Press Releases
Bessent: Trump Tax Scam Opened the Door to Privatize Social Security
WASHINGTON, DC – Today, President Trump’s Treasury Secretary Scott Bessent admitted the Trump tax scam created a “backdoor for privatizing Social Security.” The shocking confession comes just months after Bessent was confirmed by the Republican-led Senate after promising the Trump administration would not “touch” Social Security.
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Despite their repeated claims they wanted to protect Social Security, the Trump administration said the quiet part out loud: the Big Ugly Betrayal is a backdoor way to privatize Social Security. Once again the administration is risking the financial security of millions of Americans in order to protect a system rigged in the favor of big corporations and billionaires.”
