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Jun 10, 2026

Republican House Speaker's Plot REVEALED In Disastrous New Medicaid Scheme

Republican House Speaker Mike Johnson's scheme to push a false narrative over new GOP plan for another wave of disastrous cuts to critical benefit programs that a huge amount of Americans rely on, including Medicaid, Medicare and Social Security, while giving new tax cuts to the ultra rich. John Iadarola and Sharon Reed break it down on The Damage Report. Leave a comment with your thoughts below!
  • 6 minutes
You think that there is nothing that Congress can do next year that would be worse than what it's done in the first two years of the Trump administration. But I'm to need you to free your mind and start thinking creatively and fast. Because Republican House Speaker Mike Johnson has got his tax cuts, the big beautiful bill. And now he thinks it's time for some [00:00:17] more cuts, but not necessarily tax cuts, although they'll probably do that. No, it's cuts to Social Security, Medicare, and Medicaid. You knew that it was coming. And if they are lucky enough to maintain- the stranglehold that they have on power right now, they're gonna do it. They're gonna screw over your retirement, they're gonna take away your healthcare. They're just [00:00:36] openly telling you it. Take a look at this. We've been doing all that. And then we're gonna lead up to what we have to do and address. The largest spending items, the reason we're in trouble is because over 74 % of federal spending is on autopilot, mandatory spending. That's [00:00:52] your entitlement programs like Medicare, Medicaid, and then things like social security. They have to be adjusted and fixed. We have a plan to do that uh next year and it's critical because we're at 40 trillion plus. oh I want to apologize to the audience. In my intro, I said that [00:01:10] they were going to be cutting it. They're just going to be adjusting it and fixing it. I wonder in which direction are they going to cut it? Are they going to make it bigger? I can't wait to find out. But yeah, no, he chose his words carefully because they're never going to admit that they're cutting it. They're never going to admit that they're screwing you over, reducing [00:01:28] the benefits, increasing the number of years before you can retire. But that's all they've ever proposed to do. Have you ever seen Mike Johnson come out and say I want to raise your benefits? No, no, see, there's an issue, okay, America, social security, Medicare, Medicaid, it's on autopilot. We just automatically pay for it. It's not like the military budget where [00:01:48] we have constant serious discussions about whether it's time to finally cut it massively or whatever. That's the true autopilot to me, it just always goes up. So anyway, he says, we have a plan to do that next year and it's critical because we're at 40 trillion plus in debt, which- By [00:02:04] the way, Donald Trump is personally responsible for approximately half of the national debt. And it is not because of Social Security, Medicare and Medicaid. It's because you guys keep handing trillions of dollars over to a host, okay? We told you before you did that that's going to [00:02:19] be the effect. It was the effect of the first term, you're doing it again. So stop lying to me about both the entitlement programs, but also the national debt. We are simply too intelligent and too tapped into what's going on to buy these lies. Now the issue is, that Social Security does actually need help, help, not cuts, okay? Right now the new trustees report that just [00:02:41] came out in Social Security said that they're not going to be able to pay full out benefits only until the fourth quarter of 2032, one quarter earlier than projected last year. So things are bad and also getting worse. Now they would imply, the way that you fix that is you just [00:02:58] basically make it suck now and it won't cost as much if you don't give people much. if you make them wait additional years before they finally get the benefits. But there is an alternative solution and it's pretty simple. You know on every paycheck you've ever gotten, you [00:03:13] pay social security taxes that go to fund these programs and you pay it on every dollar of your pay. You do, maybe I do, maybe producer Mike over there does. The rich don't, the caps, which is really nice if you're rich because you don't want to pay an additional tax. Isn't [00:03:30] it weird? that you pay a higher tax than the rich do on it? If we were to take that away, it would keep the program fully solvent for literally years. No, not even like really a new additional taxes, just having the rich pay the tax that we already pay would be a solution. [00:03:46] Is that one of the adjustments and fixes that Mike Johnson is talking about? Obviously not, he would literally rather die. Sharon, what do you make of all this? Sorry, I almost blurted out, I'm okay with that, but I don't wish any harm. Listen, This whole thing that they previously [00:04:02] labeled, I mean, you just articulated everything. It's brilliant and you just gave the facts. And that is what has been called for years Trump derangement syndrome, okay? No, we know the truth. You've cut us to the bare bones. Even if you have cover, a roof over your head, you're [00:04:21] impacted by more and more people who don't and fewer and fewer programs all because of this. guy. It used to be, you're just a leftist, everything's Trump's fault. What about before Trump? Yeah, there was stuff going on beforehand. But what you've just articulated is, this [00:04:38] guy owns such a huge percentage in such a short time period. Look what he's done to affect every single one of our lives. There's no one that you can name who can escape what Trump, he has affected all of us, okay? So Mike Johnson. If he could take his Bible and just have a [00:05:00] seat, that would be a great start. Yeah, look, um I think there's a very good chance that the Democrats take back not only the House and Mike Johnson will literally not be in any position to do any of this by then, but that also hopefully will take over the Senate. We can stop them from doing this sort of thing. But everybody does need to understand that if we do not, [00:05:18] they will do this. There are only two things really that they've wanted to do for decades. uh Constant tax cuts always and they do that all the time. And as soon as they do that, they then try to cut these programs and thankfully, they've failed. They failed a number of times [00:05:34] to do that, but that is the end goal. And they will keep pushing until they get it and they will make you grind out literally years of additional labor before you're finally able to retire. And who knows what that check will even look like at that point after they get to it. So just understand going into these midterms, the stakes almost could not be higher. I don't [00:05:52] know if you have big plans for the summer, but I do know that prices are going up, travel is getting harder. If 40 does about anything is pretty difficult. What if something could become drastically cheaper for the summer? What about your phone bill? 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The Damage Report: June 10, 2026

Hosts: John Iadarola   Guests: Sharon Reed