President Donald Trump touted his efforts to lower costs for senior citizens Thursday during remarks commemorating the 90th anniversary of Social Security.
President Franklin D. Roosevelt signed the Social Security Act into law in 1935. Trump’s One Big Beautiful Bill Act, signed into law on July Fourth, will allow for the majority of the program’s beneficiaries to pay “no tax” on their social security benefits.
“On the campaign, I made a sacred pledge to our seniors that I would always protect Social Security, and under this administration, we’re keeping that promise and strengthening Social Security for generations to come,” the president told reporters gathered in the Oval Office. “You keep hearing stories that in six years, seven years, Social Security will be gone, and it will be if the Democrats ever get involved, because they don’t know what they’re doing, but it’s going to be around a long time with us.”
“Almost 60 million American seniors rely on Social Security for peace of mind and a life of dignity and retirement,” he continued. “These Americans paid into the system, and they deserve leaders in Washington who are going to protect the benefits they’ve had and protect Social Security.”
The president also touted additional efforts to protect the program, including cutting average Social Security call wait times by 30% compared to last year, booting an estimated 275,000 illegal immigrants off the Social Security beneficiary lists, and signing a presidential proclamation commemorating the anniversary.
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The proclamation claims “Social Security is rooted in a simple promise: those who gave their careers to building our Nation will always have the support, stability, and relief they deserve.”
Watch Trump’s remarks in full below:
