00:01Well this hearing is not about Medicaid but let me just point out there is in
00:05fact around a trillion dollars in cuts that are coming to Medicaid and we know
00:09that is a fact because fact-based people out in the real world like hospitals
00:14and nursing homes and doctors practices are already planning their finances for
00:20the crash in revenue that's going to come from the Republican built red tape
00:26bomb that's going to go off in Medicaid to basically drive people off it because
00:32they won't be able to keep up with the red tape requirement so that's where we
00:36are on that I can't let that go unrebutted with respect to Social Security
00:41well the trust funds going to be exhausted a year earlier than predicted a lot of
00:47that's thanks to the billionaire's bill that the Republicans jammed through it
00:52hits in 2032 just six years from now where Democrats we've been pretty out
00:57there we've got bills you can look at them kick the tires take your pot shots we
01:03have legislation that will make Social Security solvent for as far as the
01:08actual eye can see without cutting benefits where's the Republican
01:12proposal where is it it doesn't exist they want to go to a back room and get
01:19wheeler deals done that allow for benefit cuts and things like that that they
01:23don't want to own so they don't want to put it out there that's where we are the
01:27first thing that we should see is if Republicans want to solve Social
01:30Security put your plan on the table why hide it what do you want to do put it
01:35out there we've done that so while we're at it on Social Security not only is it
01:41running out of trust fund but we've also got Social Security Administration
01:48internal collapse thanks to Musk and his wretched little doggy boys going in and
01:54getting lots of people fired from their jobs we've got reporting that his little
02:00doggy boys took data planning to take Social Security private data and offer it to
02:06private employers so there are a lot of problems with Social Security but the
02:12big one is how do we make sure that benefits don't get cut in 2032 and we've
02:17got a plan we're not ashamed of our plan we put it out there it's actually not
02:21complicated you actually make people who are making huge amounts of income pay
02:26the same Social Security taxes as everybody else all the way up the rest of
02:30their income and if they're dodging their income because they're really fancy and
02:35they've been able to park it through various types of corporate obscuring go
02:42hunt that down and actually make sure that they've got to pay Social Security on
02:47that as well you shouldn't be able to hide your income through a corporate
02:50device and dodge Social Security that way it's still income you're still spending
02:54it that's still you know the way your your world works so we can do that remember
03:00the day when Biden at the State of the Union said no benefit cuts to Social
03:07Security and the whole room stood up standing oh unanimous bipartisan applause
03:13well if we're still there the math is really simple if you don't cut benefits
03:20you got to add revenue where would you want to go for revenue why not to the
03:25highest income people who aren't paying into it now beyond what an ordinary nurse
03:31or plumber would it doesn't make any sense why would you reward people for
03:37dodging their income through corporate screens so that they don't have to count
03:42it as payroll they bring it in other ways it just this shouldn't be hard this
03:49shouldn't be hard and the first step frankly is going to be our Republican
03:56colleagues put up or shut up give us a plan if you don't have one let's have a
04:03vote on ours and you can vote it down and own that but we have been very clear
04:08multiple Democrat senators have put out plan after plan that will make Social
04:12Security solvent mine actually make Social Security and Medicare solvent for 75
04:17years as far as the actuarial I can see according to both the Social Security
04:22and the CMS actuaries so we can do this it's lying there right in front of us is
04:28just a question of political will and if some people not wanting to own what they
04:33want to do to Social Security that's our problem thank you chairman
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