This should be devastating for Donald Trump but since his cult has been trained not to believe anything bad about him, it probably won’t have much of an impact. Still, it’s pretty shocking for a man who depends on older people to vote for him:
Former President Donald Trump’s campaign plans would significantly accelerate the already-fast-approaching date when Social Security is projected to run out of money, a nonpartisan budget group said Monday.
Trump’s agenda would make the popular government program, relied upon by millions of American seniors, insolvent in six years — shrinking the current timeline by a third, the group found.
The Republican nominee’s proposals would also expand Social Security’s cash shortfall by trillions of dollars and lead to even steeper benefit cuts in the coming years, said US Budget Watch 2024, a project of the Committee for a Responsible Federal Budget.
“We find President Trump’s campaign proposals would dramatically worsen Social Security’s finances,” the CRFB budget group said in a blog post.
They didn’t find that Harris’s polities would do the same. The reasons Trump is draining the system include his tariffs, of course, but also his proposal to ends all taxes on Social Security, tips and overtime and lowering taxes on corporations.
When asked about it the campaign said that deporting migrants would restore social security solvency.
They are very, very confused because it’s obvious that Trump is just randomly pandering like crazy without any serious contemplation of the consequences of his policies. I cetainly hope no one is counting on his actually enacting any of these plans with the exception of tax cuts for corporations and rich people. But be advised that if he does it won’t be pretty.