The CBO said very clearly that if you were to adopt the president's plan, there would be a $2 trillion hole in Social Security, because today's workers pay in to the system for today's retirees. And the CBO said -- that's the Congressional Budget Office; it's bipartisan -- they said that there would have to be a cut in benefits of 25 percent to 40 percent.
The presidents plan would cut all benefits. 
( z1 cut :ARG0 ( z2 plan :ARG0 ( z3 person :ARG0-of ( z4 have-org-role :ARG2 ( z5 president ) ) ) ) :ARG1 ( z6 benefit :mod ( z7 all ) ) )