I'm waiting for Chuck Todd to explain this, but Chuck Todd is an idiot. It's not gonna happen if something like that isn't done. One of the proposals that was made several years ago, and I think what DeSantis voted for, and I would have voted for it too, was to raise the retirement age to 70, to grandfather in all current beneficiaries and those who will be beneficiaries within the next 10 years, so anybody 55 and older, because it's not gonna exist. This is about changing certain variables in these programs for future generations. You know, "You want to cut Social Security and Medicare," and then we played for you with Joe Biden sitting on the floor of the Senate, that he literally wanted to cut them, he said a decade or two ago. And Joe Biden starts by attacking Rick Scott who wants to take a look at this stuff. It's gonna affect each and every one of you. We know this because of their opposition to any kind of reform. Soros and the group that he funds, Media Matters, want to see Social Security and Medicare collapse. His idea is an idea we've had for many years, and I brought this up and George Soros' Media Matters got very upset because they oppose Social Security and Medicare. Ron DeSantis is being attacked unfortunately by the Trump campaign over this, but Ron DeSantis is right. And I also told you that you're going to see a massive increase in the tax on these entitlements that will exceed 20% on you folks who pay payroll taxes. Ready for this? More than 66 million Americans would see a benefit reduction of between 23 and 25%. The acceleration towards insolvency unless major changes are made before 2034 to shore up the entitlement program. It's all focused on what they want to focus on. This is stuff that affects you directly and the mass media don't give a crap.
This is what you won't hear on Meet the Press or Face the Nation or ABC This Week. And this is going to harm us in ways you can't imagine.
This is a transition in the real sense of the term from an American – America superpower economic status to an America second-level economic status. This is something that is extremely worrisome. He just said that the entire Brazilian economy is now going to be based on the Chinese currency and not America's currency. When you look at the currency and what's happening to the currency, the communist Chinese are now stepping in and the communist who now runs Brazil, he's a communist. When the Democrats destroy the economy, they're destroying these entitlements. The acceleration toward insolvency is largely the result of a 3% downward revision of gross domestic product and labor productivity over the next decade, findings from the Social Security Medicare trustees report show. That's a year earlier than previously projected. Medicare, the Social Security Retirement Fund could run out of money as soon as 2033. This is via Fox, the trustees of Social Security. Well, I hate to bring you bad news again. We talk about the trustees and what the trustees say. We talk about that a lot here as well as Medicare.
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