Big Changes Coming To Social Security
Here’s what you should know…
The United States economy is currently at the brink of disaster. As a result, Republican Senator Rick Scott now believes that he has the perfect plan to “fix” Social Security and Medicare however President Biden and the Democrats are warning that he is trying to destroy it.
According to Fox, Senator Scott explained, “I have no interest in cutting the benefits of Social Security or Medicare, and we can fix this without doing that. We can live within our means. But they don’t want to. Anybody wants to keep raising the debt ceiling, spending to oblivion. They’re hurting the people they say they care about.”
Currently, United States debt is on track to reach a record 118% of GDP by 2033 and Social Security is expected to go fully insolvent by 2035.
Republicans like Rick Scott want to “balance our budget” before they raise the statutory debt ceiling.
Scott is now touting a new 12-point “Rescue America” plan which aims to “sunset” all federal legislation in half a decade EXCEPT for Social Security and Medicare.
As a result of Scott’s new proposal, President Biden and Senator Chuck Schumer accused him of trying to cut Social Security and Medicare which he has aggressively denied.
Scott added, “What we’ve got to do is balance our budget. Start right now. Go through every line in the budget. Let me give an example. We pay for 77,000 federal buildings that are empty every year. Why are we doing that? Would you do that with your money? We have almost a half a trillion dollars of programs – that were never authorized – that the executive branch is spending money on.”
