I did just four years ago,” he declared. “Our wonderful older people will be secure and content. Additionally, they will get payment from Social Security and Medicare.”
According to a new analysis by the nonpartisan Committee for a Responsible Federal Budget (CRFB), Social Security beneficiaries would see a 21% reduction in benefits if a vital trust fund—
which is expected to run out in 2033—runs out. According to the research, Social Security was giving out more benefits than it was now getting in payroll taxes.
Trump has previously pledged to eliminate Social Security levies. “SENIORS SHOULD NOT PAY TAX ON SOCIAL SECURITY!”
he stated on the internet in July. The average Social Security payout, which is predicted and varies every month, was $1,907 in January 2024.
