Treasury Secretary and consummate weasel Steve Mnuchin put on his best tax-payer funded dancing shoes on Wednesday’s Senate Finance Committee meeting, painfully dancing around President Trump’s 2021 budget that takes a chainsaw to Social Security.
Since the Trump Admin produces bullsh*t at the rate of actual bulls, Mnuchin cynically used “Washington Speak” while essentially admitting that his boss intends to make drastic cuts to the popular program millions of Americans paid into.
“I believe it’s not a cut, it’s a reduction in the rate of increase. And it’s not to the benefits of people on Social Security,” said Mnuchin.
Of course, this comes mere days after the president vigorously vowed that he’s “not touching” Social Security. When has this President ever shown restraint when it comes to touching things that want nothing to do with him? Sen. Catherine Cortez Masto (D-Nev.) held Mnuchin’s feet to the fire, however.
“If that is not a cut, then I would love to talk to you about what it is this administration values and what they see, how these groups and important individuals in our communities are being affected,” responded Cortez Masto. “My concern is this administration says one thing, but their actions are just the opposite.”
The Trump admin claims there are no cuts to Social Security in the budget. So why wouldn't Sec Mnuchin answer a simple yes or no question about whether there are billions in cuts to Social Security, hurting seniors?
Answer: because there are cuts to Social Security in the budget pic.twitter.com/hS503RrSe0
— Senator Cortez Masto (@SenCortezMasto) February 12, 2020
Alex Lawson, executive director of progressive advocacy group Social Security Works, brutally took down the wall street weasel’s pathetic efforts.
When Steve Mnuchin or any other politician says that a ‘reduction in the rate of increase’ is different than a benefit cut, they are shamelessly lying, Lawson said. If Social Security benefits were to stay flat every year, they would quickly begin losing value due to inflation. We need to make annual cost-of-living adjustments more generous, not less.
The 2020 Democratic field is in the process of making his a very big issue as they all unveil plans to bolster Social Security.