removing the cap on Social Security will end up generating three point four trillion dollars over a decade
OverstatedJosh Turek, at Iowa U.S. Senate General Election Debate (WHO 13 / Nexstar)
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Why we checked itSpecific dollar figure over a specific timeframe for a major policy proposal — verifiable against economic analyses or CBO estimates
What we foundThe $3.4 trillion figure appears in Social Security Trustees projections but applies specifically to the scenario where benefit credit is also provided for above-cap earnings; other credible estimates (Tax Foundation: $3.2T conventional, Tax Policy Center: $2.5T) show a meaningful spread, and the dynamic/economic-feedback estimate is as low as $1.5T.