Examining Rick Scott’s Claim That Medicare, Social Security Will Soon Go ‘Bankrupt’
In promoting his plan to “rescue America,” Sen. Rick Scott went too far in claiming that Medicare will go “bankrupt” in four years and Social Security in 12 years. Government trustees project that certain Medicare and Social Security trust funds would become depleted by then, but payments would continue, albeit at a reduced rate.
Scott made his remarks March 27 on “Fox News Sunday” when host John Roberts asked the Florida Republican about “An 11-Point Plan to Rescue America” — which is Scott’s blueprint for a Republican-controlled Congress after the 2022 elections.
Scott, chairman of...