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John,
Donald Trump’s Treasury Secretary, Scott Bessent, just made a shocking admission on stage at a Breitbart convening. Describing a new savings vehicle created by the Medicaid-destroying Big Ugly Bill, he boasted:
In a way, it is a backdoor for privatizing Social Security.
He really said that. And he was EXCITED.
Don’t believe us? Watch the video for yourself, then chip in $5 to STOP Trump’s Social Security privatization scheme!
Trump’s Big Ugly Bill is already part and parcel of his war on seniors. He’s slashing $1 trillion from Medicaid, the largest provider of long-term care in the country. His bill triggers an automatic $500 billion cut to Medicare. And he let Elon Musk push out 7,000 employees who make sure Social Security checks go out on time, while allowing Musk’s DOGE kids to root around in our private data.
Generations of Americans built our Social Security system over the last 90 years to be the one reliable part of our retirement system. Personal savings can run out. The stock market can crash. Ask anyone with a 401k retiring in 2008 how they would have felt if George W. Bush’s privatization plan went through. Social Security is the bedrock of our retirement system. The only problem is that its benefits are too low because the wealthy are hoarding the money.
We will NOT stand by and let them privatize our Social Security system. Social Security Works is fighting back. Can you chip in $5 to rally the opposition?
Thank you,
Michael Phelan
Social Security Works
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