Over 15% Auto Tariff Timeline, Alerts Potential Talks – Stellantis (NYSE:STLA), Ford Motor (NYSE:F)
    3 Min Read
    Wayfair Gears Up For Q2 Print; Right here Are The Latest Forecast Modifications From Wall Road’s Most Correct Analysts – Wayfair (NYSE:W)
    Wayfair Gears Up For Q2 Print; Right here Are The Latest Forecast Modifications From Wall Road’s Most Correct Analysts – Wayfair (NYSE:W)
    3 Min Read
    Marjorie Taylor Greene Warn This As The ‘Most Startling And Tragic Statistics,’ Outlines ‘The Final Trifecta’ Of Happiness And Safety
    Marjorie Taylor Greene Warn This As The ‘Most Startling And Tragic Statistics,’ Outlines ‘The Final Trifecta’ Of Happiness And Safety
    3 Min Read
Reading: Donald Trump makes a daring promise: ‘The biggest tax cuts in historical past, with no cuts to Medicare or Social Safety’
Share
Font ResizerAa
StockWavesStockWaves
  • Home
  • Global Markets
  • Investment Strategies
  • Market Analysis
  • Trading
Search
  • Home
  • Global Markets
  • Investment Strategies
  • Market Analysis
  • Trading
Follow US
2024 © StockWaves.in. All Rights Reserved.
StockWaves > Business > Donald Trump makes a daring promise: ‘The biggest tax cuts in historical past, with no cuts to Medicare or Social Safety’
Business

Donald Trump makes a daring promise: ‘The biggest tax cuts in historical past, with no cuts to Medicare or Social Safety’

StockWaves By StockWaves Last updated: April 3, 2025 3 Min Read
Donald Trump makes a daring promise: ‘The biggest tax cuts in historical past, with no cuts to Medicare or Social Safety’
SHARE


US President Donald Trump has pledged the “largest tax cuts in historical past” whereas assuring that Medicare and Social Safety will stay untouched. Talking on the Rose Backyard, White Home, as he introduced the intently watched reciprocal tariffs on nations that impose levies on American items, Trump emphasised his dedication to decreasing the tax burden on Individuals with out affecting key social applications.

“We’re going to announce the biggest tax cuts in historical past, and we is not going to minimize Medicare, Social Safety,” Trump acknowledged.

Additional particulars on the proposed tax cuts, together with particular reductions and eligibility standards, are anticipated to be unveiled within the coming weeks.

Elon Musk’s DOGE begins cost-cutting, sparks backlash

Division of Authorities Effectivity (DOGE), headed by billionaire entrepreneur Elon Musk, has begun implementing aggressive cost-cutting measures throughout federal companies. The initiative, aimed toward lowering authorities spending, has already led to employees reductions and operational streamlining.

Among the many areas feeling the impression are main entitlement applications, together with Social Safety, Medicare, and Medicaid, elevating issues about potential future cuts. Critics argue that these reductions may harm hundreds of thousands of Individuals who depend on these advantages, whereas supporters declare the reforms are essential to curb authorities waste.

The cuts have sparked a rising backlash, with lawmakers and advocacy teams pushing again in opposition to any reductions that might have an effect on retirees and low-income residents. Regardless of the criticism, Musk and Trump’s administration preserve that DOGE will make the federal government extra environment friendly with out compromising important providers.

Trump vows to guard Medicare & Medicaid as Republicans eye main cuts

In a February interview with Fox Information, Donald Trump acknowledged that he wouldn’t minimize Medicaid, the federal-state medical health insurance program primarily serving low-income Individuals. Nonetheless, congressional Republicans are pushing for important Medicaid cuts as a part of their plan to increase tax reductions.

“Medicare, Medicaid — none of that stuff goes to be touched,” Trump stated in an interview. “We received’t need to.”

Whereas Trump has constantly vowed to guard Medicare, the general public well being program for seniors and people with disabilities, he has been extra open to modifying Medicaid.

This system has turn into the biggest medical health insurance supplier within the US, overlaying almost half of all births and about two-thirds of nursing dwelling stays. In 41 states that expanded Medicaid below the Reasonably priced Care Act, it additionally gives protection to hundreds of thousands of working-class Individuals close to the poverty line.

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.

By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share This Article
Facebook Twitter Copy Link Print
Previous Article Penguin options raises FY2025 income development outlook to 17% amid Q2 income development Penguin options raises FY2025 income development outlook to 17% amid Q2 income development
Next Article Is a £333,000 portfolio sufficient to retire and dwell off passive revenue? Is a £333,000 portfolio sufficient to retire and dwell off passive revenue?
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

FacebookLike
TwitterFollow
PinterestPin
InstagramFollow

Subscribe Now

Subscribe to our newsletter to get our newest articles instantly!

Most Popular
RBI MPC kicks off August assessment; economists peg 25-bp fee lower to mitigate US tariff impression
RBI MPC kicks off August assessment; economists peg 25-bp fee lower to mitigate US tariff impression
August 4, 2025
Scotland Faces Extreme Summer time Storm Disruptions
Scotland Faces Extreme Summer time Storm Disruptions
August 4, 2025
Verb Know-how Soars on 8 Million Crypto Wager: What’s Driving the Surge?
Verb Know-how Soars on $558 Million Crypto Wager: What’s Driving the Surge?
August 4, 2025
Fund supervisor adjustments in three schemes of Nippon India Mutual Fund
Fund supervisor adjustments in three schemes of Nippon India Mutual Fund
August 4, 2025
Wendy’s India Celebrates fifth Birthday With Daring Campaigns and First-Ever QSR Occasion Bus
Wendy’s India Celebrates fifth Birthday With Daring Campaigns and First-Ever QSR Occasion Bus
August 4, 2025

You Might Also Like

Intense Warmth to Push Greatest US Grid’s Energy Use to 12-12 months Excessive
Business

Intense Warmth to Push Greatest US Grid’s Energy Use to 12-12 months Excessive

2 Min Read
Gurgaon climate right this moment: Residents get up to first Monsoon bathe, get reduction from heatwave
Business

Gurgaon climate right this moment: Residents get up to first Monsoon bathe, get reduction from heatwave

0 Min Read
FinMin, Niti, DPIIT to work out parameters for ‘Funding Friendliness Index of States’: Expenditure Secretary Manoj Govil
Business

FinMin, Niti, DPIIT to work out parameters for ‘Funding Friendliness Index of States’: Expenditure Secretary Manoj Govil

8 Min Read
Newest Information At present Dwell Updates February 9, 2025: Regionally produced LCA-Mk1 fighter jet to make historic flight with 2 prime navy leaders onboard
Business

Newest Information At present Dwell Updates February 9, 2025: Regionally produced LCA-Mk1 fighter jet to make historic flight with 2 prime navy leaders onboard

1 Min Read

Always Stay Up to Date

Subscribe to our newsletter to get our newest articles instantly!

StockWaves

We provide tips, tricks, and advice for improving websites and doing better search.

Latest News

  • About Us
  • Contact Us
  • Privacy Policy
  • Terms Of Service

Resouce

  • Blockchain
  • Business
  • Economics
  • Financial News
  • Global Markets
  • Investment Strategies
  • Market Analysis
  • Trading

Trending

RBI MPC kicks off August assessment; economists peg 25-bp fee lower to mitigate US tariff impression
Scotland Faces Extreme Summer time Storm Disruptions
Verb Know-how Soars on $558 Million Crypto Wager: What’s Driving the Surge?

2024 © StockWaves.in. All Rights Reserved.

Welcome Back!

Sign in to your account

Not a member? Sign Up