Michael Bloomberg: Cut Social Security And Medicare

Michael Bloomberg
Photo credit Getty Images

Former New York City Mayor Michael Bloomberg once suggested cutting Social Security and Medicare, but criticized President Donald Trump for supposedly suggesting to do the same thing (which he didn't).

In an interview with Fox News Sunday in 2011 - which was clearly a banner year for him - Bloomberg said, "We cannot continue to say we’ve got to cut, but we can’t touch Medicare and Medicaid, Social Security, defense. That’s virtually 90 percent of all of our spending."

WATCH.