Trump: 'We'll be cutting' entitlements like Social Security and Medicare (VIDEO)

President Donald Trump kicked off his re-election campaign by attending a town hall hosted by Fox News on Thursday.

He admitted that first on the chopping block was Social Security and Medicare.

“We — when these trade deals kick in, you know this economy is the best economy we’ve ever had. It’s nothing to what it’s going to be when the trade deals kick in,” said Trump.

“But if you don’t cut something in entitlements, you’ll never really deal with that,” said the questioner.

“We’ll be cutting, but we’re also going to have growth like you’ve never had before,” said Trump.

Trump campaigned in 2016 on protecting Social Security and Medicare - but something must have happened to his line of thinking since then and now.

But, let's not just take his word for it - let's also look at his latest budget for 2021. Social Security, Medicaid and Medicare will experience more than $1.7 trillion in cuts.

Recently, Trump proposed cutting payroll taxes to stimulate the economy in light of the coronavirus scare. Experts say this could hurt the long-term viability of Social Security. Currently, 40% of seniors rely on the program.