Fox Business
Expand
Browse All Video
Watch Live

You're watching...

Fraud in America

Details

  • Description

    FBN’s Stuart Varney sounds off on dishonesty in America.

  • Duration 1:27
  • Date

Clips

Also in this playlist...

Latest Video

Auto-advance: ON

Auto-advance
View All

Transcript

This transcript is automatically generated

Messing up Social Security financing messing up the disability -- and tax refunds for those who paid no tax three items three examples of financial this almost.

Is my take.

I want mind somebody else -- I want you'll vote I'll make somebody else -- oh what a tangled web we -- The payroll tax holiday extension takes about a hundred billion dollars a year away from Social Security.

As senator Harkin said who would have thought a Democrat president would do -- The Social Security disability fund will pay out 200 billion dollars this year as disability claims so which.

People are claiming mental illness so that temporary jobless benefits -- replaced with parliament disability payments.

The fund runs out of money completely less than six years.

And then there is the 100 billion dollars in tax refund checks that go out this year to people who did not pay.

Any taxable.

It is the earned income tax credit that new cash well fat that 100 billion dollars go straight on to the national debt.

At entitlement society kind of creeps up on you.

Did you know all of this was going on.

The establishment media in bed with a left assures you that it is all affordable if the rich would just kind of the global if they would just -- that fashion that.

-- -- nonsense.

As we will all soon find out.

Load More