4.8 • 965 Ratings
🗓️ 21 June 2025
⏱️ 4 minutes
🧾️ Download transcript
Let's talk about Trump ending Social Security through inaction....
Click on a timestamp to play from that location
0:00.0 | Well, howdy there, Internet people, it's Bell again. |
0:05.0 | So today, we're going to talk about Trump ending Social Security through inaction. |
0:12.0 | Medicare and Social Security's Go-Broke date is right around the corner. |
0:17.0 | The go-broke date is the point in time when the services you've paid for will not have enough |
0:22.5 | money to pay full benefits. Medicare will be unable to provide full benefits just eight years |
0:29.1 | from now. Social Security will have to cut those meager benefits by about a fifth in just nine |
0:35.5 | years. The time to fix this is now, right now. |
0:41.0 | Trump's team put out a full court press talking about how they're going after waste. |
0:46.2 | Let me say this clearly. |
0:48.3 | That's not enough. |
0:49.8 | That won't move the needle. |
0:51.8 | If they eliminated all waste today, it might change the week |
0:56.0 | payments get cut, but not the year. Instead, Trump's agenda will actually make it impossible |
1:02.6 | for the federal government to react later. The new Congressional Budget Office numbers show |
1:09.0 | that, surprise, Trump's one big beautiful bill |
1:13.0 | will increase the deficit by even more than initially thought. The deficit increase over |
1:19.3 | the 10 years of the window is now $2.8 trillion. That's an additional $2.8 trillion over the |
1:26.9 | current deficit spending. So during the exact time |
1:31.0 | period in question, rather than working to shore up Social Security and Medicare, Trump's agenda |
1:37.6 | will make it to where the future government can't act. The longstanding belief is that it it'll work out and that the government would never just |
1:47.3 | allow those payments to be cut. Yes, they will allow it, and they're doing it right now. |
1:54.9 | The bond market is showing that the U.S. is nearing the end of its credit line. Trump, sending the country further into debt so |
... |
Transcript will be available on the free plan in 25 days. Upgrade to see the full transcript now.
Disclaimer: The podcast and artwork embedded on this page are from Beau of The Fifth Column, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Beau of The Fifth Column and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2025.