That will mean instituting structural changes to Social Security and Medicare for the future.” (A video of Rubio’s appearance is here, with his remarks on Social Security and Medicare beginning at the 21:45 mark.) The law limits Medicare cuts to 4% of its budget per year, or $25 billion of its $625-billion budget. The driver of our debt is the structure of Social Security and Medicare for future beneficiaries. “The driver of our debt is the structure of Social Security and Medicare for future beneficiaries,” Rubio said. The driver of the $1.5-trillion deficit over the next 10 years would be the Republican tax cuts, if they’re enacted.

Source: Los Angeles Times November 30, 2017 17:25 UTC