
December 26, 2023
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3:37Now PlayingDonald Trump reveals his policy plans for counteracting social security funding concerns, by pushing an oil drilling stunt that wouldn't prove helpful if enacted in order to win over voters with pretend plan. John Iadarola and Brett Erlich break it down on The Damage Report.
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Donald Trump Reveals Plans for Social Security
"Former President Donald Trump rejected assertions that he'll have to make changes to Social Security if he wins in 2024 because America is sitting on a pot of gold.
Social Security's future has been called into question for years given the significant costs associated with the program. The fund has been dipping into reserves when the revenue it collects falls short of the amount it pays out and it's projected to dry up in 2033 if no action is taken.
Politicians are unlikely to let the fund run out given the program's popularity, but Social Security's insolvency problem has 2024 candidates flirting with the "third rail of American politics.""
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