Leon County Indivisible
Activism for Busy People
This week, about 350,000 Haitians in the US will lose their legal status in light of a US Supreme Court decision on June 25 that allows the Trump administration to gut the Temporary […]
Scott Bessent, Donald Trump’s Treasury Secretary, let the cat out of the bag when he said that their new “Trump Accounts” are intended as a backdoor way to privatize Social Security. Their idea is to get people to put money in these accounts beyond the $1,000 the government will give each newborn, so that they will be able to phase out or scrap Social Security. Your “Trump Account” will serve as a replacement. You would be charged thousands of dollars per year to manage these ‘Trump Accounts”, making you poorer and Wall Street richer.
Health care is different from other goods, like movie tickets, cocktails, or cars. If people can’t pay for health care, they don’t suddenly stop needing it. So, where do people get their health care if they don’t have health insurance? Increasing the uninsured population places financial burdens on two important parts of the social safety net: community health clinics and nonprofit hospitals. It also increases the probability of bankruptcy by 40%.
As Republicans gear up for next year’s midterm elections, vulnerable lawmakers who supported the so-called “Big Beautiful Bill” are attempting to recast themselves as protectors of the health care program they sent to the wood chipper.
Social Security benefits affect millions of households. For some, it’s their only source of income. With recent changes in it polices in in April, many people are seeing reduced monthly payments.
Speaking with Breitbart at the far-right media company’s policy event Wednesday, Treasury Secretary Scott Bessent referred to the “big, beautiful bill’s” “Trump accounts” as a “backdoor” for privatizing the public program.