If (thing) cost money and benefits non-milionaires, consider them at least at risk.
If Trump somehow can eliminate taxes on social security, the fund will have to reduce benefits sooner than projected. The cut will only benefit 40% of recipients that pay taxes, and that lack of extra funds comming into the system will bring it closer to insolvency, sooner rather than later. So unless your brother is one the 40% that will immediately benefit from the tax cut, he’ll get to look forward to lower payments sometime in the nearer future.
Just assume it’ll be gone and go from there. All social services and government protections are at risk.
While we can’t say for sure, I’d certainly be wargaming some possible outcomes and how to respond to them.
Wouldn’t surprise me if disability for mental health reasons was high on the list of things to cut. It’s effectively an “invisible” disability, which makes it somewhat easier to cut while limiting loss of political capital.
I wish you all the best getting through the upcoming difficult years. You’re a genuinely good person for caring and thinking far enough ahead to realize the question needs to be asked.
For other folks reading this, now is an excellent time to review your payroll deductions and ensure you’re paying for private disability coverage - both short and long term. It’s one of the least expensive ways to hedge against the crazy of the next four years.
Yes, OP should definitely prepare for the worst and hope it doesn’t happen.
Mental Illness is not only an invisible disability but has been scapegoated before. “Just suck it up”, “fake”, I’m sure your brother has heard those and worse. While there’s no way to predict what they’ll consider “waste”, we know they can’t make their goal without cutting a lot of necessary programs. This one does seem risky
I hope not. My brother is in the same boat and if his services get cut, I don’t know how he will survive.
But at least we’ll have cheap eggs and gas. 🙄
I wish we’d get cheap eggs and gas. But they’ll probably skyrocket like everything else.
Oh, gas is absolutely going up.
If the tariffs extend to crude oil imports, they’ll pass the cost down to consumers. If crude oil is excluded, they’ll increase profits by 15% and pretend it isn’t.
