news from ukraine, where a series of explosions rocked the capital city of kyiv this morning. ukraine says, the russian missile attack is targeting critical infrastructure. we will go live to ukraine for the latest. plus, the house under republican rule. we will look at the chaos the gop has brought in congress in its first week in charge of the house, and the latest on the investigation into president biden s handling of classified documents, and what s behind the double standard in how the biden case is being treated compared to the case of a certain twice impeached ex president. then, the featured author for today s edition of the velshi banned book club is a story to herself, and author, yes, but also a filmmaker. folklorist and voodoo expert among many other things. we will dive into zora neal hearst in, their eyes were watching god, next hour. velshi starts now. and good morning. it s saturday, january the 14th. we are one week into hundreds 18th congress. in four
The report from the Social Security Board of Trustees shows funds from the trust that pays benefits will run out in 2035. What does this mean for your benefits?
the report of the social security board of trustees is sounding alarm bells as the fund that millions rely on will be exhausted by 2033, if no action is taken to keep it solve it. i do not know how this will ever get resolved if everybody pushes the politics of this to be that it is a black box that nobody can touch. because if nobody touches it, it is gone. al gore so that during one debate but every time a republican wants to say we have to do something about this, you are attacking social security are taken away from people it s never going to get solved you re right. the american people don t want things done with it even they should think about the country because they do not want to disappear selfish. anyway actor dennis quaid is out the new documentary called grit down power up which explains what the fallout would be from a sudden electric grid failure. remember this is dennis quaid is saying this but not cousin eddie not randy quaid this is the
the main reason for that is that americans are having fewer children. they re living longer than they were 1935, one fdr signed the security act into law. the program is underfunded because there s fewer people left in the workforce, to contribute to the pool of benefits, for future retirees. especially as more more baby boomers age out and retire. there s another aspect of social security that plays into the history of though. i want to explain that to you. it s called the old age and survivors insurance trust fund. it helps pay the benefits for current retirees. and that fund is expected to be depleted by 2033. if no action is taken, that is according to the social security board of trustees, if they were to happen, retirees would not be left high and dry without their monthly security payments. they would still receive approximately 78% of the benefits just from the trust fund. so the government would have to find some other way to make up the 22%. so it s not untrue to say that the