Cenk Uygur
@TheYoungTurks·6.5M subscribers·72.8K videos
Paul Ryan Wants To Cut Social Security
Posted
December 25, 2015
Views
87,775
Likes
1,713
Comments
616
Engagement
2.65%
December 25, 2015
87,775
1,713
616
2.65%
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5:35Now Playing"The budget deal struck between Republican congressional leaders and the White House on Monday night would negate a previous GOP ploy to stage a crisis in Social Security funding next year.
The deal will prevent a benefits cut by transferring funds from the main Social Security trust to the Social Security Disability Insurance (SSDI) trust, which would otherwise run short of funding next year and be forced to cut payments to beneficiaries by 20 percent. Congress has used that rudimentary policy solution to the shifting tides of financing between the two Social Security trust funds for decades, but Republicans had moved to block such a transfer back in January in hopes of creating a high-pressure legislative crisis around the disability program.”*
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John Iadarola (Think Tank), Jimmy Dore (The Jimmy Dore Show Podcast), and Margaret Howell (The Lip TV), hosts of the The Young Turks, break it down. Tell us what you think in the comment section below.
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