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John,
Since Social Security’s Chief Actuary sounded the alarm that Trump’s plan to defund Social Security would eliminate benefits by the end of his second term, Social Security Works members have made nearly 2,000 calls to Senators telling them to STOP Trump’s scheme!
Together, we’re going to save Social Security from Donald Trump. Chip in $7 today!
Read more about the Actuary's letter below:
Thanks,
Michael Phelan
Social Security Works
--ALEX'S EMAIL--
John,
The Social Security Administration’s Chief Actuary, Stephen C. Goss, released a letter last night warning that Donald Trump’s plan to terminate Social Security’s dedicated funding will destroy Social Security long before Trump’s second term is up.1
The best way to save Social Security from Donald Trump is to be honest and frank about what his plans entail―we’re ringing the alarm! Chip in $7 to save Social Security from Trump!
Goss’s letter states that if Social Security’s funding were terminated, as Trump has repeatedly proposed, that Social Security’s Disability Insurance trust fund would be depleted by 2021, and the Old Age and Survivors Insurance trust fund would be left “with no ability to pay benefits” after 2023.
Donald Trump has shown himself to be the “damn politician” that FDR warned about: one who would rob Americans of their “moral, legal, and political rights” to Social Security.
Worst of all, Trump has claimed the authority to defund Social Security with no action from Congress whatsoever. By instructing the IRS to defer collecting Social Security contributions for up to a year, he can fully defund and destroy Social Security’s disability insurance, provoking an immediate crisis that could force legislation cutting benefits or privatizing the program.
Let’s be clear: Social Security is on the ballot this November. Donald Trump has shown himself willing to undermine the post office, the free press, and other institutions. If he’s reelected, our Social Security system is his next target. Everyone should listen to Social Security’s independent Chief Actuary and alert your friends and family: If Donald Trump wins reelection, Social Security will be at his mercy.
RING THE ALARM: The Social Security Administration is warning that Trump’s scheme to defund Social Security would leave its trust fund fully drained by 2023. We need to stop him NOW! Chip in $7 to save Social Security from Donald Trump!
Goss’s letter was written in response to a request from Democratic Senators Bernie Sanders, Ron Wyden, Chuck Schumer and Chris Van Hollen. We’re working closely with their offices to make sure that the American people know that Social Security is on the ballot!
Together, we’ll stop Trump’s scheme.
Thanks,
Alex Lawson
Social Security Works
1 https://www.ssa.gov/OACT/solvency/VanHollenSandersWydenSchumer_20200824.pdf
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