this post was submitted on 18 Dec 2024
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Summary

At the first meeting of the DOGE Caucus, a new congressional group focused on government efficiency, Republican Rep. Greg Lopez stated that cuts to Social Security and Medicare are likely “on the table” as part of debt reduction efforts.

The caucus, led by Elon Musk and Vivek Ramaswamy, aims to slash government spending, raising concerns among advocacy groups about potential attacks on anti-poverty programs.

Critics, including Social Security Works, warn the caucus may push for privatization and benefit reductions.

This comes despite Trump’s prior commitment to protect these programs.

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[–] [email protected] 31 points 8 hours ago (2 children)

That's not completely true. Social Security is supposed to fund itself, however it's currently facing a funding shortfall with current estimates that it will be depleted in 2035. There are many suggestions on how make this program solvent, including bolstering it with general funds.

[–] [email protected] 19 points 5 hours ago

That's not completely true. Long ago they put it into the general fund. There is always a shortfall in the general fund. Before they put it in there it was solvent, and if they wouldn't have it would be completely solvent today.

It was already stolen. They want the rest.

[–] [email protected] 79 points 7 hours ago (1 children)

I think a good start would be to stop allowing Republicans to raid Social Security for quick cash, like they've been constantly doing since the Reagan administration.

[–] [email protected] 38 points 7 hours ago

But then how could they argue it's insolvent‽