Cenk Uygur
@TheYoungTurks·6.5M subscribers·72.8K videos
Biden May Have Just DOOMED The Entire Social Security System
Posted
June 27, 2022
Views
71,837
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3,574
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June 27, 2022
71,837
3,574
1,338
6.84%
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7:27Now PlayingPresident Biden has nominated a proprivatization of Social Security goon named Andrew Biggs to the traditionally bipartisan Social Security Advisory Board that oversees the Social Security system. Biggs has been a longtime proponent of 401k retirement plans and raising the retirement age in addition to dismissing the retirement crisis and blaming older Americans for causing problems with the Social Security system. Ana Kasparian discusses on The Young Turks. Watch LIVE weekdays 68 pm ET.
Read more HERE:
"Last month, President Joe Biden nominated a longtime advocate of Social Security privatization and benefit cuts to a key board overseeing the Social Security system. The move comes as Republicans get ready to push cuts to Social Security and Medicare, if they end up winning control of Congress during the November’s midterms, as expected.
The development suggests that there could soon be a coordinated push in Washington to cut the Social Security program, which provides retirement, disability, and survivor benefits to 66 million Americans.
On May 13, Biden chose to nominate Andrew Biggs, a fellow at the right-wing American Enterprise Institute think tank, for a Republican seat on the bipartisan Social Security Advisory Board, which was created in 1994 to consult the president and Congress about the Social Security system.
For years, Biggs has been a vocal critic of expanded Social Security and workers’ right to a secure, stable retirement free from the vagaries of the stock market. He has dismissed the retirement crisis as a non-issue and as recently as 2020 blamed problems with the Social Security system on “older Americans’ game of chicken.” And two decades ago, Biggs worked on a Bush administration commission that pushed to privatize Social Security."
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