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To: Dante3; 2banana
"According to Rep. Clay Shaw, R-Fla., chairman of the House Ways and Means subcommittee on Social Security, benefits paid to retirees will exceed revenues in just 15 years. The pay-as-you-go system could go belly up as early as 2030.

" These projections don't take into account the economic impact of the Bush proposal, which would allow untold millions of illegal aliens from Mexico to collect full cash benefits for themselves and their families from their home country -- without having to work the required number of years that law-abiding American citizens must work to be eligible for payouts."

Thefts of Social Security ID rising fast

A Life Destroyed by Those Who 'Only Come Here to Work' (MUST READ)

Stop the Mexican Raid on Our Social Security and the Mexican "ID" Card

SOCIAL SECURITY: FRAUDS WALK OUT THE DOOR

Return of the Great Social Security Giveaway

Michelle Malkin: The criminal raid on Social Security

Ron Paul - Return of the Great Social Security Giveaway

Stop the Mexican Raid on Our Social Security and the Mexican "ID" Card


6 posted on 01/29/2004 6:07:44 AM PST by Happy2BMe (U.S. borders - Controlled by CORRUPT Politicians and Slave-Labor Employers)
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To: Happy2BMe; kevao
These projections don't take into account the economic impact of the Bush proposal, which would allow untold millions of illegal aliens from Mexico to collect full cash benefits for themselves and their families from their home country -- without having to work the required number of years that law-abiding American citizens must work to be eligible for payouts.

This is not true. The benefits would be prorated between the United States and Mexico. From Congressional testimony by Jo Anne Barnhart, Commissioner of the Social Security Administration:

Myth #5: Totalization agreements enable non-citizens who work in the United States for a very short period of time to receive full American Social Security benefits.

False. Totalization agreements provide that the United States will pay prorated benefits to those workers who have: (1) between 6 and 39 quarters of coverage with the U.S. system; and (2) a combined work record of at least 10 years in the United States and a partner country. Again, I emphasize, the benefits are paid on a pro-rated basis. Source


68 posted on 01/29/2004 6:38:27 PM PST by AzJohn
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To: Happy2BMe
Bump!
125 posted on 01/31/2004 1:54:39 AM PST by k2blader (Folks who deny the President's proposal is an amnesty are being intellectually dishonest.)
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