On the recordMarch 20, 2024
The President has proposed having people once they make $400,000, pay again into Social Security.
Said by
Martin O'Malley
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congress.govThe President has proposed having people once they make $400,000, pay again into Social Security.
Mentioning the President's proposal for higher earners to contribute to Social Security.
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More from Martin O'Malley
Everybody who can is going to take that early out, but I think that 7,000 number is conservative.
The biggest threat to Social Security is that they are going to crater the agency by driving 10,000 people out of it.
At this rate, [‘DOGE’] will break it. And they will break it fast, and there will be an interruption of benefits.
They are driving people out there with a viciousness that I believe will collapse the agency…. We have a 50-year low in staffing while the Baby Boomer generation is swelling their ranks.