39: PREVIEW: Social Security Reform: Capping Benefits for the Wealthiest Guest: Veronique De Rugy Veronique De Rugy discusses the looming Social Security deadline set for 2033, when the program faces a funding shortfall, and potential campaign responses durin
Update: 2025-10-31
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PREVIEW: Social Security Reform: Capping Benefits for the Wealthiest
Guest: Veronique De Rugy
Veronique De Rugy discusses the looming Social Security deadline set for 2033, when the program faces a funding shortfall, and potential campaign responses during the 2028 election cycle. De Rugy proposes a reform method she believes can be easily sold to the American people without raising taxes or causing inflation. Her specific proposal invites all Americans, from wealthy to poor, to share in solving the problem by capping benefits for those with the most money and the least need for the program. By capping benefits for the wealthiest seniors, the biggest beneficiaries would see the largest reductions, while those who truly need the program would see no cuts. She notes that today's seniors are generally doing much better financially than when the program was originally created.
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