The rest of the shortfall can be taken care of three ways. One is reducing some of the wasteful spending and putting that money towards Social Security, which I'll be a leader in. Number two is If we change how Social Security inflation cola is figured, that will take care of most of the rest of it. quite frankly. So Romina Bacha, who works at Cato Institute, has done a lot of work on this. It's a little in the weeds. But that's one thing. (19:56–20:06)
CLAIM
Asserts that changing the calculation of Social Security inflation adjustments could address most of the shortfall.
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.
