LARRY with Larry O'Connor

AARP's John Hishta Warns Social Security Faces a 20% Cut in 2032 Unless Congress Acts

The Social Security Trustees report just confirmed it: come 2032, benefits get automatically cut 20% for every retiree unless Congress acts — and Washington has spent 20 years doing nothing. Larry O'Connor sits down with AARP's John Hishta to break down exactly what "insolvency" means, who gets hit, and why no candidate running this year wants to touch the issue. It's your money, you paid in, and the clock is almost out. Pledge to protect Social Security at https://aarp.org/WeEarnedIt 0:00 The Social Security Time Bomb 1:08 2032 & The Automatic 20% Cut 4:57 The Brutal Math Behind It 6:02 Why Congress Won't Act 8:06 How To Fix It & The 50+ Vote 11:23 "It's My Money" + Where To Track It Watch LARRY with Larry O'Connor LIVE — Monday-Friday at 12PM Eastern on YouTube, Facebook, & Rumble! Watch the FULL episode of LARRY with Larry O'Connor: https://youtube.com/live/16IVWKG2fpc?feature=share Listen to LARRY with Larry O'Connor wherever you get your podcasts! SPOTIFY: https://open.spotify.com/show/7i8F7K4fqIDmqZSIHJNhMh?si=814ce2f8478944c0&nd=1&dlsi=e799ca22e81b456f APPLE: https://podcasts.apple.com/us/podcast/larry/id1730596733 SHOP OUR MERCH: https://store.townhallmedia.com/ BUY A LARRY MUG: https://store.townhallmedia.com/products/larry-mug Become a Townhall VIP Member today and use promo code LARRY for 50% off: https://townhall.com/subscribe?tpcc=ytdescription https://townhall.com/ https://rumble.com/c/c-5769468 https://www.facebook.com/townhallcom/ https://www.instagram.com/townhallmedia/ https://twitter.com/townhallcom