Posted on 06/08/2015 1:58:26 PM PDT by 2ndDivisionVet
Sen. Ted Cruz outlined how he would fix Social Security, striking a balance between candidates who propose immediate cuts and those who wish to leave it mostly in place.
(VIDEO-AT-LINK)
Cruz said he’d keep benefits the same for seniors and those close to retirement in a June 4 interview with Fox News’ Neil Cavuto. For everyone else, he’d propose gradually increasing the retirement age, limiting the increase in benefits to the inflation rate and allowing workers to keep some of their tax payment in a private account.
Cruz makes strong impression on conservative non-profit
The Council for National Policy–a secretive, conservative non-profit focused on legislative initiatives and political strategy–is looking to unite behind one conservative candidate in 2016. Cruz might be their guy, according to National Journal.
While other candidates gave stump speeches at May CNP meeting near Washington, D.C., Cruz pitched himself as a true conservative who could unite the movement behind him and capture the Republican nomination. Even employees of other 2016 hopefuls were impressed by Cruz: one gave his speech a 14 on a 10-point scale....
(Excerpt) Read more at trailblazersblog.dallasnews.com ...
The only thing I would add is giving new workers entering the workforce a means of opting out and gradually increasing it.
Sorry, Ted. The big thing (means testing) needs to be added. Our neighbor ($ 50 million in assets and he lets everyone know) doesn’t need SS for greens fees.
There are too many people getting social security benefits who have never paid a dime into the system. I think we ought to be talking about that before we start talking about raising the age and reducing benefits for the people who have been paying into it for decades.
sounds like a great plan- just don’t say the words “with on the vine”
And stop talking to liberal journalists!!!!!!!!! Always have your own recording equipment too!!
Stop the ‘crazy checks’ program right now
Did your neighbor pay in to Social Security?
agreed. I too know of a millionaire who receives social security benefits.
absolutely. replace it with the “pull your self together and get a god da**** job program”.
“he big thing (means testing) needs to be added. Our neighbor ($ 50 million in assets and he lets everyone know) doesn’t need SS for greens fees.”
So it should just be another progressive tax? Not very conservative opinion.
Assuming he accumulated his wealth during his lifetime, he probably paid in the max each year. It’s his.
then perhaps we should stop paying useless eaters to reproduce first and then talk about screwing the good productive people that have been playing by the rules and keeping this ship afloat.
Cruz gets a well done for this plan.
Do you mean did he pay into a "retirement" plan or social "Security"? He got his total payments back by a factor of 10 years ago (he's 84).
He already has campaign managers, volunteers and staff in states that no one else is looking at (i.e., Michigan, Nevada, etc.) and the professionals and donors are sitting up and taking notice.
And, he made his big dough on the sale of his company. Good salary during the years he worked, and a big capital gain break on selling the goodwill. I suspect he doesn’t even know the SS is deposited monthly, so let’ bleed everyone to make sure he is happy. Yeah, that’s conservative...was your uncle Carnegie, Rockefeller or Weyerhauser?
How is that his fault? Isn’t that the way the system is set up?
A lot of middle and upper middle class parents try to live on pensions and Social Security in order to avoid dipping into their nest eggs. The point is not to turn their kids into trust fund trash, and most don't have enough money to even raise that possibility. But enough money to pay off student loans, to pay cash for a house (and avoid a lifetime of debt service), or invest in a business, to send kids to better schools, or simply to have a modest safety net ... these are real, and worthy, objectives.
I have had my share of opportunities, but I have never had much flexibility at a tolerable risk level. Life can be a bit of a treadmill. I would like to give my children better options than I had.
No it isn’t Marxism. There is already progressive taxation on SS benefits. Go look at your tax return. I’m just saying that the high end folks don’t need to lay on the welfare system. That is conservatism. Yours is for the elite.
The only thing theb public will stand for is popping the cap.
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