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Generating all kinds of hatred directed at boomers who are considered leeches, Matt Walsh and some prominent Repubs (Ben Shaperio Dana Loesch Peter Schiff) are jumping on the eliminate Social Security Retirement bandwagon so they can keep their 6.2%. 12.4 if self-employed. Politicians include. All Repubs and it looks like the movement is picking up steam in Repub circles. To provide a flavor
Started out with a 2% employer/employee split and expanded thru the years to 12.4% employer/employee split. There was
About $1.131 trillion in net payroll tax contributions for the Old-Age and Survivors Insurance (OASI) program alone was collected in calendar year 2025 and deposited as cash into the Treasury’s general fund.
I do not know of any politician who would favor eliminating 1.131 Trillion from the General Fund so payers could keep their 6.2%. Do you?
Very few elected Republicans have publicly endorsed eliminating Social Security for current elderly recipients. Most party leaders and candidates, including Donald Trump, have pledged not to cut benefits for people already retired or near retirement. Documented exceptions or near-exceptions include:
Senator Mike Lee (R-UT) said in a 2010 campaign appearance that it would be his objective “to phase out Social Security, to pull it up from the roots and get rid of it,” along with Medicare and Medicaid. He has not made this a current legislative priority in the same terms.
Senator Ron Johnson (R-WI) has called Social Security a “legal Ponzi scheme” and argued it (and Medicare) should be converted from mandatory entitlement spending to discretionary spending that Congress must reauthorize periodically.
Senator Rick Scott (R-FL) released a 2022 “Rescue America” plan that called for all federal legislation to sunset and require reauthorization every five years; critics noted this would place Social Security and Medicare under recurring review. Scott later stated he did not intend to sunset those two programs specifically.
Senator Tommy Tuberville (R-AL) has recently described Social Security on the Senate floor as the largest program “wasting our tax dollars” and a “scam.”
