Donald Trump warned Tuesday that if the Democrats don’t approve funding, there are dangers to the future of Social Security and Medicare.
Trump said at a press conference that when he asked Democrats for feedback on the funding bills, one said, “It means death.”
“There’s nothing about death,” Trump said. “Theirs is death because they’re going to lose Medicaid, they’re going to lose Social Security, they’re going to lose Medicare, all of those things are going to be gone because the whole country would be bankrupt, and you’re not going to have any kind of medical insurance.”
Yes, but the money you get isnt enough to live on when retired. You need huge savings and possibly keep on working into yoyr 70s and 80s
I know. If I ever make it to age 72 my monthly SS will be $2k/month which will probably have the spending power of $50 by then, based on inflation. Even $2k/month now, wouldn’t be enough to survive on by itself.