But it is so hard to even get a reasonable conversation across the political spectrum, to just even get people to acknowledge that Social Security and Medicare go insolvent in eight years. 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. (16:13–16:23)
CLAIM
Asserts that Social Security checks will be cut by 24% automatically if insolvency occurs.
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.
