Donald Trump warned Tuesday that if the Democrats don’t approve funding, there are dangers to the future of Social Security and Medicare.
Trump said at a press conference that when he asked Democrats for feedback on the funding bills, one said, “It means death.”
“There’s nothing about death,” Trump said. “Theirs is death because they’re going to lose Medicaid, they’re going to lose Social Security, they’re going to lose Medicare, all of those things are going to be gone because the whole country would be bankrupt, and you’re not going to have any kind of medical insurance.”
They cap it at 160k a year. So if you make 3m a year, you’ll only pay on what is due on the 160k.
Getting rid of that, along with taxing the rich, would fix that problem. If 8 people have more wealth than like 4 billion people, it’s really not a “we need more people to keep this ponzi scheme” problem, it’s more of a France in the 1790s problem.
2025 cap 176,100
2026 cap 183,600
Interestingly, this is the first year that the congressional salary doesn’t hit the cap