On the campaign trail, Trump said he would cut Medicare spending by $800 billion over 10 years.
That would leave about $3 trillion in the pot to cover the cost of prescription drugs.
His campaign did not provide a specific number, but a recent analysis by the nonpartisan Congressional Budget Office found that cutting Medicare spending would cost Medicare $3.4 trillion over the decade.
Trump’s proposal would save $500 billion over a decade, according to the analysis, but would leave $3,000 billion in the Medicare trust fund untouched.
The Trump campaign did say in a statement that “the president will continue to work on eliminating wasteful, inefficiencies in Medicare,” adding that his plan “will not affect Medicare’s payment rates or limit Medicare’s ability to provide care.”
So what does this mean?
It means the plan is pretty much a straight-up tax cut for the rich.
According to the CBO, Trump’s proposed cuts would result in the largest increase in Medicare spending in history.
And the CBO estimates that the savings would come from reducing Medicare spending.
This is not a new thing.
In 2010, Mitt Romney’s presidential campaign released a statement calling for a tax cut that would increase taxes on everyone.
The Obama White House said the plan would raise taxes on the middle class by $1.6 trillion.
The plan was a massive tax cut, but the top one-tenth of 1 percent of earners would pay almost $1,000 more.
And, while the Romney campaign said that they would be offsetting the cuts with spending cuts, it’s not clear how much the cuts would offset.
Trump has promised to increase taxes and spend less.
That is the kind of tax cut you can see in the tax plan he unveiled yesterday.
If Trump’s tax plan is enacted and the deficit increases, the Trump campaign’s tax cuts would increase.
That means the tax cuts for the wealthy would grow even larger, and it would lead to even more budget pain for Americans.
The Tax Policy Center, an independent group that analyzes tax policy, has estimated that the Trump tax plan would increase the deficit by $4 trillion and raise the federal debt by $6 trillion over a ten-year period.
It is unclear how many people would see a tax increase under Trump’s proposals, and how much money would be saved.
But Trump’s own tax plan released yesterday doesn’t go nearly far enough to address the deficit problem.
The White House is saying that it will increase taxes for all income levels, including the middle and lower income brackets.
The administration says the plan will add $1 million in revenue each year.
But the Tax Policy Council estimates that, in a decade with the current tax system, this would mean $15,000 in new revenue for the government each year, while $12,500 in lost revenue each dollar of increased taxes would mean an additional $1 billion in additional spending.
Trump has also pledged to increase Medicare spending, but it is unclear what exactly he would do with Medicare spending that is already growing.
Trump did not detail how much of Medicare spending he would increase, and he did not explain how he would offset this spending with other cuts.
This isn’t the first time that Trump has proposed cutting Medicare.
He has previously proposed eliminating the Medicare Advantage program, which was created under the Obama health care law.
The president also proposed cutting Medicaid and Planned Parenthood by nearly a third, cutting the Supplemental Nutrition Assistance Program by nearly half, and cutting Medicare’s prescription drug benefit by roughly one-third.
As Vox’s Sarah Kliff noted earlier this year, Trump has also proposed cuts to Medicare Advantage and Planned Medicare.
Trump would also repeal a requirement that health insurers offer essential benefits to their employees.
The CBO estimates this would cost the government $4.4 billion in 2020.
That is just a fraction of what the government would have to spend to keep Medicare and Medicaid up and running in 2020 under the current plan.
Trump’s plan would also slash the government’s investment in the next generation of prescription medicines.
Trump says his plan would “put Medicare at the forefront of a new era of drug innovation and innovation to address critical needs for the elderly, and prevent Medicare from being a recipient of costly drug development and manufacturing investments.”
The White Health and Medicare Advisory Board, a nonpartisan commission formed to advise the president on healthcare, estimates that cutting the government spending on Medicare and Social Security could result in savings of $3 billion a year in 2020, and $4 billion by 2030.
One of the biggest cuts Trump could propose to Medicare is to Medicare’s Medicaid program.
Medicaid has grown steadily under the Affordable Care Act, and in 2020 it was projected to spend $6 billion on Medicaid and $5 billion on Medicare, according a report by the Congressional Budget Bureau.
The $5.5 billion in savings could be offset by cuts to Medicaid spending. In