Fox News Did Not Release Trumps Rules on Congress Retirement

Washington, D.C. - U.S. Senators Elizabeth Warren (D-Mass.), Kirsten Gillibrand (D-N.Y.), Chris Van Hollen (D-Md.), Richard Blumenthal (D-Conn.), Tammy Duckworth (D-Ill.), Tammy Baldwin (D-Wis.), and Jacky Rosen (D-Nev.) pressed President Donald Trump directly on his administration’s threats to raise the Social Security retirement age, which would amount to a benefit cut for millions of Americans. The letter comes shortly after Trump’s Social Security Commissioner, Frank Bisignano, signaled he would be open to raising the retirement age during a Fox Business appearance.

To help us understand your plans regarding the retirement age, we request answers to the following questions no later than October 13, 2025: 1. Were Commissioner Bisignano’s comments on Fox Business consistent with the White House’s stance on raising the retirement age? 2. Will you commit to vetoing any legislation passed by Congress that increases the age of eligibility for Social Security?

Trump Accounts are individual retirement accounts (IRAs) that operate under a unique set of rules. Non-Trump Account IRAs are retirement savings accounts that workers may establish independently at financial institutions.

Social Security's trustees estimate that Congress would need to permanently raise payroll taxes for all income groups by 3.65 percentage points, from 12.4 percent to 16.05 percent, to cover the program's 75-year funding gap.

Here's how the claim usually went, per the aforementioned posts: This was taken from Fox News. I wonder how loud it'll get if Trump could pull this off. It will be interesting. President Trump is asking everyone to share this, in three days, ...

The alleged rules, according to many Facebook posts, included proposals like removing pensions for Congress members and requiring lawmakers to participate in the same government-run social services many Americans use, like Medicare for health care insurance and Social Security for retirement paychecks. Here's how the claim usually went, per the aforementioned posts: NO comments please. YOU Are entitled to YOUR opinions as an American, and so Am I. If you agree share! This was taken from Fox News. I wonder how loud it'll get if Trump could pull this off. It will be interesting. In three days, most people in the United States will have seen the message if you share. This is an idea that should be passed around, regardless of political party.

The post says “Congress (past, present, & future)” must participate in Social Security, and that “[a]ll funds in the Congressional retirement fund” must “move to the Social Security system immediately.” In fact, members of Congress have been required since 1984 to pay Social Security taxes and participate in the system, according to a CRS report. A search of legislation introduced in Congress since Trump took office shows there has been no “Congressional Reform Act” proposed.

Trump's housing proposal allows 401(k) withdrawals for down payments, but it could cost retirees $300,000 to $400,000 while making homes more expensive.

House Democrats led by Jamie Raskin introduce a bill to create a commission evaluating whether the 25th Amendment could be used to remove Trump.