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The Hartmann Report

Daily Take: How Trump Ends Social Security

The Hartmann Report

Thom Hartmann

Thom Hartmann, Congress, News, The Hartmann Report, Debate, Democracy, Economics, Climate Change, America

4.38 Ratings

🗓️ 8 March 2024

⏱️ 7 minutes

🧾️ Download transcript

Summary

The GOP have been trying to gut or privatize Social Security ever since Franklin D. Roosevelt put it into place in 1935. They refer to it alternatively as a Ponzi scheme, or as socialism…

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Transcript

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0:00.0

How Trump ends Social Security.

0:03.0

Want to end Social Security?

0:05.0

Just vote for Donald Trump or pretty much any Republican this fall.

0:08.0

Every year that Donald Trump was president,

0:10.0

he proposed budgets it

0:14.0

it and it would have cut Social Security funding and benefits. In 2020 he even

0:15.2

campaigned on ending the payroll tax that funds it and Medicare altogether.

0:19.6

The Republican Study Committee which claims 175 of the House's 219 Republican members of Congress released their annual budget proposals last summer and sure to form.

0:30.0

They also called for the setup of draconian cuts to Social Security.

0:35.0

Weirdly, the title of their section of their budget that cuts Social Security is titled

0:41.3

Preventing Biden's cuts to Social Security.

0:44.4

If you're baffled by that because Biden has never called for cuts to Social Security, you live in

0:48.8

the reality-based world.

0:50.9

But in right-wing lands, Social Security is on the verge of collapse and so needs to be gutted for young people.

0:56.0

Their budget notes, quote,

0:58.0

retirement benefits as they are currently structured cost more than the revenue streams that pay for it.

1:02.0

The reforms in the

1:03.5

RSC budget would not affect benefits for any senior in or near retirement. In

1:09.2

other words, the system's going broke and we're going to gut it but not for the older voters the

1:13.3

GOP needs will just stick it to Gen Z and X and the millennials with the pain

1:18.7

similarly project 2025 the nearly 900 page right-wing blueprint for gutting the American middle

1:24.7

class ending voting rights imposing Christianity on all Americans killing

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