That's what the Social Security Actuary report, if you would actually read the math, actually says. They use the word exhausted because it's gone. And At that moment, you get a 25% cut in your Social Security check. And we double senior poverty in America. And yesterday we had a Social Security subcommittee hearing in the Ways and Means, and one of the members, I think Jody Arrington gets credit for this. (17:43–17:47)
CLAIM
Asserts that Social Security checks will be cut by 25% when the trust fund is exhausted.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
