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Donald Trump on Welfare Reform

Many people want to know if Donald Trump wins the election, will he get rid of food stamps? Well, he won. So, what is he going to do? Will he make cuts to social security or worse privatize it? Will he cut welfare programs? How about Medicaid, Medicare, WIC, TANF, Energy Assistance? What can we discern from Donald Trump on Welfare Reform? Here are a few answers:

Donald Trump on Welfare Reform

Now that he is going to be the President of the United States, here is what we know: We are going to go through the most popular and expensive programs (Social Security and Food Stamps) and tell you what we know so far:

Food Stamps

There is a famous video of Donald Trump confronting a food stamps heckler. Watch it here. Even though that video has gained notoriety, it does not tell you what he plans to do about it. It only shows you that Donald Trump thinks too many people are on food stamps. What we know is that House Speaker Paul Ryan has been wanting to trim the program for a long time, and now that they don’t have a Democratic President in the way, they have a chance to do that. For example, they want to tighten eligibility standards or increase the work requirement, according to this article from CBS News.

Social Security

Trump has not presented a specific plan on social security, only saying that he will not take benefits from those who are currently receiving it. That opens the possibility that there would be changes to those who will get it in the future. And by the look of his transition team, it looks like privatizing social security may also be on the table since there are people on his transition team that are champions of privatizing social security.

Here is Trump answering a question from someone from the AARP on Social Security in December 2015.

What are your thoughts? Do you believe him?

Here is Trump during the Third Presidential Debate answering a question on Social Security

What do you think of his answer?

What do you think of Donald Trump on Welfare Reform? Do you think he is going to make deep cuts, eliminate programs or leave them alone. Tell us in the comments section below. We would love to hear from you on this important topic.

Kwame Kuadey

Kwame Kuadey writes about personal finance and the social safety net. His career started in banking but he caught the entrepreneurial bug and has spent the last decade building successful businesses, including an Inc. 500 Company. Kwame believes everyone has the power to improve their quality of life by seeking knowledge and taking action. In 2012, Kwame founded Empower Media to help low-income households improve their financial situation. His expertise is in topics relevant to low-income households, including government benefits and assistance, banking products, access to credit, plus tools & resources to help reduce income volatility and build wealth. Kwame has been featured in The Wall Street Journal, Forbes, Entrepreneur, Inc. Magazine, Washington Post, ABC, and NPR.



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