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The "One Big Beautiful Bill" included a $6,000 enhanced tax deduction for seniors. Republicans sold it as a gift — a little something extra for people who earned it. On June 10, 2026, the Social Security Trustees released their annual report, and the receipt finally came due. When the fund empties, the law triggers an automatic 22% cut to every check — roughly $500 a month for the average beneficiary, hitting 70 million Americans. Speaker Mike Johnson, two days before this report dropped, called Social Security an "entitlement" that needs to be "adjusted." They called it a gift, but in reality it's a robbery. Watch: https://t.co/oGwJx4FVnt

Mike Johnson calls Social Security an “entitlement” and says he has a plan for it to be “adjusted and fixed.”   Social Security is an earned benefit – not an entitlement – and as we’ve warned repeatedly, it’s about to hit a cliff, now in 2032. In Connecticut, that would mean an average loss of $556/month in benefits.    The way to prevent this is by making the rich pay their fair share in payroll tax – the same as middle and working-class Americans.

FYI: Social Security has been funded by American workers for 90 years. Every paycheck. Every job. Every decade. Congress has borrowed $2.9 trillion from the Trust Fund. None of them asked permission. You saved it. They spent it. Now they’re asking you to accept less. Source: Social Security Administration / Congressional Budget Office