He didn’t do anything of the sort. The speculation is because of the payroll tax cut there won’t be enough money, but the system is solvent for many years to come.
There will be higher age requirements and lower payouts, but that has nothing to do with Trump. SS is a scam at this point anyway. There’s too many old people and it takes 8 workers to pay for one recipient. It will cease to be a program in the next several decades.
Generally, Social Security is funded through the payroll tax. So the media (of course) screamed that Trump was bankrupting SS. However, Trump noted several times he would be funding SS through the general fund during the payroll tax cut. Which, btw, was exactly what Obama did when he cut the payroll tax. Very easy to google.
Thanks for explaining. I didn't even know the details and I was right! It IS opinion being reported as fact! We know the goddamn enemy better then they know themselves!
He didn’t do anything of the sort. The speculation is because of the payroll tax cut there won’t be enough money, but the system is solvent for many years to come.
There will be higher age requirements and lower payouts, but that has nothing to do with Trump. SS is a scam at this point anyway. There’s too many old people and it takes 8 workers to pay for one recipient. It will cease to be a program in the next several decades.
Generally, Social Security is funded through the payroll tax. So the media (of course) screamed that Trump was bankrupting SS. However, Trump noted several times he would be funding SS through the general fund during the payroll tax cut. Which, btw, was exactly what Obama did when he cut the payroll tax. Very easy to google.
Thanks for explaining. I didn't even know the details and I was right! It IS opinion being reported as fact! We know the goddamn enemy better then they know themselves!
4 more years.
Never said anything of the sort. Not even close.