my question is would mass immigration help social security, save social security.f so how, and if not why? pedro, you got-- have a topic it america except mass icial secur? i will take my call offline. host: thank you for the suggestion. guest: that is a great question. i guess i can answer it two ways. if people are entering the country■@ undocumented workers, frequently they are getting social security numbers and pacing -- and paying the taxes. unless i get a green card or become ae a dime of the money contributed to the system. that actually helps the system. but it is interesting, the congressional budget office a number of years ago, about 10, when the senate passed an immigration willimmigration bile green card is not citizenship. they found of people became legal citizens or got green cas, shadows and worked in jobs that paid more and they were paying payroll taxes. and so they found that the congressional budget office un the solvency of the trust fund would be extended by a year if you were to enacty tor citizenship. host: margie. republican line. pennsyl

social security.you were to cut that, how may people would be in dire straits. i expect a lot would shift into poverty. only 9% of seniors live in poverty. if you were to cut that that number would go up. that would be a tragedy. host: in the 2025 budget president biden advocating a different taxation system to make wealthier americans p prog. guest: we think it would be a mistake to cut benefits to extend the solvency of the program. bee sure that the wealthy pay their fair share. the last time that we made morcy program was 1983. and when we tax a payroll income we were capturing 90% of the income. because of income inequality and because there is a great difference between the have and have-nots, we are not capturing 90% of that income, we are capturing 81.4%. and that is an argument why that should be increased. by doing that we do not have to cut benefits. we can extend the program for decades and that is really the answer, to their fair share. host: that is the desire, but how realistic do you t

doctor, you are right, the social security fund is not the social security fund is mainly paid by the employer , it is the private sector and also a government sector, i am not saying that it is not 20%, what the government gives, in fact 233, sorry , i am correcting, the employer pays 23%, the employer pays 20% insurance premium, 3% unemployment insurance, 77 insured in the social security law. 3% in the name of shares. the government or the help of the government has been seen, this is at least what i have in my mind. it says that the government has paid this 3% only once since the beginning of the revolution, which means that the government does not give the help it should, it just repays the debt to the fund with terms and conditions, mr. doctor. the open fund structure of a country with a social security structure differently, you cannot wrap a single version for both. may the fund be effective, mr. faizinejad, one question now, according to you , how many of the problems and challenges of the funds have been solved by these parametric reforms ? in your opinion , until now , it h

the status of social security today. today we will hear from social security administration commissioner o'malley. we are grateful you are here. commissioner o'malley was confirmed last year. and i don't think i have to remind anyone in this room or listening and how important this program called social security is. it will serve over 68 million americans this year. without social security benefits experts estimate about four in 10 older americans will have incomes below the poverty line. that means 640,000 pennsylvanians are lifted out of poverty solely because of social security. serves people with disabilities. in january of this year social security provided $12 billion disability benefits to 8.5 million beneficiaries. unfortunately, while our population has aged the demand for social security has increased support for social security administration has diminished as a result the administration ssa has been drastically underfunded creating some real challenges. for overpayments and underpayments that added tremendous

, and the sources of the social security organization's expenses are also defined. that the contract with the social security organization we concluded that we will pay this insurance premium in return for 18 type we have to get services. now, things have happened in the past few decades. a series of laws have been approved, the financial burden of which is on the shoulders of the government, not on the shoulders of the insured. for example , 26 laws were passed, and now my documents are here. 26 laws in this year 2014 thousand billion tomans. there is a financial burden, i want to say that because we are also one of the die-hard devotees of the so-called victory, they are a good and hard-working team . a company is a so-called organization that has money , if this is not the case, let's see now about supplementary insurance. the social security organization can't pay us for 2 months, that 150 tomans have been reduced . how can you pay the so-called money for the so-called perspex? please, we will give your speech a little extra and we will go to mr. raisi, who is a

ali dehghan, the honorable president of the pensioners' association social security to chat with them is a guest. we are also going to introduce soon so that our discussion will be three people. you are very welcome. i will repeat my question. now in this discussion, i said that when the law says about this, can the social security organization come and buy a big club like press police or hand it over? let him come and pay his expenses, aren't they zinfan who are dealing with you anyway? do you have any concerns about this issue in the society that we are talking about now ? there are some questions that are true . in the name of allah, the most gracious, the most merciful. dear colleagues and listeners of the expert and so-called listeners network, especially dear retirees , i greet you and i congratulate you in advance on the arrival of the month of ramadan. of course, before i want to answer your question , i have to give you an introduction so that tomorrow we will not be condemned to a series of conversations that may be outside of this series . which the supreme leader announces

and the third leg is social security. the nation's number one insurance program, number one anti-poverty program for the elderly. and until the child tax credit becomes permanent, the number one anti-poverty program for children. host: congressman john larson, we appreciate the conversation as always. thank you for being here. guest: my pleasure. >> a live picture from the westin hotel, tyson's corner, where we're shortly expecting remarks from candidate nikki haley, her second stop in the commonwealth. earlier she rallied with supporters from virginia. live coverage here on c-span.

doctor, the problem of the social security fund is only caused by the variables within the security law itself. it's not social, it's a series of external variables, increase in marriage, inflation, celibacy, have you thought about this , mr. doctor, give the money , do what the government's duty is to do in the society, create employment , provide the grounds for marriage, make housing cheaper, you will see that this by no means. it doesn't put pressure on the fund, but with the current situation you approved, it is only the pockets of the insured, which means we reached into the pockets of the weakest workers in the country . in this , we take money from there for the organization's resources . from the point of view of the insurance fund, this is a problem. from the social security organization, how many people retire and how many people are employed in a year ? social security organization, as far as i know, in terms of the number of people who retired, i am not in a position to defend the social security organization. you workers you have raised the issue that if retirement happens

should accept the social security, and it was free . why don't you invite those who don't belong to this fund to come and take it from this table? take care of the fund, pay your debts to the social security organization of the government on time, they will see that this fund can work. we also believe in parametric reforms in general and it should be done, but now is not the time , now that we have a reputation problem. you are now cited did you refer to article 29 of the seventh plan law , which means that the government should take a series of measures to reduce discontent? i mean, at least my opinion was that the government itself should help . the above law is to reduce our dependence on the general budget of the government . if we accept the first part, the funds will definitely go in the direction of becoming a self-sustaining device, but in the second part, we must accept the parameter reforms. is it possible to do something without our reforms? badim in order to strengthen the fund i meant that we now have 90% of the government'

the ideha to save social security is a fallacy.y're doing it so they can go behind closed doors and cut the very program that sustains so many americans. more than 40% of all americans who are on social security, this is the only pension benefit that they wille. and, madam speaker, you know as well as i that it's not only a pension benefit, it's a disability benefit, as well spod children. and imagine, for our viewers in the audience, congress hasn't taken a vote in more than 50 years for the nation's number one anti-poverty program. it's long overdue that we not study this. how about we do what we're elected to do by the public and actually vote? and if you got a better idea, put it out there. but we believe this as well. i commend president bidenor saying, look, the way that we're going to pay for this is to lift the cap or what's called scrap the cap on people m $400,000. this past month marked that millionaires have already stopped paying into the social security program. bill gates stopped paying back in january. that is wrong

the social security organization says that we can't buy persepis at all. the social security organization is the owner of 56 zubahen clubs in isfahan, which means we have the zubahen club in isfahan right now. according to article 3 of the professional issuing regulations of the afc, which is on page 37 of the original page and translated on page 57, which is on the website of the federation. there is football, frankly declared that any type of direct or indirect ownership does not allow the granting of a professional license. there is no interest in buying the police press in the social security organization. there are serious concerns in this regard. one is that we have a resolution from the board of directors of the social security organization, which has officially announced that this issue is not in the best interests of the social security organization for four reasons. is not. the next point is the main zinfaqan. the organization, which is our dear retirees , has repeatedly expressed their opposition and concern through the pension works, as well as

there is social security, it was said once, then it was withdrawn. you see, the main issue is this, the issue of purchasing and buying the press club, the police and the government is not discussed. the main issue is the payment of the government's debts to the social security organization, which is proposed that the social security organization now through actually he or his sub-groups wants to actually do this debt settlement, the government owes you, yes, the government owes us. we didn't ask for a purchase, and the issue has been raised that the government's debt is a heavy debt, so where did the offer come from? we didn't make an offer anyway. the government gave, so the government probably should have given, but we didn't make an offer ourselves, and the official position of the organization has been announced, but i have one question, that now you are probably saying that you want to take the place of debt, but in principle, you are buying, which is nothing else. i mean , there is some money from you that you are not receiving now, and now , f

one is that we passed a resolution from the board of directors of the social security organization, whichofficially announced to four the reason for this is due to the security of the supply organization it is not social. the next point is that the main beneficiaries of the organization, who are our dear retirees , have repeatedly expressed their opposition and their concerns through the pension work. also , the honorable members of the parliament, in fact , in short, i, as a member of the social security organization, as well as personally, as actually one. in fact, football is a friend of the police press, which means that i myself love the police press and i like the police press. i will say the same thing that we said . dear expert of the program, i said that it is not falling from the hole to the well. another point is that we want to say goodbye to you . i'm at a loss as to what to say about these conversations they made because you have a club and good night, sir, what should be done now, it's really strange or at all, going to football needs love , someone who doesn't have love an

my subject, i will stay on the medicare social security subject. it was not fol security survivor benefits that were instituted not many year 1d have really been hurt badly because my mother was a housewife, high school graduate. anyway, going forward on social security i think it is great. i just cracked the $2000 a month benefit with the new call up. it is kind of a milestone for me. one other thing that i would like to say about medicare is i've been on medicare for nine years and going back to me choosing my plan, you will be inundated with advertisements from every company that sells i. i have no restrictions on my doctors. i can go anywhere for care. the plan that i chose happened to be a no deductible, no co-pay. if you keep the original plan for two years. i am now 74 years old. nothing to go to a doctor. i paid 35,000 -- i pay $35 in the hospital for a couple days. host: arc in maryland. -- mark in maryland. call. caller: i want to remind all americans that planned parenthood was founded by a woman named margaret sanger who is a proponent o

this is the social security center of your insurance in rome. i don't accept the vacancies of some medical centers in signing contracts with basic insurances. this hospital is social security with other basic insurances. the social security forces accept the patients of the armed forces. the armed forces don't accept lunch if they have to. whether we are doing the same thing , we will inquire, we will go to another place, or finally, we will be free to work there, or now. as a compliment , we do less and more . there are many places, for example, clinics that say, for example, we are on our side there is no contract, you have to pay money , then go and settle with the insurance company. although it is emphasized in the law, all medical centers are required to have a contract with the insurance companies, but it is still not taken seriously in some centers. university. there is one that is affiliated with some ministries that are not a party to the contract with us, and there are about 50 private sector hospitals that are still not a party to the

doctor , you are in the social security resources. the resources you owe are your responsibility. the government should pay, i promise you, the security organization. social will be able. increase the pension of the insured people in such a way that they don't need a second job. you prepare the different layers of social security first, the infrastructure, then come to the social security organization to find a prescription suitable for the insured persons or the workers. give us we will be treated, but with your medicine we will get sicker, mr. faizi, please don't waste our time, as i told you at the beginning of my speech, i apologize to our honorable brother . if the insurance funds are to be strengthened and their dependence on the general budget of the government is reduced year by year in the implementation of the upper laws , they must necessarily have parametric reforms, one of which is this change of age, we must definitely move in this direction, otherwise the condition of these funds is becoming critical this is what our dear ones said that if a person is hired earlier,

social security needs more money. we are past the moment that we were in the and in the eighties and as recently as the trump administration in talking about how to cut benefits and raise revenues that were passed that people don't have enough, there's no room to cut social security. the average benefit is about 1100 dollars a month. now, that hasn't kept up with what people need. so just stop talking about raising benefits. cutting benefits. so we need more revenue. so that we can pay full benefits, starting. in 2034, just, you know, ten years from now, nine years from now. and we need to lift up the bottom benefits of moments of that's just a given. that's well worn territory. lots of ways to do it. what's new in my book and my career has been about is like fixing that. that employer provided private sector tear. we need to have people in pensions accumulating money during their working lives. that money has to be invested well and that money has to be have an option to be paid out in a lifetime benefit in a way tha

he's a member of the ways and means social security committee and champion of the social security 2100ial security well into the future for us and the next generation and without undue cuts of federal pay and benefits. half of the democrats in the house oppose a fiscal commission which would devastate social security, medicare and federal pay and benefits. please give a warm afg welcome to our friend, representative john larson. >> thank you, sir. thank you. thank you, mr. president. are you pumped up? we gotta fight on our hands. they are trying to go behind closed doors without hearing the 535 members of both houses. seven people will determine the fate of social security and medicare and federal employee pay. seven people. and guess what? they don't have to have a public hearing. they go behind closed doors. they've got four people that are unelected, so-called experts. and then six from the senate and six from the house. three republicans and three democrats, from each body. but only seven required to pass legislation that in the case of social security impacts 70 million americans

hey, our life has ups and downs, life has ups and downs , don't get tired, this is the social security center for your insurance in rome. supply. socially, with other basic insurances of the armed forces, do you agree with the social forces , if the sick of the armed forces come, why not , i don't accept the armed forces. we do it . there are many places on the premise of a clinic, for example, they say that we are not a party to the contract, you have to pay and then leave. be careful with your insurance , go to other hospitals and centers, do they accept social security insurance or not? we don't care what they say, they tell you who is the party to the contract, or the power , you have to go and get it yourself, you have to get it yourself , you have to get it yourself. peroz bard said that we are not a party to the contract with the insurance company in tehran, and that the biggest problem we had was that they didn't give us an operating room anywhere on thursday, they shouldn't have a contract with the insurance company. there is no basis, you must have a contract. they don't have

the social security fund should accept treatment in its own clinics that are not insured by the social security and it is free. why did you invite people who do not belong to this fund to this table to come and take away from this table instead of mr. doctor mr. doctor instead of coming from spend the workers' pockets, take them from the friend of the fund, pay your debts to the social security organization of the government on time, he will see that this fund can do it. in general, we also believe in parametric reforms and it should be done, but the time is not now we have a problem with employment. you went to serve these people more. look, you have now referred to the same clause of article 29 of the seventh plan law, which means that the government should take a series of measures to reduce the imbalance. at least my opinion was that the government should help. we should be dependent on the general budget of the government or we should go in the direction of reducing our dependence on the general budget of the government year by year based on the upper law. if we accept the first p

solvency of social security.so my rst is how long will the provisions in the fy-25 budget extend the solvency of the social security program? >> well, as you know, you heard from the president what our principles on social security are. no benefit cuts. ensure that we have enough funding for those with disabilities who receive payments out of social security, as high to pay more into the system. you get additional years in solvency. we alsoint out something in direct control of this committee, which is social security administration. been underfunded and as beneficiaries go up and there are more people to serve, that we are seeing a decline in resources with the security administration that will need more and they will ask for 9% increase to fund the social security administration. >> i just find it tonishing that today of all days is when you're here to talk about their budget and that the study committee, the largest republican caucus here in the house, they will come out and will call for an increase in the so

they have we got the social security system right, have that social insurance.h built around individual taking all the risk that their employer wouldn't contribute that they couldn't contribute, that they didn't know where to invest, that the fees were too high and that they didn't manage it correctly. if they were lucky enough to get past those those first two steps. so where does that land us? we have we have a quadruple or double the poverty rates in old age. i testified the senate two weeks ago and we spent some time on why america has one out of four retire is poor and other countries and the netherlands, who actually has a very well-designed system, universal coverage, union and employers create individualized of pension plans to match the needs of that industry. and they have a really robust regulatory system. so that's not so the money as well regulated they have 3% of their elders are poor and we have 23% of our elders are poor so a well-designed pension system is what we need. it's what most workers deserve ande are ways to get that along those lines.

the social security organization says that we cannot buy presplis at all. the social security organization owns 56 zobahan isfahan clubs, which means we have the zobahan club in isfahan right now, based on article 3 of the professional issuing regulations. in fact, the efc in the queue. 37 of the original and 57 of the translated ones on the website of the football federation explicitly state that any type of direct or indirect ownership is actually possible. it does not give a professional license. he has not seen any interest in buying preslice in the social security organization cant. there are serious concerns in this regard. one is that we have a resolution from the board of directors of the social security organization, which has officially announced that this issue is not in the best interest of the social security organization for four reasons. is not. the next point is that the main beneficiaries of the organization, who are our dear retirees , have repeatedly announced their opposition and their own high prices through the pension schemes . also,

the social security fund has no structure at all." this is not a form, some of them are not workers at all , some of them are insurance payers as if they were someone. they don't get paid. how do you know a woman? she says that she is a housewife, adjust her salary accordingly, can you fix the insurance for journalists, for example? you cannot do this. there are some jobs that are defined in the national fund. in the social security fund, they don't define where you want a worker who is in optional insurance, for example, to get his job. you want to say that this is actually a job. what is the effect of these in reducing or increasing the age that you are against? mr. doctor, you are evading the topic that the life expectancy has increased. yes, in fact, you should increase the time of employment. when i say that i am not in the right position , we took action in this direction. see, when you say, we acted against me.

social security and medicare are quintessential parts of the american dream.ald trump and the extreme maga republicans want to end social security and medicare as we know it. it's not a secret. they have said it publicly over and over and over again, including this week. and that will establish a clear contrast between president biden andre going to fight to protect and strengthen social security and medicare and extreme maga republicans who want to take these things away just like they ended roe v. wade and reproductive freedom for tens of millions of americans all across america. if it can happen@o roe v. wade, then of course extreme maga republicans will continue to try to in the united states of america that we believe were untouchable and we're going to push back aggressively against it. questions? >> the house just passed the tiktok bill, how do you want the senate to handle it? mr. jeffries: it has to pass the bill in a decisive and bipartisan fashion and it's no o evaluate the merits of the legislation. i don't support a ban on tikk. the legislation di

yeah, so i'll probably tell you, tell you a story about social security. bit different th you've heard before. it was a system that was late in coming. most other countries, you know, had a social■a security system n the in the teens and the twenties. so the actuaries and the politicians that built the system were really using a tried and true tried and true model from from europe. and this was a model of insurance, not welfare, not a handout, but it was a model of social insurance. and therefore, actuaries were involved in e beginning of the and actuaries were kind of cool or cool because they take in information future they take information about immigration workforce participation, how well those workers will be3 paid, you know, how productive the economy will be. they take into account pterns o of of fertility. how many babies people are going to have and how many of those babies will grow up into into workers. and then they take into account all medical information about how long people will be able to to live. so they have all that in hand. it was an

social security according to the social security actuary the medicare and social security fair share act would extend social security solvency indefinitely also. and it would do so by making those earning thousand dollars co share that regular workers are obliged to for the first levels of income and it would lift the cap essentially and kick in,000. is that proposal in line with the principles that your budget is seeking to achieve? >> absolutely you heard the president to speak about speak about this very clearly. no benefit cuts asking higher income earners to pay their fair share to make sure social security is solvent. >> we had that wonderful moment in the previous state of the union when the president talked about republicans who want medicare and social security cuts and they all rose and said we don't do that. we have a unanimity moment about social security and medicare cuts. now of course that was based in fact we had actually members of this committee say they want to take social security and pull it up by the roots and get rid of them. that is hardly in a position to ben

it should be clear that there was a rumor last night that the social security organization is going to take over the police press we talked to the representative of this organization about 60 times and i said that you are going to make room. the government has suggested to this organization that they should remove the police officer to settle the debt. now, these conversations that happened last night in the program are many. it was reflected in the fact that everyone was talking about it today, the fans , for example, were upset that instead of a debt , presplis was going to be handed over to an institution or an organization , and on the other hand, the ministry of sports, and especially mr. esfaqian , apparently talked to some reporters during an election that was held. and saying that no , it is not a coincidence and that the social security organization of this press is supposed to be buy the police and take it over from the government. but i say that mr. mehrabi, who was the representative of the social security organization, we talked with him last night in the program , he comp

it is usually called a department, sector or directorate of the social security fund.ou can get an extract from your personal account. you need to carry your passport and insurance certificate with you, that same green card. the extract will indicate where the person worked, when, how long earned and how much went towards pension payments. this data can be obtained on paper and put down. in the closet for peace of mind. you can find out where the nearest official tax department is located on the website ssf.gov.by. the territorial bodies of the fund will be written on the main page. below the entry are tabs with the names of the areas. click on yours, a map with locations will appear. look for the one that is closest to you. it is important that an extract will be issued at any branch of the federal social security service in the country. there is no need to go to any of your own. there are so many of them for the convenience of citizens. and not for to tie people to specific areas. this is for those who want a piece of paper. belarusians who are comfortable in the dig

i won't cut social security, i will cut medicare.iving tax breaks to the the strength of social security a meadow where -- medicare and let them pay the fair share. my budget plan would preserve the medicaid trust fund. i am also cracking down surprise medicaid bills. here's the bill, you go out there and you do your homework. you choose the hospital and you do what your insurance company will cover. then you get the bill there's a surprised judge because they -- because the anesthesiologist or control in your insurance. that surprised bill can add up to thousands of dollars. thousands. thanks to maggie, we ended that surprise bill and we are now protecting one million americans. [applause] every single month, from those surprise bills. folks, look. my budget also cracks down on what's called facility fees for telemedicine. you get charged an extra fee if rural area and have a virtual visit for neither you or the doctor is in the facility. that's another fee, please surprise medical bills at up to hundreds of dollars for ordinary fam

johnson called social security, get this one, i'm amazed, called social security a ponzi scheme.think abouit did you ever think you'd hear anybody say that? a ponzi scheme? give me a break. your week donald trump said cut the social security and medicare are on the table. when i asked if he'd change his position he said, quote, there's a lot we can do in terms of cutting, a tremendous amount of things we can do, end of quote. i want to assure you, i will never allow it to happen. i won't cut social security. i will not cut medicare. instead of cutting social security and medicare to give tax brks the superwealthy, i can spend social security and medicare and make the wealthy begino look, folks, let me close with this, four years ago this week i came to office, our country was hit by the worstde and economic crisis in a century. remember the fear and anxiety everybody felt? record job losses, raging virus that would take more than one million american lives and for every life lost, it is estimate, children, mother, father, uncles, aunts. a mental health crisis of isolation and lon

go to other hospitals and centers , do they accept social security insurance or not ? no one accepts anything that we don't give. what do they say? they tell you that this is the contract side is there or do you have to go and get it yourself? peroz bard said that we are not a party to the contract with the insurance company in tehran. and the biggest problem we had was that they didn't give us an operating room anywhere on thursday , they shouldn't have a contract with the insurance companies , they shouldn't have a contract , they don't have a contract with your insurance or the service is free , you have to pay for it. almost 61 million was the cost of my mother's operation, although it is emphasized in the law, medical centers are obliged to be parties to the contract with the insurance companies, all private sector centers and all non-governmental public centers are required to sign contracts with insurance companies and if they don't sign a contract , they can cancel their license according to the law, but it is still not taken seriously in some centers . regardi

republicans will cut social security and medicare to give us more tax cuts than the wealthy. cuts to social securd medicare on the table again. he changed his position and said, there's a lot you can do in ter of cutting. tremendous amount of things you can cut. tremendous amount of things you can do, not cut. the bottom line is, he is still at it. i am never going to allow that to happen. i won't cut social security, i will cut medicare. instead of giving tax breaks to the wealthy, i will protect the strength of social security a meadow where -- medicare and let them pay the fair share. my budget plan would preserve the medicaid trust fund. i am also crackingown surprise medicaid bills. here's the bill, you go out there and you do your homework. you choose the hospital and you do what your insurance company will cover. then you get the bill there's a surprised judge because they -- because the anesthesiologist or dr. is an under your control in your insurance. that surprised bill can add up to thousands of dollars. thousands. thanks to maggie, we ended that surprise bill and

anyway, going forward on social security i think it is great. benefit with the new call up. it is kind of a milestone for me. on that i would like to say about medicare is i've been on medicare for nine years and going back to me choosing my plan, you will be inundated with advertisements from every cpany that sells an advantage plan. i chose the supplement plan. i have no restrictions on my where for care. the plan that i chose happened to be a no deductible, no co-pay. if you keep the original plan for two years. i am now 74 years old. i pay nothing to go to a doctor. i paid 35,000 -- i pay $35 in the hospital for a couple days. host: arc in maryland. -- mark inyland. last call. caller: i want to remind all americans that planned parenthood was founded by a woman sanger who is a proponent of eugenics. in 1939 she wrote to a colleague of hers after she started the so-called negro project in harlem, she wrote to a colleague of hers that she did not want any in the negro race to figure out we are trying to exterminate them. it i■ odd that black

on social security. >> yes.keep in mind the reason the taxes, the benefit is capped, and the question, if you raise the cap do you have the benefit rise or for the first time do you d-link taxing and benefits but if you do it, say you eliminate the, you will laminate half of social security shortfalls. social security has a shortfall that will balance at one. 8% gdp by the 2030s. getting rid of the of the and giving no benefits gets you 0.9% of gdp, about half. lifting the cap should be on the table, it's part of the solution with age and benefits. the three real levers with social security are the tax, the age, and upper income benefits. you can't solve a problem with raising the but it will be part of the solution. >> you can't solve it with that because a lot of people have a list of payroll tax and that is it. it did used to be a decade plus ago, this is a reminder of procrastinating, the cost of waiting to fix social security has been huge, all the things we could have done before the would have fixed it an

we also have social security and medicare that are heading towards insolvency and political promises not to do nothing. we need to think about a new social contract that insures against today's risk instead of the old risks. we don't have the money to even entertain that discussion. in terms of foreign policy because this is the one that freaks me out these days, wars are not about boots on the ground the same way they used to. they are economic and digital. our ability to be economically and fiscally strong is a huge portion of our national security. many people believe other countries are encouraging us to borrow more because it is weakening us. so, this is a huge national security risk at a time when global hotspots appears to be everywhere. finally, there could be an economic crisis, meaning interest rates go up and you cannot get out of it. if you get through all of those, we still hosed our children because we said we have given a budget that is terrible. you owe all sorts of money on it. interest payments, all sorts of promises to support us even though we didn't do anything to