Where Does Tillis Stand on Trump’s Plan to Deplete Social Security by 2023?

FOR IMMEDIATE RELEASE:

August 25, 2020

Where Does Tillis Stand on Trump’s Plan to Deplete Social Security by 2023?

In April, Tillis Described Creation of Social Security, Medicare as Times When “A Lot of Bad Occurred”

Raleigh, N.C. - Yesterday, the Social Security Administration revealed that President Trump’s plan to terminate the payroll tax could “deplete the Social Security trust fund within three years,” and put Social Security benefits at risk for millions of Americans. More than two million North Carolinians rely on Social Security every month, including more than 300,000 people with disabilities and 135,000 children.

This month, The Intercept revealed that as recently as April 2020, Senator Thom Tillis was openly criticizing the creation of Medicare and Social Security on conservative talk radio, singling out the New Deal and Great Society legislative programs as times when “a lot of bad occurred, a lot of things that we’re still dealing with.”

“Eliminating the payroll tax won’t solve our economic crisis, but it would permanently damage Social Security,” said Piedmont Rising Executive Director Casey Wilkinson.  “An unprecedented economic crisis is not the time for Senator Tillis and his Washington allies to gamble with the retirement security of North Carolina families. Tillis must make it clear to the Trump administration that he opposes this reckless scheme to deplete the Social Security trust fund and wipe out retirement benefits for millions of Americans.”

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