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The Hartmann Report

WILL DONALD TRUMP BREAK SOCIAL SECURITY IF HE WINS A SECOND TERM?

The Hartmann Report

Thom Hartmann

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

4.41.2K Ratings

🗓️ 9 September 2020

⏱️ 58 minutes

🧾️ Download transcript

Summary

Social Security Works President Nancy Altman published an op-ed detailing how Donald Trump could make Social Security benefits come to a screeching halt with no action from Congress whatsoever. Trump is already claiming the power to unilaterally defer Social Security contributions, and if he's reelected it would simply be a matter of continuing to do so.

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Transcript

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0:00.0

This is the Tom Hartman Program.

0:15.0

Welcome back.

0:17.0

Tom Hartman here with you on the line with us is the President of Social Security

0:20.8

Works, the chair of the Strengthen our Social Security Coalition, author of three books

0:25.4

about Social Security, Nancy Altman.

0:28.1

The website Social Security Works.

0:30.2

Her Twitter handle is Nancy Altman 5, or at SS Works.

0:36.0

Nancy, welcome back to the program.

0:37.4

I understand that Donald Trump issued an executive order that could lead to the death of Social Security or at least the Social Security trust fund within three years.

0:48.8

Do I have that right?

0:50.3

You have that right, the death of Social Security.

0:53.0

He has taken an action that's never before been taken in the 85-year history of the program,

1:00.0

unilaterally unprecedented, and more than his action.

1:05.0

When he took the action, he stated that if reelected,

1:10.0

he would do more of the same and that will lead to literally the end of Social

1:15.8

Security as we know us. Do you think that he did this in order to get Wall Street

1:20.8

to give him more money? Well, that could be, I think the reason he did it is the reason that a lot of the conservative

1:30.4

elites misunderstand the program.

1:32.7

They don't need Social Security.

1:34.2

They don't understand how important it is to virtually all of us

1:39.7

that we all contribute to it.

1:42.0

And they see it as simply a tax you know they can make it on their

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