Sen. Bill Cassidy (R-LA) criticized President Joe Biden and former President Donald Trump's stance of doing 'nothing' on Social Security.
Sen. Bill Cassidy criticized President Joe Biden and former President Donald Trump's stance of doing"nothing" on Social Security.
"When your leading presidential candidates have made the decision to deceive the American people and to say there isn’t a problem when every actuary who looks at this says there is a problem and who is 80 years old, otherwise would be in poverty, will get a cut in benefits, by current law. It makes it hard when they are so irresponsible. It’s true for President Biden and it’s true for former President Trump," he added.
"In our big idea, we create a fund that’s separate from social security. We put in $1.5 trillion in it, and we allow it to be invested in the nation’s economy. There’s no risk borne by the beneficiary, and there's no social security dollars put into this separate fund, and we allow it to sit there, and we allow it to grow, and in the end, it helps bridge social security to sustainability. All the risk is borne by the fund," Cassidy said.
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