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Gwen Moore: “In the meantime, it would cost the [Social Security] trust…”

Featuring: Gwen Moore, Democratic | U.S. House, Wisconsin, District 4

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Congressional Hearing on Social Security Concerns Involving Trump and Musk

Published | Video Starts at 07:42

And that, of course, would help people making 20, 30 thousand dollars immediately. But in the long run, they would be hurt the most and wealthy people would. Would be helped the most. But In the meantime, it would cost the [Social Security] trust fund $1.5 trillion to do that. You know, watch what they do, not what they say. That would undermine Social Security tremendously. The Social Security payment accuracy is about 99.8.8%. (07:42–07:51)

CLAIM

Asserts that cutting taxes on Social Security would cost the trust fund $1.5 trillion.

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.


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