Breaking Christian News

Treasury Sec. Yellen: Biden Has NO Plan to Save Social Security

Newsmax Finance : Mar 27, 2024
Newsmax.com

"...When Social [Security] goes broke in nine years under current law, there's a 24% cut in benefits for people who are currently receiving ... In the $4.5 trillion of taxes [Biden] has proposed are any of those taxes going to shore up Social Security? The answer is of the $4.5 trillion in taxes he has proposed, not a dime is going to shore up Social Security." -Senator Bill Cassidy (R-LA)

[Newsmax.com] During a recent Senate Finance Committee hearing in Washington, DC, Treasury Secretary Janet Yellen acknowledged that while ...Joe Biden has outlined principles, there isn't a concrete plan in place to prevent Social Security from facing insolvency in approximately a decade. (Screengrab image)

Yellen's remarks came amid discussions about Biden's fiscal year... Subscribe for free to Breaking Christian News here

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