At the Oval Office on Friday between President Trump and Ukrainian President Volodymyr Zelenskyy, the whole world saw a President clearly terrified of Vladimir Putin and Russia. But it wasn't President Zelenskyy, it was clearly President Trump. Before we get there today, however, some alarming news on today's BradCast on what appears to be enormous planned and/or threatened cuts at Social Security. [Audio link to full show follows this summary.]
Last week, our friend DAVID DAYEN, investigative financial journalist, author and Executive Editor of The American Prospect, was first to break the news of the Trump Administration making plans to cut the Social Security Administration (SSA) by half. That would mean, at a minimum, layoffs of tens of thousands of employees at the notoriously efficient agency which has never missed or even had a late payment since its founding in 1935 and whose administrative expenses are less than 1% of their total budget.
To achieve the type of massive cuts the Administration is actively devising, according to emails obtained by Dayen, it would likely have to include the closure of SSA field offices around the country, which service about 120,000 visitors each day. That includes signing up beneficiaries for various SSA services that amount to checks sent to some 73 million retired and disabled Americans who receive about $126 billion in social safety net payments from the agency each month.
On the heels of Dayen's reporting, most of the corporate media outlets have now confirmed plans by the Trump Administration to cut at least 7,000 workers. Dayen, who joins us on today's program, however, is standing by his reporting on the efforts being drawn up to slash much deeper and wider than that. The cuts, according to experts --- including the SSA's former Commissioner under President Biden --- could, within the coming months, result in much-needed payments to beneficiaries being delayed, at a minimum.
Former SSA Commissioner and former Maryland Gov. Martin O’Malley told CNBC over the weekend: "Ultimately, you’re going to see the system collapse and an interruption of benefits. I believe you will see that within the next 30 to 90 days." He advised that "people should start saving now."
Citing the fact that the agency is already under-staffed and operating with with 7,000 fewer employees than just a decade ago, Dayen tells me "there's about a 50-year low in terms of the number of employees at the Social Security Administration."
"Even before Donald Trump was inaugurated, people would say [SSA] was in an operational crisis from a lack of manpower to do the large and important work that needs to to be done. Every day in America, 10,000 people turn 65. The needs on the disability front have gone up year after year after year. There simply aren't enough people to process systems, many of which are still manual."
"Republicans have refused to fund the system whenever they get into power in the government, in even a small way. They force these cuts. It's a one-way ratchet, where the number of the workforce never gets rebuilt," Dayen explains, alluding to "lies" by folks like Elon Musk and House Speaker Mike Johnson who claim, without evidence, that SSA is a hotbed of "waste, fraud and abuse."
When these cuts are put in place, and field offices shut down, beneficiaries may be forced to travel hundreds of miles to have an in-person meeting or hearing regarding their benefits. Even phone services are likely to be cut. Last week, the Wall Street Journal reported that Trump's Acting SSA chief has "proposed using [private, for-profit] call center employees to replace SSA workers who staff an 800 number for beneficiaries."
"It sounds like Privatization 101, doesn't it?," quips Dayen. "This is what is done when privatizers get in power. They cut spending. They cut the workforce to make it look like they're slimming down the federal government. But those tasks still have to be performed, and they're usually performed by outside contractors who are more expensive than if you would do the actual activity in house."
Much more on all of that from Dayen today. Please tune in.
NEXT... We dive into Friday's shameful televised Oval Office meeting between President Trump, Vice-President Vance and Ukrainian President Zelenskyy, where Trump and Vance berated the heroic Ukrainian leader for not being grateful enough to them. Or something. In what devolved into a shouting match, at least on Trump and Vance's part, both of the American leaders took to echoing Russian propaganda and talking points at Zelenskyy after he'd flown to the U.S. to sign an agreement (incredibly enough) to give away half of his nation's natural resources to the U.S. in order to repay previous military support. All in the hopes of eventually coming to a peace agreement with Russia.
But, the Ukrainian President insisted, the U.S. needed to offer security guarantees if his country was to agree to any sort of ceasefire, given that Vladimir Putin had violated such agreements dozens of times in the paste, including the 1994 agreement when Ukraine gave up their nuclear weapons arsenal after the fall of the Soviet Union. In exchange, the pact between Ukraine, Russia, U.S., U.K., Germany, France and China guaranteed that Ukraine's sovereign borders would remain protected and secure. That is just one of many agreements broken by Putin. Thus, any such deal with Russia's belligerent strongman would require security assurances from Ukraine's allies...which the U.S., at least until Friday, has long been.
Shortly after Trump's televised Oval Office spectacle, Zelenskyy was sent away from the White House, which cancelled the planned signing of the resources agreement between the U.S. and Ukraine.
It was, as the New York Times' conservative Brett Stephens described it, "A Day of American Infamy", as Trump seemed to officially change sides in the war to support Russia and Putin...for some reason...after 80 post-WWII years of an unbreakable alliance with Western Europe.
Callers ring in today with thoughts on Friday's spectacle and more. But, of course, those listeners who, in recent years, were willing to call in to blame the U.S. and Ukraine for Russia's invasion, were nowhere to be found...
(Snail mail support to "Brad Friedman, 7095 Hollywood Blvd., #594 Los Angeles, CA 90028" always welcome too!)
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