Treasury goes out and borrows the money, but they get that plus interest in seven years. They have no more special T bills to cash in with the general fund at treasury In seven years, if you get a Social Security check, you're taking a 21% cut. We will double senior poverty in America in seven years. Double senior poverty. This is a really moral place. (13:28–13:36)
CLAIM
Asserts that Social Security recipients will face a 21% cut in benefits in seven years.
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