Trump Ally Confirms Trump Accounts Are “A Backdoor For Privatizing Social Security” Arrow

Despite Donald Trump's campaign promises to protect Social Security and repeatedly vowing that Social Security is "100% safe," Fox News host and Trump ally Larry Kudlow just yesterday echoed what the Trump administration has already admitted (and then tried to clean up): The Trump Accounts are "a backdoor for privatizing Social Security."

In July of last year, Treasury Secretary Scott Bessent said that the Trump Accounts are a "backdoor for privatizing Social Security." Then, Social Security Administration Commissioner Frank Bisignano said he would consider raising the retirement age. And just recently, Centers for Medicare & Medicaid Services Administrator, Mehmet Oz, said on numerous occasions that Americans should "not retire" in order to generate $3 trillion to reduce the national debt.

In response, DNC Rapid Response Director Kendall Witmer released the following statement:

"Hardworking Americans earn their Social Security and retirement benefits, and now Donald Trump and his administration are hell-bent on taking them away. Trump's lackeys have slipped up again and again - admitting that raising the retirement age or eliminating Social Security is their end goal. Trump will take every opportunity to sell out everyday Americans as he rips away retirement benefits, health care, and food assistance and secures massive tax cuts for his wealthy donors and billionaire corporations."