The Hill
US · 5 hrs ago
✦ 75◉ Centre
Cruz says Trump Accounts offer path to Social Security privatization
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AI Analysis
Accuracy 75/100
Partisan intensity 35/100
ObjectivePartisan
◉ Centre ✓ Fair headline
Sen. Ted Cruz suggests that Trump Accounts for children born 2025-28 could potentially facilitate Social Security privatization by allowing payroll taxes to fund personal stock market investments rather than the federal program.
Cruz says Trump Accounts offer path to Social Security privatization
Sen. Ted Cruz (R-Texas) said Trump Accounts for children born from 2025-28 could open the door to Americans paying their payroll taxes into personal accounts invested in the stock market instead of to the federal government, which has borrowed from the Social Security trust fund for years. Cruz suggested at a panel discussion at the…
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