But we begin this hour with President Trump's economy, which is facing growing uncertainty after new signs that his tariffs are putting a squeeze on the US economy. In a move that could undermine confidence in the US economy, Trump yesterday fired the head of the Bureau of Labor Statistics just hours after the release of a weaker thanex expected jobs report. July's jobs report showed that only 73,000 jobs were added, well below Wall Street expectations, but stunning revisions to the May and June jobs number ...

We've got more money power politics and tonight comments from Treasury Secretary Scott Besson have a lot of people concerned about the future of Social Security. During an event in DC yesterday, Treasury Secretary Besson suggested the new Trump accounts for children could be a step towards removing the government's role in funding the retirement program. Watch this clip.Now with these accounts, they can be part of the system. In a way, it is a backdoor for privatizing social security. Like social security i ...

Proposed Changes To Phone Services For Social Security Beneficiaries Raise Concerns—Againhttps://t.co/h7S1XLEQ4K https://t.co/PskVoqYHhd ...

Many workers are not confident that Social Security will be around during their retirement. Here’s what you need to know about its future. https://t.co/NOrs7PuLRG ...

So, let's return now to a story that's causing a lot of waves around Washington at the moment was Tre Secretary Scott Bessent who appeared yesterday at an event in DC. And he said that these socalled Trump accounts that Republicans created in their massive tax and spending bill are actually a quote backdoor for privatizing Social Security. As the New York Times reports, under the law, which President Trump signed on July 4th, American babies born through 2028 are eligible to receive $1,000 from the federal ...

Healthcare & Social Security - The discussion revolves around a bill that cuts healthcare for the needy while giving tax cuts to billionaires and multinational corporations [3][4] - The Treasury Secretary's statement suggests a way to privatize Social Security, sparking controversy [3][4] - Medicaid is crucial for 70 million Americans directly and impacts the healthcare system for all 330 million Americans [10] - Medicaid provides home care and long-term care for the elderly, disabled, and chronically ill [11] - Proposed Medicaid cuts exacerbate the existing rural healthcare crisis [15] Political Accountability & Transparency - Congressman Richie Torres criticizes Donald Trump for breaking promises on Medicaid (cut by $1 trillion), Social Security, and the Epstein files [5] - The Epstein files are a matter of credibility and transparency, with calls for their release [20][21] - Concerns arise about Donald Trump's ties to Jeffrey Epstein, citing a 2002 New York Magazine profile and Alexander Acosta's appointment [24][25] - The speaker believes releasing the Epstein files will continue to be a burden around Trump's neck [26] Economic Impact - The bill slashes healthcare in both red and blue states while cutting taxes for billionaires and multinational corporations [6] - Constituents are primarily concerned about the cost of living, public safety, Medicaid, Medicare, and Social Security [19]

Within Donald Trump's big ugly bill is the creation of a new savings plan for children with the MAGA friendly name Trump Account. Yes, that name is baked into the law is what it is. Now, their overall idea isn't radically new. Similar ideas have been proposed by Democrats before, by Republicans before. And this new program functions functions essentially like individual retirement accounts with a few complicated rules. and they come with a $1,000 initial deposit from the federal government for children born ...

Program Overview - A new savings plan called "Trump Account" is being created for children [1] - The program is similar to individual retirement accounts with some complex rules [2] - Children born between January 1st, 2025 and December 31st, 2028 will receive an initial deposit of $1,000 from the federal government [2] - Parents can contribute up to $5,000 per year in tax-deferred contributions until the child turns 18 [3] Potential Implications - Treasury Secretary suggests the new Trump accounts could be a "backdoor for privatizing Social Security" [3][4]

Treasury Secretary Scott Bessent comes under fire for remark about so-called Trump accounts being a “backdoor for privatizing Social Security https://t.co/wdbaLuxDEp ...

Here are answers to 10 frequently asked Social Security questions, including when to file, how much recipients receive, and whether the program is in trouble. https://t.co/lSaV6FPwuX ...