One advocate said the Texas Republican laid bare the "two-pronged strategy to push Social Security privatization: Creating the Trump accounts with one hand and gutting the Social Security Administration with the other."

In the not-too-distant future, Cruz envisioned, “we’re going to be able to go to parents and say, ‘Hey, you know that Trump Account your kid has? … Wouldn’t you like to be able to keep a portion of your tax payments that you’re paying already and, instead of sending it to Uncle Sam, wouldn’t you like to have a Trump Account just like your kid does?’'’

“My prediction is, within five years, that is going to have a really compelling constituency,” the Texas Republican added.___

  • BeardededSquidward@lemmy.blahaj.zone
    21·
    18 hours ago

    Cool, I knew my money was already going into a hole. Can I just opt out of social security at this point and invest that money into something more respectable? The answer is probably not.