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With Musk Targeting Social Security, Democrats See a Political Opportunity
After the 2004 elections, a Republican president, newly returned to office, decided the political moment was right to overhaul Social Security, making it more like private retirement plans in a bid to prevent it from going bankrupt in the future. Two years and a bruising political fight later, Democrats took back the House and Senate from Republicans.
Democrats now believe history may be about to repeat itself.
Elon Musk, the multibillionaire overseeing the Trump administration effort to drastically shrink government, has derided the nation’s most popular federal program as a sketchy pyramid scheme while pushing to close offices and eliminate thousands of jobs of those who administer the program. In doing so, he has touched a topic that has traditionally been known as the third rail of American politics. And Democrats, who increasingly regard Mr. Musk as a more opportune political target than even President Trump himself, have rushed to highlight what they consider to be a major political blunder.
“They don’t learn,” Senator Chuck Schumer of New York, the Democratic leader, said of Republicans as his party pounced on the issue. “Their biggest mistake was going after Social Security when George Bush was president. And now they are doing it again.”
Illustrating the emphasis Democrats intend to put on the subject, Senator Elissa Slotkin, the Michigan Democrat who delivered her party’s rebuttal to Mr. Trump’s congressional address on Tuesday night, hit on Social Security as well, using it to cast doubt on the president’s vows not to touch the federal retirement program.
“The president claims he won’t, but Elon Musk just called Social Security the biggest Ponzi scheme of all time,” she said in her remarks, quoting a social media post by Mr. Musk.
Democrats were already pressing Republicans on potential cuts to Medicaid, the government health coverage program for lower-income Americans, but they view threats to Social Security as having broader resonance.
Congressional Republicans respond that Democrats are distorting the Trump administration’s — and their — position on Social Security and that they are simply trying to bolster the finances of the program to guarantee that it won’t run out of money, allowing future generations, like past ones, to get the money they paid in.
“We need to make sure that Social Security is strengthened and saved for the future so that everyone who’s paid in can get it,” said Senator John Barrasso of Wyoming, the No. 2 Senate Republican.
Social Security has long been the political backbone of the Democratic Party. For years, Democrats have capitalized on the slightest hint of any attempt to dismantle or privatize it, as they did when President George W. Bush pushed the idea in 2005, much to the detriment of his party’s midterm election fortunes.
The issue is so volatile that when Senator Rick Scott, Republican of Florida, put forward a policy agenda during the 2022 midterm elections that would have theoretically required the program to expire and be re-evaluated, he was immediately repudiated by Republican leaders and eventually had to disavow his own plan.
Mr. Trump has repeatedly emphasized that he has no plans to tinker with Social Security or Medicare. But Democrats see something afoot with Mr. Musk’s derogatory comments and Mr. Trump’s claims that the program is riddled with fraud.
Despite multiple reviews that have found Social Security to be one of the better-run federal programs with a record of never missing payments, Mr. Musk has characterized the program as riddled with fraud and waste.
Mr. Trump emphasized that theme in Tuesday night’s address, saying that millions of obviously long-dead beneficiaries remain on the Social Security rolls. But the claim he and Mr. Musk make that benefits still flow to those people has been widely debunked. The agency says that it is a data recording problem, and has reported that just under 90,000 people 99 years or older received Social Security benefits in December — slightly more than the 85,000 Americans over the age of 100 recorded by the Census Bureau.
Still, Democrats see the focus by Mr. Musk and Mr. Trump on erroneous claims of fraud as laying the groundwork for a benefit review that could affect those lawfully receiving monthly benefits as Republicans search for ways to offset the cost of hugely expensive tax cuts.
Democrats say an equal threat to the program are plans to reduce the work force that had already shrunk, including an effort to pare down as many as 7,000 employees while consolidating regional offices and ending the leases on dozens of field offices around the country. They say the loss of personnel and the shuttering of offices would be tantamount to denying benefits to applicants who would face long waits to talk to advisers or to receive their assistance.
Senator Patty Murray, Democrat of Washington, said such delays would break the inherent promise of Social Security that Americans can collect what they contributed.
“Part of that promise means being able to get on the phone with an actual human being without having to wait on hold for an hour or more, visit an in-office person to help you get your benefits without having to jump through hoops or drive hundreds of miles,” Ms. Murray said. “But Trump and Elon are decimating the Social Security Administration and without adequate staff at the agency, there will be people who cannot get their benefits period.”
Some Republicans also expressed concern about how cuts could affect the level of service their constituents receive.
“I do know that it is a whole lot easier to work your way through Social Security benefits if you’re doing it in person with somebody who is well trained in how the system works,” said Senator Mike Rounds, Republican of South Dakota. “Trying to do any of that stuff online is much more difficult.”
But Mr. Rounds also credited Mr. Musk with bringing attention to the fiscal condition of Social Security, which is in such dire financial trouble that benefit cuts could come within a decade if nothing changes.
“He’s at least ringing the alarm that the rest of us have tried to do,” said Mr. Rounds, who added that obvious fixes were available.
Multiple ideas are circulating to stabilize the program, such as lifting the current $176,100 cap on the amount of pay that is taxed for Social Security.
“If Congress eliminated the payroll tax cap for individuals with annual income in the millions of dollars — an amount Elon Musk makes every two hours — and collected the money they are illegally evading in taxes, Social Security would be fully funded for decades,” said Senator Ron Wyden of Oregon, the senior Democrat on the Finance Committee.
But no one on Capitol Hill is talking seriously about raising that cap any time soon. For now, the push by Mr. Musk to shrink the agency and the beneficiary rolls will guarantee that Social Security remains at the center of the clash over federal spending in the coming months and next year’s elections.
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Video: Federal Reserve Holds Interest Rates Steady
new video loaded: Federal Reserve Holds Interest Rates Steady
transcript
transcript
Federal Reserve Holds Interest Rates Steady
In his first news conference as the Federal Reserve chair, Kevin Warsh announced that interest rates would remain unchanged.
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The committee decided to maintain the target range for the Fed funds rate at 3.5 to 3.75 percent. We recognize that inflation has been running well ahead of the Fed’s long-stated inflation goal of 2 percent. That’s been going on for more than five years. Persistently high prices are a burden for the American people. But the recent past need not be prologue. Thank you all very much.
By Alisa Shodiyev Kaff
June 17, 2026
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Senate Republicans grow increasingly frustrated with Trump blindsiding them
WASHINGTON — As President Donald Trump scrambles to wrap up his war with Iran, he’s escalating another one much closer to home, against members of his own party in Congress.
From the sidelines of the Group of Seven summit in France, Trump ordered the Senate on Wednesday to cancel an afternoon hearing for Jay Clayton, his nominee to be director of national intelligence, and threatened not to sign a reauthorization of a critical surveillance law unless the Senate passed a sweeping election bill that has already failed — repeatedly.
The hearing delay not only blindsided and frustrated Senate Republicans, but it also completely derailed Majority Leader John Thune’s carefully laid plans to fast-track the nomination in a bid to unlock Democratic votes for the now-expired spying program.
Asked why Trump would pull the rug out from under them, Thune, R-S.D., said, “Good question.”
The Clayton incident isn’t the first time in recent weeks Trump has made Thune’s life more difficult.
Asked whether Trump and Senate Republicans are on different pages, Sen. Lisa Murkowski, R-Alaska, replied, “It may not be so much a different page, but he’s turning it ahead without telling us about it.”
The already fragile relationship is nearing a breaking point as Trump uses his clout to knock out senators in primaries, issue unachievable demands and repeatedly force the caucus into politically fraught positions. A number of Republican senators have expressed confusion, since his actions make it harder for them to push the White House’s own agenda forward.
“It’s undermining our ability to produce the very results he wants,” said retiring Sen. Thom Tillis, R-N.C. He called the Clayton postponement “a colossal mistake.”
GOP leaders pleaded with Trump to nominate a permanent national intelligence director after his acting pick, Bill Pulte, created a bipartisan firestorm on Capitol Hill over his lack of national security experience. Pulte is a close Trump ally and housing official who has pushed for mortgage fraud investigations into the president’s perceived enemies.
Once it became clear GOP leaders were looking to move Clayton’s nomination quickly — meaning Pulte would never step foot in the full-time role — Trump decided to throw a wrench into the process.
On Wednesday, after Trump instructed the Senate to stall his own nominee, some of his Republican allies said they’ve never seen anything like it before.
“No. I’ve only been in the Senate for 11 years, so no, I haven’t,” said Sen. Mike Rounds, R-S.D., who is running for re-election with Trump’s endorsement.
White House spokeswoman Abigail Jackson said in a statement: “The White House and President Trump have enjoyed working closely with Leader Thune and Senate Republicans to deliver on many important promises to the American people, including the largest tax cut for working Americans in history, and the Secure America Act that fully funds the President’s border security agenda. We look forward to continuing these close relationships and fulfilling President Trump’s priorities that Americans elected him to enact.”
Some rank-and-file Trump allies are trying to steer clear of the clashes.
“You could probably talk to other people around here. I don’t get caught up in, like, the palace intrigue,” Sen. Eric Schmitt, R-Mo., said when he was asked about Trump’s pushing to stall Clayton. “They tend to generally work themselves out.”
Senate Intelligence Committee Chairman Tom Cotton, R-Ark., repeatedly declined to answer questions from reporters Wednesday but, in announcing he would postpone the Clayton hearing, called the delay “regrettable.”
Cotton’s Democratic counterpart on the committee, Sen. Mark Warner, D-Va., said that “this is not a problem between Democrats and Republicans in the Senate,” placing the blame squarely on Trump.
“He threw a live hand grenade into this whole process,” Warner said.
It was just the latest instance in recent weeks of Trump’s timing disrupting his own agenda on Capitol Hill. His requests for $1 billion in ballroom security money delayed the ICE and Border Patrol funding bill. His administration’s announcement of a $1.8 billion “anti-weaponization” fund to compensate allies stalled it even further. And his choice of Pulte came days before the FISA Section 702 program expired, ending any hopes of a deal by last Friday’s deadline.
Adding to Republican frustration was Trump’s move to oust Sen. John Cornyn, R-Texas, with his endorsement of state Attorney General Ken Paxton in the primary. Not only is Cornyn well-liked among his colleagues, but GOP strategists also fear Paxton’s nomination will make it tougher to hold the seat this fall, boosting Democrats’ chances of winning control of the Senate.
“It’s not about sympathy; it’s about basically being able to function,” Cornyn said when he was asked whether he’s sympathetic to Thune’s situation. “I think part of the problem is not President Trump, it’s us making unrealistic promises, and then when they’re not attained, then criticizing one another.”
For Trump’s allies, the small slights are adding up. On Monday, when senators arrived at the Capitol for afternoon votes, they were flying blind in the face of questions about the emerging Iran deal. They weren’t given details, even as many of them have been asking to see the text of the memorandum of understanding. The White House sent them talking points later that evening, after they spent hours walking around the Capitol and addressing reporters.
Asked Wednesday early afternoon about the memorandum of understanding with Iran, Schmitt replied, “The MOU that no one’s seen?”
Even Thune appears to have been left in the dark.
“We haven’t seen anything yet, so there’s nothing really at this point to react to,” he told reporters of the memorandum of understanding Tuesday morning, though Trump had announced the 60-day ceasefire Sunday.
A senior U.S. official provided NBC News with a copy of the memorandum of understanding Wednesday, saying the U.S. originally held back on releasing the text at the request of Iran.
Much of the tension stems from Trump’s inability to secure his top legislative priority of passing the SAVE America Act, a sweeping election law to impose voting limits in every state. Democrats vehemently oppose it, ensuring it can’t get the 60 votes needed to pass the Senate. And most GOP senators are resolute in their opposition to abolishing the filibuster — another persistent Trump demand — seeing it as a long-term protector of conservative priorities.
Trump has also tried — and failed — to get Republicans to fire the parliamentarian, essentially the Senate’s referee, who has determined that the bill is ineligible for a simple-majority vote under Senate rules. And in a clear rebuke to Trump, his allies’ attempts to add it to the ICE and Border Patrol funding bill this month couldn’t even get 50 votes, losing four Republicans and failing 48-50.
“The only way you could get there is to undo or get rid of the legislative filibuster, and there aren’t even close to the votes here in the United States Senate in order to achieve that,” Thune told reporters this month of the SAVE America Act. “It’s not something that we’re going to be able to get done absent having an election, electing some more Republicans.”
Asked Wednesday about the Trump-Thune tensions, Sen. Cynthia Lummis, R-Wyo., said that Thune speaks for the Republican conference and that nobody is vying to replace him. She said Thune is right to candidly tell Trump the votes aren’t there to pass the election bill.
“He should be as frank as he’s being,” Lummis said. “My favorite saying: Tell the truth; it’s easier to remember.”
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How Republicans Are Breaking Up Majority-Black Districts
After the Supreme Court weakened the Voting Rights Act in late April, Republican lawmakers across the South scrambled to redraw their states’ congressional maps.
The court’s decision allowed Republicans, who hold supermajorities in legislatures across the South, to go after more Democratic-held House districts, extending a lengthy tit-for-tat redistricting battle with Democrats that had seemed at an end. While Republicans said they were focused only on partisan advantage, not race, the changes effectively targeted areas where Black voters form the majority.
The effort angered many Black Democrats, who accused conservatives of intentionally undermining their voting power in a region with a painful history of discrimination. Voting remains racially polarized in the South, so Black voters have historically backed Democrats.
Here’s a look at how Louisiana, Alabama and Tennessee broke up majority-Black districts. At least one other Southern state, Georgia, aims to follow suit before the 2028 election.
Louisiana
Louisiana’s former congressional map was at the center of the case before the Supreme Court, which declared the map an illegal racial gerrymander. The new map targeted the Sixth Congressional District, a fairly new majority-Black seat that included the capital, Baton Rouge.
About a third of voters in Louisiana are Black.
Black outlines indicate majority-Black districts.
Distribution of Black voters in …
How Black voters were redistributed in Louisiana
During the debate over redistricting, the president of the State Senate, Cameron Henry, a Republican, told reporters, “If you’re taking the variables in place, such as incumbency, such as party, into some of the factors, you don’t have a lot of options.”
Where more Black or white people live
Where Trump orHarris got more votes
Most of the changes center on Black — and mostly Democratic — voters who live around Baton Rouge. The district lines, however, largely preserve the New Orleans-area majority-Black seat held by Representative Troy Carter, a Black Democrat.
Alabama
After the Supreme Court ruling, Alabama asked the courts to allow the state to use a map that the legislature approved in 2023 but that was later rejected by a federal court. The Birmingham-based federal court had ordered Alabama to draw a map with a second majority-Black district or something “close to it.”
More than one in four Alabama residents are Black.
Black outlines indicate majority-Black districts.
Distribution of Black voters in …
How Alabama dissolved one of its two Black voting strongholds
An independent special master drew a new district that stretched from the capital, Montgomery, through the region known as the Black Belt for its rich, loamy soil, to Mobile, a coastal city.
Outside the South, “there’s not that history of racial animus and racial discrimination towards blocking or minimizing your vote,” said Representative Shomari Figures, a Black Democrat who won the new majority-Black seat in 2024 only to see it redrawn to favor Republicans in 2026.
Where more Black or white people live
Where Trump orHarris got more votes
Republicans said the 2023 map would ensure representation for the Gulf Coast region of the state because it did not split Mobile from the rest of Mobile County. This month, the Supreme Court said Alabama could use it.
That leaves the state with one majority-Black district, which includes the city of Selma. That seat is held by Representative Terri Sewell, a Black Democrat.
Tennessee
After the Supreme Court ruling, Tennessee was the first state to draft and approve a new congressional map that went after its one majority-Black seat, the Ninth Congressional District.
That district included the city of Memphis, where more than half of the state’s Black population lives. The new map split the Memphis area into three districts.
Black outlines indicate majority-Black districts.
Distribution of Black voters in …
How Tennessee broke up its only majority-Black district
The Ninth was one of the few majority-Black districts represented by a white lawmaker, Representative Steve Cohen. Mr. Cohen, a Democrat who had retained significant support among Black voters since his first election in 2006, said he would not seek re-election.
Where more Black or white people live
Where Trump orHarris got more votes
There is no longer a single majority-Black district in Tennessee.
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