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Nathaniel Moran: “By 2033, Social Security falls off a cliff because it runs…”

Featuring: Nathaniel Moran, Republican | U.S. House Texas, 1st Congressional District

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Town Hall with Congressman Nathaniel Moran in Texas: Federal Issues, Education, and Economic Policies

Published | Video Starts at 27:39

So one of the things that we gotta look at going forward to 2033 is this issue right here that if you look at anybody, Democrat, Republican, numbers, it doesn't matter. By 2033, Social Security falls off a cliff because it runs out of money. And so what you end up having to do is at that point, there's an automatic reduction of benefits. We don't want to see that. We want to preserve. (27:39–27:46)

CLAIM

Asserts that Social Security will face a financial crisis by 2033.

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Nathaniel Moran

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