That's about $130 billion over 10 years in reduced spending. But he's increasing taxes by over a trillion. By the way, The deficit in Social Security over the next 10 years will be about 1.3 trillion. So the chain CPI would take care about 10% of that. I think that's my main point. You know, you take a look at these 10 year numbers, but you really have to take a look at what does his budget propose. (01:15–01:20)
CLAIM
Asserts that Social Security will have a deficit of about 1.3 trillion dollars over the next 10 years.
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