Trump Faces Big Social Security Problem

( – In 1935, former President Franklin D. Roosevelt signed the Social Security Act into law. Since then, money has been taken out of every working person’s paycheck to fund the program. When Americans hit retirement age, the government pays that money back as an income that millions of retirees rely on to live. Recently, former President Donald Trump made statements about the program that worried many US citizens.

On March 11, the presumptive GOP presidential candidate spoke via phone on CNBC’s “Squawk Box,” where he was asked how he planned to fix Social Security, Medicare, and Medicaid solvency problems. Trump stated “a lot” could be done “in terms of entitlements, in terms of cutting.”

That statement set off a firestorm of panic from people across the nation. The former president’s campaign quickly clarified Trump’s statement on the show, saying he was only talking about “cutting waste and fraud.” However, the correction did little to assuage fears.

President Joe Biden’s campaign was also quick to respond to Trump’s words, tweeting out the video with the caption, “Not on my watch.” The president himself also addressed the issue directly, stating during a New Hampshire speech that he would stop anyone who “tries to cut Social Security,” “Medicare, or raise the retirement age.”

White House spokesman Andrew Bates stated Republicans overall want to cut the programs. However, Trump campaign spokeswoman Karoline Leavitt hit back, stating that Biden was the real threat to Social Security and Medicare. She said Trump already protected the programs during his first presidential term and will continue to do so in his second.

Retirement Genius President Chris Orestis told Newsweek that Trump’s words prompted people to look at his previous statements and actions regarding entitlements, a move he believes will not bode well for the former president. Orestis believes those who oppose Trump will use his own words about the matter to sway seniors toward Biden.

~Here’s to Our Liberty!

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