Christie: Social Security, Medicare cuts are a necessary ‘political risk’ in today’s economy
by Nick Robertson - 08/19/23 10:42 AM ET
Former New Jersey Gov. Chris Christie (R) said it’s time to take a “political risk” and consider changes to Social Security and Medicare benefits for young people.
Changes to the programs are necessary, or they could run out of money for everyone in about a decade as the country faces a rising national debt, the presidential candidate said.
“The most disgusting part of Joe Biden’s State of the Union address this year was when he stood up, and he said, ‘We’ll all agree, right? We’re not going to do anything to Social Security?’ And both sides got up and cheered,” Christie said at conservative radio host Erick Erickson’s conference in Atlanta on Saturday.
“[They’re] a group of liars and cowards, because they know they know that in 10 years, Medicare will be bankrupt. And in 11 years, Social Security will be bankrupt.”
The fund behind Social Security is on track to become insolvent in about a decade, according to federal analysis. If that happens, it can only pay out the amount of money it receives, meaning the average benefit would reduce significantly.
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https://thehill.com/homenews/campaign/4159979-christie-social-security-medicare-cuts-are-a-necessary-political-risk-in-todays-economy/