Will Musk/Trump kill Social Security and Medicare?

[yellowdogintexas]

65. reduce the required deduction from paychecks

Dollars to donuts that is what half the folks who cheered over "no taxes on Social Security" thought would happen.

By reducing the deduction, the fund goes dry

Increasing the eligibility age for Medicare and SS

Lowering the 'cap' on deductions from our checks. I think the stop point now is $145,000. Once your income reaches that point there will be no more deductions for the rest of the year. I think they may cut that down to a lower level.

It should actually be raised, which would keep the SS solvent. Bernie (along with others) have been ranting about this for years.
The last proposal was to have a gap between the current level and maybe $300,000 then increase it with no ceiling. Medicare does not have the cap.

'offering' us the option of moving it into an IRA would be the other thing they want. Those brokers etc make money off these funds and absorb the cost of processing our SS benefits.

with Medicare, we would all be put into Managed Care Plans.