Business

Republicans' Secret Plan to Privatize Social Security Debated

Updated 2026-05-13 14:20 UTC 1 source Negative

Republican Senator Ted Cruz argued that 'Trump accounts' are being used as a Trojan horse to privatize Social Security. Critics view this as a lousy idea, raising concerns about the future of America's social safety net.

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MarketWatch

Republicans are ‘secretly’ using ‘Trump accounts’ to privatize Social Security. It’s a lousy idea.

Ted Cruz argued that “Trump accounts,” are the Trojan horse that the GOP used to sneak Social Security privatization past the public.

2026-05-13 14:00 UTC