‘Going to be good for 90 years': Trump defends record on Social Security

Al Jazeera

3 days ago

United States President Donald Trump has marked the 90th anniversary of Social Security with a defence of his administration's policies toward the programme — and attacks on his Democratic rivals.
On Thursday, Trump signed a presidential proclamation in the Oval Office, wherein he acknowledged the 'monumental' importance of the social safety-net programme.
'I recommit to always defending Social Security,' the proclamation reads.
'To this day, Social Security is rooted in a simple promise: those who gave their careers to building our Nation will always have the support, stability, and relief they deserve.'
But Trump's second term as president has been dogged by accusations that he has undermined programmes like Social Security in the pursuit of other agenda items, including his restructuring of the federal government.
What is Social Security?
Social Security in the US draws on payroll taxes to fund monthly payments to the elderly, the spouses of deceased workers, and the disabled. For many recipients, the payouts are a primary source of income during retirement.
The programme is considered widely popular: In 2024, the Pew Research Center found that 79 percent of Americans believe Social Security should not be cut in any way.
Additionally, four out of 10 people surveyed sided with the view that Social Security should be expanded to include more people and more benefits.
But the programme faces significant hurdles to its long-term feasibility.
Last year, the Social Security Administration (SSA) published a report that found the costs for old-age, disability and survivors' insurance outstripped the programmes' income.
It noted that the trust funds fuelling those programmes 'are projected to become depleted during 2033' if measures are not taken to reverse the trend.
At Thursday's Oval Office appearance, Trump sought to soothe those concerns, while taking a swipe at the Democratic Party.
' You keep hearing stories that in six years, seven years, Social Security will be gone,' Trump said.
'And it will be if the Democrats ever get involved because they don't know what they're doing. But it's going to be around a long time with us.'
He added that Social Security was 'going to be destroyed' under his Democratic predecessor, former President Joe Biden, a frequent target for his attacks.
Criticism of Trump's track record
But Trump himself has faced criticism for weakening Social Security since returning to the White House for a second term in January.
Early on, Trump and his then-adviser Elon Musk laid out plans to slash the federal workforce and reduce spending, including by targeting the Social Security Administration (SSA).
In February, the Social Security Administration said it would 'reduce the size of its bloated workforce and organizational structure', echoing Trump and Musk's rhetoric.
The projected layoffs and incentives for early retirement were designed to cut Social Security's staff from 57,000 to 50,000, a 12.3-percent decrease.
Under Trump, the Department of Government Efficiency (DOGE) has also announced plans to pare back Social Security's phone services, though it has since backtracked in the face of public outcry.
In addition, Musk and Trump have attacked Social Security's reputation, with the former adviser telling podcast host Joe Rogan, 'Social Security is the biggest Ponzi scheme of all time.'
The two men even claimed Social Security is paying benefits to millions of long-dead individuals, though critics point out that those claims do not appear to be true.
The COBOL programming system used by the Social Security Administration marks incomplete entries with birthdates set 150 years back, according to the news magazine Wired. Those entries, however, generally do not receive benefits.
The Office of the Inspector General overseeing the Social Security Administration has repeatedly looked into these older entries. It confirmed that these entries are not active.
'We acknowledge that almost none of the numberholders discussed in the report currently receive SSA payments,' a report from 2023 said.
It also indicated that the Social Security Administration would have to pay between $5.5m and $9.7m to update its programming, though the changes would yield 'limited benefits' in the fight against fraud.
Still, Trump doubled down on the claim that dead people were receiving benefits on Thursday.
'We had 12.4 million names where they were over 120 years old,' Trump said. 'There were nearly 135,000 people listed who were over 160 years old and, in some cases, getting payments. So somebody's getting those payments.'
Questions after 'One Big Beautiful Bill'
Critics have also questioned whether Trump's push to cut taxes will have long-term effects that erode Social Security.
In July, Trump's signature piece of legislation, the so-called One Big Beautiful Bill Act (OBBBA), cemented his 2017 tax cuts. It also increased the tax deductions for earners who rely on tips or Social Security benefits.
But groups like the Committee for a Responsible Federal Budget, a bipartisan think tank, estimate that the One Big Beautiful Bill Act will shorten the timeline for Social Security's insolvency.
'The law dictates that when the trust funds deplete their reserves, payments are limited to incoming revenues,' the committee said in late July.
'For the Social Security retirement program, we estimate that means a 24 percent benefit cut in late 2032, after the enactment of OBBBA.'
Still, Trump has repeatedly promised to defend Social Security from any benefit cuts. He reiterated that pledge in Thursday's appearance.
'American seniors, every single day, we're going to fight for them. We're going to make them richer, better, stronger in so many different ways,' Trump said.
'But Social Security is pretty much the one that we think about, and we love it, and we love what's happening with it, and it's going to be good for 90 years and beyond.'
More than 69.9 million Americans received Social Security benefits as of July.