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Republicans Plan to Use Debt Limit Leverage to Reduce Social Security, Medicare: Report
Yahoo ^ | Oct 12 2022 | Michael Rainey

Posted on 10/18/2022 1:56:02 PM PDT by NeverCheney

click here to read article


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To: ClearCase_guy

ya think??


21 posted on 10/18/2022 2:08:37 PM PDT by Sacajaweau ( )
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To: NeverCheney

AFAIK Social Security has always been a fund separate from the national debt.

https://www.ssa.gov/history/InternetMyths2.html

Q1. Which political party took Social Security from the independent trust fund and put it into the general fund so that Congress could spend it?

A1: There has never been any change in the way the Social Security program is financed or the way that Social Security payroll taxes are used by the federal government. The Social Security Trust Fund was created in 1939 as part of the Amendments enacted in that year. From its inception, the Trust Fund has always worked the same way. The Social Security Trust Fund has never been “put into the general fund of the government.”

Most likely this question comes from a confusion between the financing of the Social Security program and the way the Social Security Trust Fund is treated in federal budget accounting. Starting in 1969 (due to action by the Johnson Administration in 1968) the transactions to the Trust Fund were included in what is known as the “unified budget.” This means that every function of the federal government is included in a single budget. This is sometimes described by saying that the Social Security Trust Funds are “on-budget.” This budget treatment of the Social Security Trust Fund continued until 1990 when the Trust Funds were again taken “off-budget.” This means only that they are shown as a separate account in the federal budget. But whether the Trust Funds are “on-budget” or “off-budget” is primarily a question of accounting practices—it has no effect on the actual operations of the Trust Fund itself.


22 posted on 10/18/2022 2:08:43 PM PDT by Pelham (World War III will be fought with nuclear weapons. World War IV will be fought with rocks & sticks.)
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To: NeverCheney

“There you go again,” Uncle Ronald Reagan.


23 posted on 10/18/2022 2:08:47 PM PDT by Ge0ffrey
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To: NeverCheney

Anytime anywhere if the democrats are about to be defeated ….. this is the story the media runs with ….


24 posted on 10/18/2022 2:08:48 PM PDT by no-to-illegals (The enemy has US surrounded. May God have mercy on them.)
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To: NeverCheney

October surprise fake news to suppress the red wave.


25 posted on 10/18/2022 2:09:41 PM PDT by lightman (I am a binary Trinitarian. Deal with it!)
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To: Pelham

Which party took out money from Medicare to pay for Obamacare?


26 posted on 10/18/2022 2:10:18 PM PDT by Ge0ffrey
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To: NeverCheney

From the old Dem playbook. Republicans want to take away your SS and Medicare. It is brought up every election cycle for decades.


27 posted on 10/18/2022 2:10:42 PM PDT by kabar
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To: NeverCheney

Just waiting for the video of Grandma in her wheel chair being shoved over a cliff.


28 posted on 10/18/2022 2:10:56 PM PDT by hinckley buzzard ( Resist the narrative.)
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To: NeverCheney

LMAO

must be near an election!!!

because once again Republican boogiemen are going to end social security, medicare, Medicaid, and usually the civil rights act so we can enslave the blacks again.

LMAO


29 posted on 10/18/2022 2:11:26 PM PDT by TexasFreeper2009
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To: Nathan _in_Arkansas
And the GOP is going to finally, FINALLY, push granny in the wheelchair off that cliff!!!

Bingo.

30 posted on 10/18/2022 2:12:22 PM PDT by gloryblaze
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To: moovova

This is a lie meant to fire up Seniors right before the midterms, IMO it shows the Democrats are desperate by throwing out this issue because nothing else is working.

I’ve not heard a single Republican mention anything about Social Security.


31 posted on 10/18/2022 2:13:34 PM PDT by srmanuel (C)
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To: NeverCheney

“But we CAN afford foreign aid and billions for Ukraine.”

Don’t forget the illegals that are on SS>


32 posted on 10/18/2022 2:13:37 PM PDT by dljordan
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To: ClearCase_guy

Yeah That’s exactly the purpose of this “revelation”

Such liars and cheats on the other side and “media”

The hatred I have for them is indescribable


33 posted on 10/18/2022 2:13:48 PM PDT by A_Former_Democrat ( Liberty Valance Time. The point of a gun is the only law the left understands)
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To: Macoozie

“ NON discretionary Transfer Payments is 3/4 of the Federal budget.”

The ENTIRE federal Bridget is transfer payments. The transfer tax dollars or borrowed money or fee-printed money , to interests that Congress decides on. Billions for foreign aid is one of the transfers. Trillions for weapons manufacturers and military bases in at-peace countries all around the world , is another. A multi-trillion dollar defense budget and we couldn’t stop 12 Saudi hijacker’s with box cutters

But there’s no money for Americas Elderly. Social Security must be cut

One reason I voted for Trump is he rejected this GOP stupidity. He said the NATO countries that fully fund their own Social Security and Medical programs shouldn’t be susidized by US taxpayers footing the bill for NATO while having to cut their own Social Security. For taking this position, Trump got ousted by the Deep State including the GOPe


34 posted on 10/18/2022 2:14:09 PM PDT by NeverCheney
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To: NeverCheney

Next: Granny has to eat cat food! Wait......Democrats already did that ad years ago......just before an election.


35 posted on 10/18/2022 2:14:33 PM PDT by DJ MacWoW (The Fed Gov is not one ring to rule them all)
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To: NeverCheney

“Republicans Plan to Use Debt Limit Leverage to Reduce Social Security, Medicare: Report”

indeed ... and the GOP will start a nuclear war with russia ... and after that they’ll nationalize all the oil companies, and mandate dried crickets for breakfast ...

the Democrats are totally desperate and are now willing to tell any and all conceivable lies in attacking the GOP ...

after all, the Dems can’t run on their platform of nationwide shortages, nationwide inflation, doubled food costs, shortages of diapers and baby formula, tripled gasoline costs, outlawing ICE and diesel engines, raising taxes, inflating the currency, censoring their enemies, weaponizing the DoJ to persecute and put their political enemies in jail ...


36 posted on 10/18/2022 2:15:33 PM PDT by catnipman (In a post-covid world, ALL "science" is now political science: stolen elections have consequences)
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To: NeverCheney

MediScare; the Dems trot this out for every single election. It’s a staple of their playbook.


37 posted on 10/18/2022 2:15:46 PM PDT by mkmensinger
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To: FlipWilson

The best way to save SS is to just pretend everything is just peachy and let ‘er roll!


38 posted on 10/18/2022 2:15:55 PM PDT by gloryblaze
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To: NeverCheney

The Four Horsemen of the A-crock-olypse:

Elections. October. Democrats. Mediscare.


39 posted on 10/18/2022 2:16:36 PM PDT by Chewbarkah
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To: NeverCheney

They do this every damn election cycle. Every time since I’ve been aware of politics and I’m knocking on 70.


40 posted on 10/18/2022 2:17:35 PM PDT by PeachyKeen
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