In eight years they go insolvent. And when that happens on Social Security, automatically, without any congressional action, Grandma and grandpa's check gets cut by 24% automatically. And so like, We're having a one party conversation right now about the $1.7 trillion worth of cuts that are in the House reconciliation package. And it's been hard. I mean, every single one of those cuts is opposed by folks on the other side of the aisle. And I get. (16:25–16:33)
CLAIM
Asserts that there is a $1.7 trillion worth of cuts in the House reconciliation package.
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.