Elon Musk pays his Social Security contributions within something like a minute and a half of the new year. If we remove the cap on Social Security and simply didn't even raise the rate, just kept it fair that everybody pays in the same percentage, we would be able to not just protect Social Security forever and all time, we'd be able to expand benefits, and we'd allow Americans to retire even a little bit earlier. There is absolutely. There is absolutely no excuse for either children or the elderly in the state of Maine to go without heat or to go without food or to go without some kind of adequate housing. (08:48–09:08)
CLAIM
Asserts that removing the Social Security cap would protect and expand benefits.
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.