{"id":3295,"date":"2025-08-16T20:37:08","date_gmt":"2025-08-16T20:37:08","guid":{"rendered":"https:\/\/www.europesays.com\/ie\/3295\/"},"modified":"2025-08-16T20:37:08","modified_gmt":"2025-08-16T20:37:08","slug":"concerns-for-social-securitys-future-under-trump-mount-as-program-celebrates-milestone","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/ie\/3295\/","title":{"rendered":"Concerns for Social Security&#8217;s future under Trump mount as program celebrates milestone"},"content":{"rendered":"<p>SEATTLE \u2014 The 90th anniversary of Social Security did not pass quietly this week. Some advocates and lawmakers used the day to draw attention to their concerns about the program&#8217;s future.<\/p>\n<p>\u201cThis is a promise that was made to the American public,\u201d Advocacy Director for AARP Washington, Cathy MacCaul said. \u201cWorkers pay into this each and every paycheck, Social Security is there because we&#8217;ve earned it. We have earned this benefit. We want to make sure we protect and strengthen Social Security.\u201d<\/p>\n<p><strong>RELATED | <a href=\"https:\/\/komonews.com\/news\/nation-world\/trump-to-mark-90th-anniversary-of-social-security-act-proclamation-one-big-beautiful-bill-zero-tax-elderly-disability-critics-roosevelt#\" target=\"_blank\" title=\"https:\/\/komonews.com\/news\/nation-world\/trump-to-mark-90th-anniversary-of-social-security-act-proclamation-one-big-beautiful-bill-zero-tax-elderly-disability-critics-roosevelt#\" class=\"themeColorForLinks\" rel=\"nofollow noopener\">Trump marks 90th anniversary of Social Security Act with proclamation<\/a><\/strong><\/p>\n<p>MacCaul said while we celebrate 90 years of Social Security, it is not a time to become comfortable.<\/p>\n<p>&#8220;As the administration is looking for waste, fraud, and abuse, what we&#8217;re saying is it\u2019s not in Social Security,\u201d she said.<\/p>\n<p>Just how impactful is Social Security? Here are some quick numbers from AARP Washington:<\/p>\n<ul>\n<li>More than 1.4 million Washingtonians receive Social Security.<\/li>\n<li>40% of beneficiaries 65 and older rely on Social Security for at least 50% of their income.<\/li>\n<li>In Washington state alone, Social Security contributes an estimated $31.7 billion to the state&#8217;s economy.<\/li>\n<\/ul>\n<p>Right now, the concern from Democratic leaders is the action that President Donald Trump could take, namely, privatizing Social Security.<\/p>\n<p>\u201cIt\u2019s the wrong idea,\u201d Senator Maria Cantwell (D-Washington) said. \u201cThis has provided stability for millions of people over decades, and we need to fight to protect it.&#8221;<\/p>\n<p>Those concerns come after comments made By U.S. Treasury Secretary Scott Bessent, who called a new Trump initiative a &#8220;backdoor for privatizing Social Security.\u201d He <a href=\"https:\/\/x.com\/SecScottBessent\/status\/1950675795866988545\" target=\"_blank\" title=\"https:\/\/x.com\/SecScottBessent\/status\/1950675795866988545\" class=\"themeColorForLinks\" rel=\"nofollow\">later clarified in a social media post<\/a> that the Trump Administration is &#8220;committed to protecting Social Security and to making sure seniors have more money.&#8221;<\/p>\n<p>On Thursday, President Donald Trump <a href=\"https:\/\/www.whitehouse.gov\/presidential-actions\/2025\/08\/90th-anniversary-of-the-social-security-act\/\" target=\"_blank\" title=\"https:\/\/www.whitehouse.gov\/presidential-actions\/2025\/08\/90th-anniversary-of-the-social-security-act\/\" class=\"themeColorForLinks\" rel=\"nofollow noopener\">signed a proclamation honoring the 90th anniversary<\/a> of Social Security. Afterwards, he said he will honor his \u201csacred promise\u201d made on the campaign trail to protect the program.<\/p>\n<p>\u201cUnder this administration, we&#8217;re keeping that promise and strengthening Social Security for generations to come,\u201d Trump said.<\/p>\n<p><strong>SEE ALSO | <a href=\"https:\/\/komonews.com\/news\/local\/identity-theft-rules-social-security-recipients-washington-state-north-seattle-march-31-14-million-washingtonians-administration-aarp-retirees-applicants-bills-impoverished\" target=\"_blank\" title=\"https:\/\/komonews.com\/news\/local\/identity-theft-rules-social-security-recipients-washington-state-north-seattle-march-31-14-million-washingtonians-administration-aarp-retirees-applicants-bills-impoverished\" class=\"themeColorForLinks\" rel=\"nofollow noopener\">New identity rules spark long waits and worries for Social Security recipients<\/a><\/strong><\/p>\n<p>Advocates, like MacCaul agreed that there are some improvements that could be made to advance the system, but said everyone needs a seat at the table if that is going to get done effectively.<\/p>\n<p>\u201cLet&#8217;s do this together. Let&#8217;s make sure we&#8217;re not making urgent, rash decisions that could impact the program overall,\u201d MacCaul said. \u201cWe don&#8217;t want to relive the 1930s and the great depression, where older adults were standing in soup lines and bread lines. That is not purpose and dignity in your retirement.&#8221;<\/p>\n<p>But Trump said there is no credence to any claims that Social Security will be gone away with under his administration.<\/p>\n<p>\u201cYou keep hearing stories that in six years, seven years, Social Security will be gone, and it will be if the Democrats ever get involved because they don&#8217;t know what they&#8217;re doing, Trump said. \u201cBut it\u2019s going to be around a long time with us.&#8221;<\/p>\n","protected":false},"excerpt":{"rendered":"SEATTLE \u2014 The 90th anniversary of Social Security did not pass quietly this week. Some advocates and lawmakers&hellip;\n","protected":false},"author":2,"featured_media":3296,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[177],"tags":[3717,3721,79,3718,179,18,19,17,234,235,3720,3719,1078,187],"class_list":{"0":"post-3295","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-personal-finance","8":"tag-anniversary","9":"tag-benefits","10":"tag-business","11":"tag-concerns","12":"tag-economy","13":"tag-eire","14":"tag-ie","15":"tag-ireland","16":"tag-personal-finance","17":"tag-personalfinance","18":"tag-privatizing","19":"tag-protect","20":"tag-social-security","21":"tag-trump"},"share_on_mastodon":{"url":"","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/3295","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/comments?post=3295"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/3295\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media\/3296"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media?parent=3295"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/categories?post=3295"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/tags?post=3295"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}