Kim Perales on Nostr: It's no wonder why many seniors are voting for #Harris. #TFG's proposals to eliminate ...
It's no wonder why many seniors are voting for #Harris.
#TFG's proposals to eliminate taxation of SS benefits, end taxes on tips/overtime, impose tariffs, & expand deportations -would widen SS’s cash deficits. We find:
⬆️SS's 10-yr cash shortfall by $2.3T thru FY 2035.
Advance insolvency by 3 yrs, from FY 2034 to 2031 –hastening the next Pres' insolvency timeline by 1/3. Lead to a 33% across-the-board benefit cut in 2035, up from the 23% CBO projects under cur-.
#USPol
https://www.mediamatters.org/fox-news/new-analysis-shows-trump-would-devastate-social-securitys-finances-debunking-maga-talking
#TFG's proposals to eliminate taxation of SS benefits, end taxes on tips/overtime, impose tariffs, & expand deportations -would widen SS’s cash deficits. We find:
⬆️SS's 10-yr cash shortfall by $2.3T thru FY 2035.
Advance insolvency by 3 yrs, from FY 2034 to 2031 –hastening the next Pres' insolvency timeline by 1/3. Lead to a 33% across-the-board benefit cut in 2035, up from the 23% CBO projects under cur-.
#USPol
https://www.mediamatters.org/fox-news/new-analysis-shows-trump-would-devastate-social-securitys-finances-debunking-maga-talking