mousavi, the problem of social security is very sharp. what is the problem of social security? of course, in my opinion, we should start by asking what is the state of social security in the current situation and how did we find a shop in this situation and under these conditions. and the strategies for the future of social security are a very wide field, we must deal with these strategies in any case. what is the reality of these strategies in the 13th people's government? it has been heard many times that one of the fundamental issues of governance and governance is the issue of funds and social security from the same air of science as the developments. it has been done and the responsibility has been placed on us by focusing on the same problem that hazrat ali says and the challenge that the social security field has to deal with , we found strategies to face it. one of the basic problems and challenges that we faced was the imbalance of resources , especially the liquidity needed to fulfill the obligations that this discontent and the pressure of this problem unfortunately

social security is supposed to go bankrupt in 10 years. if you're 55, you have no idea what your benefits are going to be. on behalf of the american people, they should fix social security. the same is true of medicare. medicare by itself is responsible for one third of all federal debt outstanding. it was never meant to be financially sustainable. it is time to get serious about making it sustainable. it's going to take more taxes and reforms to spending programs. host: let's talk to callers. stephanie is up first in brooklyn, new york. good morning. caller: i am listening to the conversation, and as a retiree, and i received social security and pension, but -- and a pension, but all the years i have been paying into social security and medicare, having it taken out of my paycheck, and you are telling me, during the bush administration, the republicans have taken from social security for many years. they owe us because the government took from social security. that is why it has not grown. that is why the money is not there, because they

it's so easy to demagogue social security and say you're going to take benefits from the old people. and yet that's exactly what president trump, president biden are doing by not to do anything about social, because there's going to be benefit cuts in ten years. you begin your book and this is quote from barack obama that there is no problem cannot solve when we together. so on the issue of social security, what has to happen and how do you create that political capital to solve the problem beyond 2032? i mean, as bill was saying, thank you, bill, for leading that for the staff because it was a it was a pretty it took two years for it to come through. we had 19 members leading politicians. the two public trustees of social security. by the way, there hasn't been a public trustee of social security since 2015, which is one of our problems. there's just they don't even appoint a trustees at this point. the to do it is you really have to reach a compromise. and i think it will take a commission and we have. and you know, my thought would be maybe out of this debt ceiling fiasco that cong

i said that i don't have a contract with the social security and the social security was 400. i was released. the patient comes from the clinic he will go and tell him that he does not have a contract with the insurance company. the deputy of social security of tehran province says that the contract with the pharmacies, prioritizing the pharmacy, are in our waiting line. in areas where people have a lot of needs, in principle , it does not take about three months, but within a month at the most. that the request for a contract is done until the contract is concluded, but we went one floor below mr.'s office with a hidden camera along with a pharmacist to follow up the contract with sarmad insurance in which film according to the insurance budget law, it should be done at the same time as setting up centers and medical institutions with them let 200 pharmacies sign a contract only in tehran on the contract page with social security. let's assume that on average 50 sports prescriptions per day will be considered free at least 300 thousand tomans. that is 90 billion tomans per mo

their important present social security and the national pension fund are for the social security of retirees. social security is good and they do not have supplementary insurance. they do not have facilities and amenities and tourism . retirees of social security have a lower paycheck than elsewhere in the film. doing programs is on the agenda. social security always wanted to consider a special program for retirees. outpatient and surgical removal of the facilities and this year they have been proud of 20 million years out of the last 12 million years and today they are going to announce their own special program . very good. how is it? thank you very much, mrs. gerdiye , to all the journalists and social welfare of the sed and sima news agency who were with us and in the ceremony honoring the retirees that will be held today, he has expressed some points for us and you. stay with us . good morning. let's go to alachiq . let's meet the news reporter and the sports section of today's program together . dear and honorable international competitions with the end of the free competitio

environment and social security was held. this meeting had a resolution and it was approved that the former procedure should be implemented for 3 months and the social security accepted this, but after those 64 series, when these former documents were presented to the social security administration , unfortunately, you refused to offer their insurance renewal , which we do not know. mr. farhadi, can you hear the sound of my heart for you? we discussed it for a moment and i quickly said that no, the social security office is still trying , and the follow-ups we had were decided that today at 11 o'clock, this issue will be discussed with the presence of the officials of the environmental department of khuzestan province and also social security administration abadan governorship should be investigated, we hope it will come to a conclusion, but we are still following this case. when you said that some fishermen have insurance problems , there are 5 boat cooperatives, according to the officials of the cooperatives, 5 of them have

we talked about social security for a while. and delighted to see my friends are worried about the state of the republican majority. i think it will do fine. while the process as always in congress can look from the outside as chaotic or sometimes contradictory, the reality is we tend to work towards things. we have gotten this bill done for 62 years in a row for a reason. it didn't matter who was the majority, who was the minority. what the administration was. i suspect the thing that's going to happen this way again this time. and along the course of that we will have a robust debate. there will be things today we'll mostly talk about things we agree on, as we know. that's a good thing. there will be things we disagree on. and that's fine, too. and i remind my friends on my side of the aisle that winning here isn't necessarily winning. it just gets you to the next stage of the contest. the senate will be moving on its version of the ndaa. we'll sit down in conference. and see what the real final product is. some of the things

group, the social security investment company, today it rained. mortazavi said, solving the problem of providing medicine, resolving the disparity of the social security fund and settling the debt of refah bank shows that we are not without a plan, you are the biggest debtor. in history it was to the banks operating the social security organization. with the efforts of the heads of the forces, last year we were able to approve nearly 100 thousand billion tomans of the social security organization 's debts . upon request the government is going to reduce water consumption in the agricultural sector by about 18% during the seventh plan to reach about 65 billion cubic meters per year. the spokesman of the seventh plan consolidation commission also said that if the specialized committees and the government can conclude issues such as the salaries and wages of retirees and energy carriers, the review of the seventh plan bill will be completed by the end of next week. otherwise, the review time will be extended by another one to two weeks . military pol

they might have social security. so you want to have minimally, i think if you live on the east coast of the west coast, you know, $11.00 and a half to $2000000.00. think you're talking about living and traveling. you want to talk about what kind of confused if it's likely to austria or a switch. so you might be $3000000000.00. if it's good to these, you know, let's assume it's, um, a mexico or like, you know, the central american country, like you know, course, the rica you might need a little bit less than that depending on what your, your, what the cost of living are. so it depends on a lot of factors and how kind of want to estimate the amount of money needed for a comfortable retirement when inflation and the cost of living just keeps on going up and up and an accelerated rate. well, here's the good thing is that we do a lot of modeling on retirement projections. so we could say ok, this person makes x amount of dollars. now they're assuming they're gonna, they're, they're bills or let's say 60 or 70 percent of

company and the subsidiaries of the social security company and the subsidiaries of the social security company , we were not able to solve the problem of supplying our banks and the social security fund. yima the islamic council condemned the head of the judiciary for insulting the qur'an and said that muslims and insulting the qur'an will not be forgotten, and it is not easy. the country of sweden should not deal with this criminal as soon as possible. he should not punish himself, or he should punish others, or he should give a light 1 li and guarantee that such a thing will not happen again in their country. otherwise, they can be sure that they will be punished in the world . you will forget, i will forget, mr. mohseni at the meeting of the supreme council of the judiciary, ajei also said that the stock market and space constructions are being discussed in cyberspace, which has caused people's concern. the head of the judiciary ordered the general inspection organization of the country to explain the issues related to the stock market to the people so that this issue does not becom

with the social security, all we have to do is raise the cap, put the money back that was stolen all er the years, and it would solve this problem. stop going after these social programs and let's go after these rich farmers and oil companies. they get subsidies. why is that? please explain that. thank you. guest: we do in fact have subsidies embedded in the tax code. we just put in a lot more. the inflation reduction act has these clean energy tax credits, tax cuts for the recipients who do we energy projects. those will be is. that is how it will work. we could choose not to. we could choose not to try to influence businesses to pursue different goals but we do not. we regulate put these incentives in the tax code to pursue different objectives. you know, the farm bill is being discussed now. it needs to be reauthorized. there's a lot of money in the farm bill but most of the money is food stamps. does that need to get cut back? that is what congress needs to decide. it needs to make some choices. you cannot spend on everything, which is what we have done so far. host: james is next

this is one of the various compensation centers of the social security organization.old them tomani, it will take 4 to 5 years , up to 100 million tomans have been spent, which does not even accept a test and social security form. the contract with health insurances is over. now, if private hospitals have a contract with basic insurance such as social security, patients will no longer have to wait a few months to receive their money from basic insurances, especially social security insurance, if they pay their claims according to the law. centers a cure to solve the problem, people say that health insurance has proven that it is paying regularly and almost up-to-date in the last two years. let's go in the direction of not having outstanding debt to the contracting parties with the contracting parties. the announcement of the social security organization annually is more than 360 1,000 cases worth 1,300 billion tomans reach the hands of this insurance organization, which people have to pay out of pocket and wait for several months to receive , just because the private

the picture of the largest debt of the government to social security. ceo of the social security organization, appearing on the first page of the program, announced the payment of the government's debt to this organization last year, amounting to 180 thousand billion. tomans of the government's debt to social security was adjusted through shares, and we were able to make the largest bank settlement in the banking system, which was known as the super-debtor of the banking system . one million and twenty-one million and 920 thousand people, we were able to bring in new insured people by the grace of almighty god. before the revolution , about 20% of the 35 million people are covered by social insurance. today, thanks to our revolution, more than 74% of the 85 million people are covered by social insurance. the priority of the insurance system and the social security organization is to develop infertility services in line with excellent discussion of security from the priorities of the insurance system and support were set. i am proud to say today that we

province is not in charge of solving the social security fund. the minister's comment respected, i am convinced, nasrin nouri of the islamic council broadcasting news agency, at the same time as the days of mourning for hazrat aba abdullah al-hussein (peace be upon him) and his companions, the first night of the mourning ceremony in imam khomeini 's hosseinieh, may god bless him, has started tonight, in the presence of the leader of the islamic revolution . god's illegitimate trespasser quotes imam baqir as saying, i am a subject there is no doubt about it, but they do not follow the social responsibility and rule of god, they themselves cannot lead the world community, they have an individual life, they do not have an international life, they are all inferior in front of him. the absence of this flag is in the hands of someone who is both scientifically and ethically according to the characteristics, the person most similar to masoumeh can be imitated, it can be said that our muqtada is our model. if they have a nation and a low caste, but they

benefits are going to be we need to be real about this but i do not hate social security i love social that is why i do not want to see a 24% cut in benefits because we were too timid and too afraid bring this as a another place donald trump says he will do nothing to change it. he won't care because even if he ran again he'll be out of the white house before this cut happens. he would be able to say it was someone else's fault. i want to take on the big problems in this country and solve them for the american people. shannon: let's suck because your background is u.s. attorney i'm interested in what you think about this david weiss, nevitt whistleblower garrett shatley that he and others attend with weiss in october 2022 he sent weiss stated he's not the deciding person on whether charges are filed. but weiss and the attorney general have said he has got the authority to do whatever he wants but should weiss testify should he explain? where do you think there is daylight or truth in this conversation? >> listed u.s. attorney weiss has to explain himself and he has to explain himself i

in fact, it's in the press, social security. and one things about the pensions and those were raised within lifetime to 70 and a half. that's when you have to start taking your benefits and financial adviser tells you to wait as long as possible. one of the reasons those pensions included in the social security act was to get older workers at the labor market, which both reflects the male of household whose wages could keep his wife and children out of labor force, especially after child labor was made illegal, but also to limit the competition for a part of the way that new dealers of a labor market where with the education provisions originally in new deal for college meant that workers, mostly men, would only competing for jobs between the ages of 25 and 65. the point was to make provisions for people to be able to retire and open up opportunities for the next generation. i raise that point because i behind my enthusiasm for trump to hire. like the importance of the legal work ginsburg did in the seventies, especially since i

, social security works, the afl-cio. and the list goes on, but please save the date as the day to action. the day to action because congress hasn't taken any action. in fact, it might interest people in the gallery to know that congress hasn't done anything to enhance social security in more than 52 years. here we find ourselves in the midst of a pandemic. a pandemic that, in this country, has impacted people over the age of 65 more severely than any other group. slightly over a million people have perished over 856 thousand are over -- 856,000 are over the age of 65. those same individuals are the ones because of global inflation have found themselves in the situation as people on fixed incomes often do, they are the one that is are most severely hurt. so as reverend king would say, the fierce urgency of now is upon the united states congress. what are we asking the united states congress to do? vote. how hard is that? whether it's in the united states senate or whether it's in the house of representatives, everybody cl

organization's insurance deputy said that the social security organization has a joint cooperation with the ministry of interior and the labor and social welfare cooperation in the form of a memorandum of understanding, according to which all foreign nationals in iran must be organized. mohammadi added last week. also, a meeting was held by the economic vice president of the social security organization with the afghan guarantee office in iran. in this meeting, it was also decided that all foreign nationals who work in bases covered by the social security law will be listed and insured like iranian workers and employers , according to mr. mohammad, 800,000 afghan citizens with passports are currently living in iran, and about 40,000 of them are insured . isfahan governorate warned about the residence and employment of nationals in the provincial cities, according to the announcement of the general directorate of foreign nationals and immigrant affairs. isfahan governorate residence and employment of nationals in natanz faridan, feridounshahr, boyin, miandasht, samir, chadgan, khansar, d

so they might be getting a social security. busy page for government, attention from that country and other countries encourage american dollars to go to their country. so they're going to get some people favorable tax rules. that's a key issue for a lot of. i call the ex pap retirees. story is, i'm looking at what all the tax rules and what are the agreements between the united states in that country. you want to do your research before you go. you might have been doing your own taxes for years. i might recommend you find a firm that has a relationship and knows those tax rules between the country you're going to that's it's just it's good tax policy. it's good, which is good for you to be a head of the problems, not all of a sudden be surprised if you will, a little a little play the makes a lot more sense. i get, i can't emphasize that enough retirement homes like assisted living facilities and the america is a very big business. so how big is the retirement home market internationally? i don't, i mean, i don't know that 1st

in 11 years we will be taking social security. 25% reduction in social security for men and women relying on it to pay rent, buy food, help support themselves is unsustainable. the most disgusting moment in joe biden's presidency in my view was his state of the union speech when he said, can we all agree we will not do anything to social security? both parties stood up and cheered. no one except for me explained to people what that meant. doing nothing means a 25% reduction in every person's benefits. it cannot happen. everything has to be on the table. it means -- does warren buffett need social security? does mark zuckerberg, elon musk? do people who have gathered enormous wealth? i do not want to take any of it, but once they have it, do you really need social security checks? retirement age, not for people in their 50's or 60's who are close to retirement to change what they can do to prepare for retirement. i have an eldest son, 30 years old. if i tell him his retirement age will be a few years higher than what it is now, and

by 11 years we will clearly be taking social security.or men and women who are relying upon it to pay the rent, to buy their food, to help support themselves, is unsustainable. the most disgusting moment in joe biden's presidency in my view was a state of the union stood up and said can we all agree they're not going to do anything to social security? and both parties stood up ande cheered. welcome know what except for me afterward on abc explain to people what that meant. doing nothing beats a 25% reduction in every persons benefit. it can't happen. so everything has got to be on the table. and it means should we have means testing? does work buffet need social security? does mark zuckerberg, does elon musk? toto people who have gathering enormous wealth, as much as i respect him for, i d do want to take any of it, but once they have it, do you really need the social security check? secondly, retirement age. not for people in their 50s or 60s were too close to retirementfo to change what they can do to prepare for retirement. but mary pa

and in the us, the full retirement age was 65 for most a social security's history. but the 1983 overall gradually raised the age of 67, which it reached in 2022 for those born and 1960 or later. which effectively cutting benefits by 13 percent as compared to the benefits if the retirement age has remained 65. for each one year increase in the full retirement age is equivalent to roughly 7 percent cut in monthly benefits for all affected retirees. so if the full retirement age were raised to 70 current, social security benefits would be reduced by nearly 20 percent. essentially raising the retirement age amounts to an across the board cuts and benefits. regardless of whether a worker falls for social security benefits for upon or after reaching the full retirement age, that means that the younger generations will receive benefits for a smaller number of years and their lifetime benefits will be much lower. meanwhile, china has the world, the youngest retirement age, according to the o. e cd with women retiring at 50 and men retiring at 60. but while retiring young is

i love social security is an important program as part of a social safety net in our country.e the only person on that stage who's good to be able to say i will save and strengthen social security not only for those people but their parents and their kids and grandkids, no one else wants to touch it and it's obscene that no one else wants to touch it. when ronald reagan was president that's what you need a republican governor from a blue state who will come to washington, what did he do he fix social security and immigration to problems our economy needs fixed and border security that we don't have right now. part of the immigration problem, they don't have border security you cannot fix the immigration system. if you don't have a border. he built 47 miles and four ye years. they are over ever, biden made it worse. speaking of joe biden and data we skip together that was a big headline, is joe biden mentally physically fit to be president. >> he is past the sale by date. we can have an 80-year-old president. i heard nikki haley say mental cognitive test, you don't need one, ju

if you want, for one thing, at what salary do you work for social security ? it is much easier to get information in the form of brusli , i can do it much easier. if we have a center, we can do this, but i have an issue and an opportunity. the rest of the information that we need is the information of the employees and the workshop staff. we should also have something that can be used to validate the distribution time and provide it until it reaches 30 seconds . how long do you think it will take? i will come to you tomorrow. i am sorry for the balance of the accounts of the designated offices of mr. mohammadi's organization. you don't have ten more seconds. i will only tell you in this time frame how long we can establish web services. done a week ago in kerman mr. mohammadi, vice president of insurance affairs of the social security organization, thank you for other programs. i will definitely follow up on our zaha lady for one and a half years, hassan, four and a half years old, and mr. tolaei. i entered our lives, mr. khaki and his wife, four children and

they might have social security. so you want to have minimally, i think if you live on the east coast of the west coast, you know, $11.00 and a half to $2000000.00. think you're talking about living and traveling. you want to talk about what kind of countries if it's likely to austria or switch. so, and you might need $3000000.00. if it's good to these, you know, let's assume it's, um, a mexico or like, you know, the central american country, like you know, course, the rica you might need a little bit less than that depending on what your, your, what the cost of living or so it depends on the lot of factors and how kind of want to estimate the amount of money needed for a comfortable retirement when inflation and the cost of living just keeps on going up and up and an accelerated rate. well, here's the good thing is that we do a lot of modeling on retirement projections. so we could say ok, this person makes x amount of dollars. now they're assuming they're gonna, they're, they're bills or let's say 60 or 70 percent

and in the us, the full retirement age was 65 for most a social security's history. but the 1983 overall gradually raised the age of 67, which it reached in 2022 for those born and 1960 or later. which effectively cutting benefits 513 percent as compared to the benefits if the retirement age has remained $65.00, for each one year increase in the full retirement age is equivalent to roughly 7 percent cut in monthly benefits for all affected retirees. so if the full retirement age were raised to 70 current, social security benefits would be reduced by nearly 20 percent. essentially raising the retirement age amounts to an across the board cuts and benefits. regardless of whether a worker falls for social security benefits before upon or after reaching the full retirement age, that means that the younger generations will receive benefits for a smaller number of years and their lifetime benefits will be much lower. meanwhile, china has the world's youngest retirement age, according to the o. e cd with women retiring at 50 and men retiring at 60. but while retiring young

guest: social security is tied directly to the cpi. there was a big jump in benefits. it is one of those things where we think about prices versus income, you ideally want income to be keeping pace with prices so people are keeping their heads above water. it doesn't lead to a tricky situation where if -- it doesn't lead to a tricky situation where if prices keep rising they can push each other up. in terms of the proportion of spending that is from social security benefits, i am guessing it is not that large. i do not know off the top of my head. you are seeing across the economy workers demanding their wages relatively keep pace with inflation. they want to keep their heads above water. we have the growth grow a lot. because inflation has been coming down, particularly because of these food and energy prices coming down, we are seeing wages outpace inflation. earlier in the pandemic, it was only the lower income workers that were seeing their wages outpace price increases. very complicated picture there. host: you wrote a piece, low income workers scored in the cover

the priority of the insurance system and the social security organization is to develop infertility services. mother now since last year, we have had more than 47 thousand 500 cases of specialized and sub-specialized infertility services, which are much more expensive than sahar mirzabigi , sed and sima news agency, broadcast live at 3 o'clock in the name of allah, the most merciful, the most merciful, ladies and gentlemen, hello , i am with you today. in the next hour, the president will go to the african continent to strengthen relations, especially in the economic field, raisi at the official invitation of the presidents of kenya and uganda , and ziba will pass the zero test. this table the first visit of a president from iran to the african continent after 11 years of the president's trip to the african continent. iran's presence in the 600 billion dollar economy of this cave. the purpose of the trip was to kenya, uganda and zimbabwe. our country's non-oil trade last year with three african countries. zimbabwe, kenya and uganda reached 74 million dollars, of which 55 million dollars and

there is going to be more revenue than social security, applying social security payroll tax to health insurance. one of them -- one of the most efficient ways to raise revenue source -- for social security. it would automatically trigger higher benefits. i am not saying you would want to except in all but then you could decide which ones you want to claw back and decide the benefit thing in a different way. i think this is a really appealing step to take in social security. >> i was going to say, your proposal combined many elements as jason was saying. you can agree with some, like the leveling of the playing field and perhaps disagree with others, the amount of toxic solutions we are now giving. one thing i do want to fly is in the beginning you had four options and diets i understand, uncle correctly -- and as i understand correctly, michael liked your first option of deductible. about making what your contributions to health care were all of them are not having to face tax rate. that is going to be more valuable the higher your tax rate. like the current tax exclusion, one of the

that means an automatic 25% reduction in benefits immediately for everybody who is receiving social security. some of this room may be taken so security now. some of you like me are close. in 11 years, we will be closer in a 25% reduction for so security for men and women who rely upon it to pay the rent, by their food, help support themselves is unsustainable. the most disgusting moment in joe biden's presidency in my view was his state of the union speech where he stood up and said we all agree we are not going to do anything to social security. and both parties to the venture. no one except for me explain to people what that meant. doing nothing means a 25% reduction to every person's benefits. it can happen. everything has to be on the table. it means [indiscernible] does warren buffett need social security, does markets are -- mark zuckerberg or elon musk? i don't want to take any of their wealth but once they have it, do they need a social security check? retirement age? not for 50's and 60's people. the changes what they can do to prepare for retirement. i haven't eldest son who is 30

when you are the minister of social security, he has one of the best. now he has 450 retired people. those who have reached their retirement age. 450. sit down. i will bring 450 people. how will the petrochemicals of masjid sulaiman sell in the uae? well, these are mismanagement. that's what we expect when we say unplanned quantity north of these, there was no supervision. the loved ones who came and asked me to take back my question, many of them now i don't know who they are, but i am still saying that he is doing worse than the sin of my dear brother. if there is really someone else doing it, he does not have more than 20 to stop the mafia. resign yourself. it is one of these two. hello, we are proud to announce that mahd farsh has opened more than ten agencies in the last year in our beloved country to welcome you, dear compatriots, and for the greater welfare of our loved ones . we decided to increase the number of representatives throughout iran do more, dear ones who want to act as our representative in your city, in addition to a safe and profit

you have any questions about the activities of the shelter program, please contact the offices social securityand i am asking you very much to appeal to everyone that very often in social networks , especially, you can come across information on advertising services that someone, some organization on behalf of the red cross, on behalf of some other international organization provides some kind of monetary assistance, please register we help this one this one we will give it as a rule scam sites fraudulent sites because we are through e let's say so dubious internet pages internet resources red cross of ukraine i will not make any payments we make and we cooperate with local authorities, therefore, all information about what kind of monetary aid we can allocate, such as humanitarian aid, please contact directly or to the local authority or representative office of the red cross of ukraine in your region, but please do not have any relation and not in any way do not give your passport or data or bank cards or any information about yourself to any dubious so-called phishing sites, because once ag

my strategy is to talk about structural inequities but also examples like with social security. or the fact that the country is racially segregated. we live in different communities so we know that health care resources are not distributed evenly across all communities. neither are high-quality supermarkets or restaurants. we know that environmental hazards are not distributed equally. it just the fact that we have segregation facilitates the exposure to health risks and lack of availability of helpful resources. those structures are what is driving the health inequities and i do think we need to talk to the structures but just talking specifically and saying structural inequity is kind of vague and we need to give examples like the social security example. >> i am curious why -- 2018 did not do since the aca or the heckler report, -- >> we have been doing this over time, we have done this many times and we chose 18 because we did not go into the pandemic. that was one of the issues, we will of course do another one and what was the impact of the pandemic. that was why we do it,

but first, saving social security. what can be done to make sure that the program does not run out of money or will people have to take payment cuts? >> for money, lawmakers on capitol hill say without congressional action, social security will soon run out of money. the director of the congressional budget office says that will mean those on social security will see their payments cut by 25%. rhode island democratic senator sheldon whitehouse says he has a bill that would help save social security. the bill would remove the current cap and require people making over $400,000 to contribute more into the program. iowa republican senator chuck grassley says democrats are taking the wrong approach here. >> social security is the bedrock of retirement. security in the nation's most effective antipoverty program, new taxes on family farms and small businesses aren't the answer on. fortunately, president biden has refused to provide any leadership on this issue. >> both democrats and republicans believe that social security

but then $31.00 trillion dollar number doesn't include medicare, medicaid, social security. it doesn't include all of the legally binding obligations. the government has to pay and now the social security is not a benefit it's, it's what kind of like a pension fund. so i, i paid into that system for my entire working career. so i'm entitled to be paid that money. that's my money. but the governments have spent that money, that money's gone. so they're expecting a lot of new entrance into the market to pay out people, the older old, older people leaving the market like myself. so that's what their, their expectation was. so that's a typical ponzi scheme, but if you read, they have to publish a report every year in the social security. and i reference that in the book there, there in solving pretty much, and i think within the next 5 years they're going to be in solving. i don't know where they're going to get the money. they'll probably print and that's why we have a record inflation around the world right now. and i, i would say that the less the, the less the smaller countr

question to you is would you make changes to social security and medicare if you were elected?ic debate right now is between tax increases on the democrat side versus cuts to entitlements among some on the republican side. i personally believe there is a better way. a third way. focus on gdp growth itself. i am the only candidate in either party who believes and acts on the fact that we can grow our way out of our problems. it is true if you grow -- >> you think you can grow your way out of medicare and social security needing -- i am presenting to you what many of your republican colleagues say. they say it is going to be insolvent. in just a couple decades. you think you can grow your way out of that problem without addressing the fundamentals of those programs? >> that is correct. if you continue to grow at this year's current gdp growth rate of less than 1% then absolutely we are going to be in trouble. in 20 years we run out of money. for most of our national history we have grown over 3 to 4 plus% in gdp growth. i have a clear plan how to restore that in relatively short

but would you pledge not to touch social security, and medicare, if you were elected president?i do. and in fact, the irony is that when we are growing at high gdp growth rate again, by the time i'm out of office in january 2033, we will be growing at over 4%. ironically, it's actually when the country is at its strongest economically, when our citizens are making more money, that we can then have a rational conversation about whether we have the political consensus to draw distinctions between people who have, say, made $10 million or more in their lifetime, versus those who have not. when it comes to social security and medicare. >> all right -- >> but right now is not that environment. americans have a shrinking economy. we should not cut entitlements. >> can i ask you about another issue? this is also something that your opponents ron desantis and donald trump have called for -- including desantis very recently, which is an end to birthright citizenship. what's your position on that, would you end birthright citizenship? >> i think for a period of time it's going to be neces

is it social security income? those, those are the 3 say that's the 1st and foremost, the secondary one, which is product par. your primary to a lot of people needing to save enough money for retirement. they just got to can accumulate enough money so they can retire. you know, and we usually use a, you know, when you're talking about your investments, if it's a younger person, they don't have, they typically don't have a pension plan, right? they might have social security. so you want to have minimally, i think if you live on the east coast of the west coast, you know, $11.00 and a half to $2000000.00. if you're talking about living and traveling, you want to talk about what kind of car is if it's like the to austria or a switch. so you might need $3000000.00. if it's going to be, you know, let's assume it's, um, i don't know mexico or like, you know, the central american country like you know, costa rica. you might need a little bit less than that, depending on what your, your, what the cost of living are. so i

but that 31 trillion dollar number doesn't include medicare, medicaid, social security. it doesn't include all of the legally binding obligations. the government has to pay and now the social security is not a benefit it's, it's what kind of like a pension fund. so i, i paid into that system for my entire working career. so i'm entitled to be paid that money. that's my money. but the governments have spent that money, that money's gone. so they're expecting a lot of new entrance into the market to pay out people, the older old, older people leaving the market like myself. so that's what their, their expectation was. so that's a typical ponzi scheme, but if you read, they have to publish a report every year in the social security. and i reference that in the book there, they're in solving pretty much, and i think within the next 5 years they're going to be in solving. i don't know where they're going to get the money. they'll probably print and that's why we have record inflation around the world right now. and i, i would say that the less the, the less the smaller countr