NewTradingView.com – Investing and Stock News
Investing and Stock News
  • Investing
  • Stock
  • Economy
  • Editor’s Pick
Editor's Pick

Trump broke his promise to protect a lifeline for 71 million Americans

by December 8, 2025
written by December 8, 2025

For Social Security it has been a miserable year. 

After President Donald Trump unleashed Elon Musk and DOGE on the Social Security Administration, the agency lost more staff in a shorter period of time than ever before in its 90-year history. Fortunately, public outcry and pushback from congressional Democrats saved Social Security from a 50% cut to staffing and the closure of scores of field offices as Trump and his administration had announced back in March. So, somehow, those dedicated workers remaining at the Social Security Administration have still managed to keep the agency running — without missing a single monthly benefit payment. 

There are not many public or private insurers in the world who can claim to never have missed a monthly benefit payment in 90 years. 

This is good news for 71 million Americans — many of whom depend on their earned benefit every month as a lifeline. But we are not out of the woods yet. The agency has been gutted. Enormous damage has been done to customer service and to the agency’s ability to process claims.

Just as many are demanding that Trump’s deep cuts to healthcare be restored, so too must Trump’s deep cuts to Social Security be restored, as the two are inextricably linked. Sixty-four million Medicare recipients will see a reduction in their Social Security benefits in 2026 due to Trump’s Medicare price hikes that will cut into their Social Security cost-of-living adjustment (COLA), making life more expensive for seniors. This is the greatest erosion of the Social Security COLA in nearly a decade, and the first time that Medicare premiums exceeded $200 per month. 

With the Social Security Administration’s staffing now reduced to a 60-year low and baby boomers swelling the number of active beneficiaries to an all-time high, the agency is struggling badly, and the American people are paying the price. Wait times to get to a person in a field office or to talk to a person on the 1-800 line have become longer and longer.  

As the Trump administration claims that things have never been better, millions of Americans are having a very different experience. In fact, more people today now die waiting in line for their initial disability determination than at any time since President Dwight Eisenhower signed the disability portion of the act into law in 1956. Even just recently, Trump and DOGE risked 300 million Americans’ personal data from the Social Security Administration. They have robbed Americans of customer service and peace of mind.

Conditions have grown so bad – Nancy Altman, president of Social Security Works, has called for Social Security Commissioner Frank Bisignano’s resignation. It proves to be a telling illustration of the deep concern experts have for the damage done to the agency. 

None of this had to happen. It was made to happen. As a candidate, Trump vowed all through the campaign that he would protect Social Security. Instead, he wrecked the program’s customer service, took a chainsaw to its functions and maligned its reputation with false claims of waste, fraud and abuse.

In a time of great political division, Social Security remains the most strongly supported program in America. In fact, 80% of Americans are concerned whether Social Security will be available when they retire and want it to be strengthened, made better — not hacked to pieces, privatized or liquidated. 

This is a democracy moment. Social Security should be a bipartisan issue. All lawmakers — Republicans, Democrats and Independents alike — need to come together to deliver on its promise of a secure retirement after a lifetime of hard work. 

This post appeared first on FOX NEWS
0 comment
0
FacebookTwitterPinterestEmail

previous post
SMX stock soars 300% in two days: what’s driving the surge, and is it just the start?

You may also like

Congress unveils $900B defense bill targeting China with...

December 8, 2025

Chechen leader threatens Zelenskyy amid drone strike, echoes...

December 8, 2025

Trump’s Kennedy Center Honors overhaul delivers star-studded lineup,...

December 7, 2025

Kelsey Grammer calls Trump ‘one of the greatest...

December 7, 2025

Judge rules evidence linked to James Comey’s ally...

December 7, 2025

Rosie O’Donnell’s Trump obsession continues unabated from Ireland...

December 7, 2025

DAVID MARCUS: Trump’s aggression toward Venezuela a warning...

December 6, 2025

Teenage cancer patient’s final fight becomes law as...

December 6, 2025

State-level AI rules survive — for now —...

December 6, 2025

FAA investigates airlines for potential flight cut compliance...

December 6, 2025
Become a VIP member by signing up for our newsletter. Enjoy exclusive content, early access to sales, and special offers just for you! As a VIP, you'll receive personalized updates, loyalty rewards, and invitations to private events. Elevate your experience and join our exclusive community today!




    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Popular Posts

    • 1

      Gold and Silver: Gold remains stable in the $2420 zone

    • 2

      Tesla stock gains ahead of robotaxi launch: analyst sees 50% upside ahead

    • 3

      XRP price stuck under $3: can it finally break through?

    • 4

      Oil and natural gas: Oil is back on the positive side

    • 5

      The dollar index continues to pull back to a new low

    Recent Posts

    • Trump broke his promise to protect a lifeline for 71 million Americans

      December 8, 2025
    • SMX stock soars 300% in two days: what’s driving the surge, and is it just the start?

      December 8, 2025
    • Commodity wrap: rate cut hopes fuel gold, silver rally; oil prices climb on geopolitical risk

      December 8, 2025
    • Nvidia stock price is a $4.6 trillion bargain: here’s why it may soar

      December 8, 2025
    • What’s next for Paramount Skydance stock as its WBD dream falters?

      December 8, 2025

    Categories

    • Economy (20)
    • Editor's Pick (338)
    • Investing (60)
    • Stock (23)
    • About us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: NewTradingView.com, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.


    Copyright © 2025 NewTradingView.com All Rights Reserved.


    Back To Top
    NewTradingView.com – Investing and Stock News
    • Investing
    • Stock
    • Economy
    • Editor’s Pick