Trump floats 'cutting' retirement spending, drawing quick pushback from Biden

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Trump floats 'cutting' retirement spending, drawing quick pushback from Biden
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Sahil Kapur is a senior national political reporter for NBC News.

Presumptive Republican presidential nominee Donald Trump opened the door Monday to “cutting” spending under Social Security and Medicare, drawing swift pushback from President Joe Biden and elevating a key policy battle in the 2024 election. Phoning into CNBC's 'Squawk Box,' Trump was pressed on how he plans to resolve the long-term solvency problems of Social Security, Medicare and Medicaid.

' “As the President just warned in his State of the Union address, Republican officials plan to cut Medicare and Social Security,” White House spokesman Andrew Bates said, adding that “today, in his budget, President Biden honors his ironclad commitment by firmly opposing benefit cuts to Medicare and Social Security.

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