, 9 tweets, 3 min read Read on Twitter
This is a pure and vile lie. Social Security and Medicare were in dire financial conditions due to unfunded liabilities from the 90s (or even from the get go, as they are pay-as-you go systems). But the representative prefers to spread falsehoods and energize an ignorant base.
If Schiff ever cared about fiscal responsibility, why does he support almost all the programs that would increase government spending?

He is only for fiscal restrain when it meant letting people he dislikes keep their own money. Yeah, politics of convenience once more...
This if from 2014, way before the 2017 tax cuts:

forbes.com/sites/realspin…
An updated version from 2017 (again, before the tax cuts):

forbes.com/sites/johnmaul…
Don't believe in Forbes' articles? OK. What about a CMS report from 2013 that estimates the unfunded liabilities -- only for Medicare -- in about $43 trillion (computed by adding up the various infinite horizon tables for Medicare)?
cms.gov/Research-Stati…
Social Security trustees, in 2013, were also claiming about $23 trillion in unfunded obligations (not Forbes, nor just the GOP):

ssa.gov/OACT/tr/2013/I…
But, yeah, everything is to blame on letting people keep their own money.
And if Schiff wants to claim that liabilities are a problem only for the distant future -- not a foreseeable one --, he is lying again. SS and Medicare funds are running out of money faster than expected (not because of tax cuts, but demographic changes):

nypost.com/2018/06/05/med…
Yes, tax cuts might have affected these programs in the short horizon (+/- $1.5 trillion over 10 years), but similar to Brazil, a combination of an aging population plus increased benefits (specially the medical benefits through Medicare), creates the turmoil.
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