Trump's scheme would result in 30% cut in Social Security benefits

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Cypress

Well-known member
Trump has promised to protect Social Security. His proposals could lead to benefit cuts in 6 years

Former President Donald Trump has long vowed to protect Social Security. But the bevy of tax breaks he’s promised – including pledging to stop taxing Social Security benefits – could hasten the depletion of the beloved entitlement program’s trust funds and leave seniors with smaller monthly payments.

Trump’s platform would drain critical tax revenue from Social Security’s trust funds, leading them to run out of money by 2031 – three years earlier than currently projected, according to a new analysis from the Committee for a Responsible Federal Budget, a nonpartisan government watchdog. That would force a roughly 30% cut in benefits unless Congress acts.

“I don’t think I’ve ever seen a plan that would have this big of a negative effect on solvency in a general election campaign,” Marc Goldwein, the committee’s senior policy director, told CNN.


 
Cypress said:
Trump has promised to protect Social Security. His proposals could lead to benefit cuts in 6 years

Former President Donald Trump has long vowed to protect Social Security. But the bevy of tax breaks he’s promised – including pledging to stop taxing Social Security benefits – could hasten the depletion of the beloved entitlement program’s trust funds and leave seniors with smaller monthly payments.

Trump’s platform would drain critical tax revenue from Social Security’s trust funds, leading them to run out of money by 2031 – three years earlier than currently projected, according to a new analysis from the Committee for a Responsible Federal Budget, a nonpartisan government watchdog. That would force a roughly 30% cut in benefits unless Congress acts.

“I don’t think I’ve ever seen a plan that would have this big of a negative effect on solvency in a general election campaign,” Marc Goldwein, the committee’s senior policy director, told CNN.


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Still lying, even after the major ass whipping. Leftists never learn...
 
Cypress said:
Trump has promised to protect Social Security. His proposals could lead to benefit cuts in 6 years

Former President Donald Trump has long vowed to protect Social Security. But the bevy of tax breaks he’s promised – including pledging to stop taxing Social Security benefits – could hasten the depletion of the beloved entitlement program’s trust funds and leave seniors with smaller monthly payments.

Trump’s platform would drain critical tax revenue from Social Security’s trust funds, leading them to run out of money by 2031 – three years earlier than currently projected, according to a new analysis from the Committee for a Responsible Federal Budget, a nonpartisan government watchdog. That would force a roughly 30% cut in benefits unless Congress acts.

“I don’t think I’ve ever seen a plan that would have this big of a negative effect on solvency in a general election campaign,” Marc Goldwein, the committee’s senior policy director, told CNN.


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I give Trump until Spring to break all of his campaign promises. He'll make token efforts, but when the results are felt, he'll back off faster than a cat jumping onto a hot stove.
 
Dutch Uncle said:
I give Trump until Spring to break all of his campaign promises. He'll make token efforts, but when the results are felt, he'll back off faster than a cat jumping onto a hot stove.
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Okay, so MAGA morons don't expect Trump to keep promises, and pray that he will leave liberal programs like Social Security alone.
 
Cypress said:
Okay, so MAGA morons don't expect Trump to keep promises, and pray that he will leave liberal programs like Social Security alone.
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Oh, I expect the MAGAts to believe Trump will keep his promises. It's just that when the reality sets it, they'll forgive Donnie for backing off on all of them.

Again, and I can't say this enough, MAGAts aren't very bright.
 
TOP said:
They were so sure she was gonna win.... They just don't know what to do...
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The media gaslighted the public for so long. All of the insane lib meltdowns you see on social media are a result of individuals completely brainwashed by the media.

And just like that. It is all over. The nightmare is over and in resounding fashion.
 
Life is Golden said:
You're on the wrong side of history, again. Wokeism was rejected by the nation. It's over.
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It's one election. Dems have had the WH for 12 of the last 16 years, and they'll have it again at some point in the not very far future. It's how things work in America. There really isn't a "wrong side of history" politically.

Though, I remember conservatives using that same phrase for opponents of the Iraq War - which most on the right now pretend they never supported.
 
Cypress said:
Trump has promised to protect Social Security. His proposals could lead to benefit cuts in 6 years

Former President Donald Trump has long vowed to protect Social Security. But the bevy of tax breaks he’s promised – including pledging to stop taxing Social Security benefits – could hasten the depletion of the beloved entitlement program’s trust funds and leave seniors with smaller monthly payments.

Trump’s platform would drain critical tax revenue from Social Security’s trust funds, leading them to run out of money by 2031 – three years earlier than currently projected, according to a new analysis from the Committee for a Responsible Federal Budget, a nonpartisan government watchdog. That would force a roughly 30% cut in benefits unless Congress acts.

“I don’t think I’ve ever seen a plan that would have this big of a negative effect on solvency in a general election campaign,” Marc Goldwein, the committee’s senior policy director, told CNN.


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You're nothing but a fear mongering.
 
Cypress said:
Trump has promised to protect Social Security. His proposals could lead to benefit cuts in 6 years

Former President Donald Trump has long vowed to protect Social Security. But the bevy of tax breaks he’s promised – including pledging to stop taxing Social Security benefits – could hasten the depletion of the beloved entitlement program’s trust funds and leave seniors with smaller monthly payments.

Trump’s platform would drain critical tax revenue from Social Security’s trust funds, leading them to run out of money by 2031 – three years earlier than currently projected, according to a new analysis from the Committee for a Responsible Federal Budget, a nonpartisan government watchdog. That would force a roughly 30% cut in benefits unless Congress acts.

“I don’t think I’ve ever seen a plan that would have this big of a negative effect on solvency in a general election campaign,” Marc Goldwein, the committee’s senior policy director, told CNN.


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I see why you are so uninformed and make so many brainless comments. You get your propaganda from CNN.

Social Security is funded by income that has already been taxed. There is no reason to tax it over and over again.

We do not have a revenue problem and SS could be fixed by simply ending all the wasteful spending Democrats always engage in when they get the opportunity.

This analysis is terribly flawed because, as any typical leftist think tank, it focuses on the REVENUE side and not the SPENDING side.

SS would be solvent had it been managed like a real retirement plan. Instead, the Democrats treat it as a convenient source of funds when they refuse to produce a balanced budget. It's quite the scheme. They take the money, hand the US taxpayer and IOU, which in turn, the interest on that debt is forced on those taxpayers.

If you or I attempted such a scheme, we would get arrested and jailed.
 
Cypress said:
MAGA morons
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Projection. No one illustrates what "moron" is better than you.

Why does Make America Great Again trigger mentally unhinged leftists like you? Very curious.

Cypress said:
hate government programs invented by liberals,
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Let's be clear, neither you or any of the Marxist dunces in the Democratic Party are liberals.

Government programs do nothing to lift people out of poverty. Name one nation that taxed its citizens into prosperity.

The Constitution clearly lays out what the duties of the Federal Government are. Making its citizens wards of the state is not one of them. Redistribution schemes to help Democrats dupe voters into electing them is not one of them.

I wish you were as smart as you foolishly believe yourself to be. But patently dumb, naive and uneducated are the only adjectives that come to mind.

Cypress said:
I assume they knew they voted November 5 to torch everything
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Wrong. But then, when are you ever right about anything. We voted to fix what Biden/Kamalalala broke.

You will screech, kick and pound your tiny insignificant little fists into the table for the next twelve years on into the JD Vance Presidency, and still look childish, naive, silly and foolish.
 
Dutch Uncle said:
I give Trump until Spring to break all of his campaign promises.
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No one gives a shit what you want, you unhinged loon. He'll get done what he can get done. You'll still be an unhinged lying leftist loser screeching, crying and pounding your tiny insignificant little fists into the table on this forum.

Dutch Uncle said:
He'll make token efforts, but when the results are felt, he'll back off faster than a cat jumping onto a hot stove.
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We can be comforted by the fact that you are never right about anything. As most of your posts, this one will not age well.
 
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