You fucking morons - they will go after social security

[The New Holliday]

They cannot wait to take it away from American citizens. All the money should be theirs.

They will indeed be going after SS. This is actually part of it along with the proposal to make SS tax free for all.
. On the proposed adjustment a portion of what keeps SS solvent is money coming in from tax on it for those over a certain income. Certainly it seems like a great idea on the face of it not to tax SS benefits (could be that's how it should be), however from what I have been reading, the shortfall which was projected to result in a 22% reduction by 2034/5 will now result in a 33% reduction several years earlier.
.You see - it's like with any economy, say your household, where money in has to at least equal money out.
When you increase the outgoing then you need also to increase what comes in. They have no plan or interest in doing that.
. Do you think the GOP (who have been trying to destroy SS system for decades (think Paul Ryan) will do any of the things that could be done to keep it solvent?

. Raise retirement ages
Increase payroll tax and employer contributions
. Remove upper income cap on individual contributions (but not max payout) ...do I hear howling?

 

[The Atomic Punk]

Congress did it, and guess who voted for it? CONs, you moron.

Prove it.

 

[The Atomic Punk]

That's a quote from the article, you nitwit. The actual law is not exactly what that article says. I kniow this law very, very well. It has impacted my life and I have participated in multiple sessions in which we professors were drafting proposals to eliminate this provision. I know what I'm talking about, you DO. NOT.

I posted both regulations that are being considered for elimination in Post # 20.......copy and paste the parts in either that pertain to you that you are working to repeal.

 

[The Atomic Punk]

As the proposal is currently written, the extra few dollars going back into Grandma's Monthly SSI Checks, is coming off the "back end" ie it's depleting the SS Reserve Accounts....guess which party wants to Privatize SS, any guesses on which one?

No reductions are part of the bill......Incease in spending will result if the bill passed benefiting only public sector pensioners that did not contribute to SS.....teachers being one group of public employee

I say fuck the 2.8M that would get a benefit they did not pay into.....especially @LotusBud

 

[The Atomic Punk]

It's an obscene law.

That was in effect when you worked as a public employee......did you make SS contributions at the same level or rate as a non public sector employee?

 

[The Atomic Punk]

Well, exactly. This provision, which in reality TAKES AWAY money that was legitimately contributed to a person's future SS benefits, was an early attempt at slowly stealing and privatizing SS benefits.

That asshole does not know what he is talking about.

Do you receive a pension other than SS...did you pay into it?

 

[Lily]

Social Security benefits are called the 3rd rail of politics for a reason. It's because the right-wing has always opposed social security and will do what they can to take it away.

MAGAmorons can attempt to gaslight all they want. No one with a brain buys it.