Trump’s Bad Economic Plan - a Path to Quick Social Security Insolvency, David Cay Johnston, 10/22/24

The Mark Thompson Show

If Donald Trump is allowed to move forward with his plan for the economy, nonpartisan budget watchdog group “The Committee for a Responsible Federal Budget” says it would push Social Security to insolvency three years earlier than expected and would cut benefits by nearly a third. Between Trump’s plans for mass deportations, tariffs and tax cuts, the Social Security program’s trust fund would dry up by 2031 unless Congress refunds it. While Social Security is in trouble, Trump’s plan would hasten its demise.
We’ll run it past Pulitzer Prize winning author and investigative journalist David Cay Johnston.
The Mark Thompson Show
10/22/24
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