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Keyword: entitlements

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  • Trump’s Tax Plan Could Affect Your Social Security

    04/12/2017 11:08:51 PM PDT · by Freedom56v2 · 59 replies
    Fiscal Times ^ | April 11, 2017 | Rob Garver
    The Trump administration, at work on a new plan for tax reform, is reportedly considering a plan to cross into one of the most dangerous territories in American politics: fiddling with the Social Security system. According to multiple reports, the administration is entertaining the possibility of eliminating the 12.4 percent payroll tax, which would require it to find a new dedicated funding source for the retirement checks that millions of Americans count on in their old age. The plan, first reported by the Associated Press, would be part of a major overhaul of the tax code that would make the...
  • Hamiltonian Welfare

    04/11/2017 9:37:53 AM PDT · by Academiadotorg · 32 replies
    Accuracy in Academia ^ | April 11, 2017 | Malcolm A. Kline
    How do you justify entitlement spending under the Constitution? Two words: Alexander Hamilton. Apparently, he’s the only politically correct Founding Father. Don't expect any Broadway shows to open any time soon with titles such as "Adams!," "Madison!," "Jefferson!" or "Washington!" "A Hamiltonian reading of the Constitution is where we're at right now," Greg Weiner of Assumption College said at the annual meeting of the Philadelphia Society in Dallas on April 1, 2017. The Philadelphia Society is a group of conservative intellectuals formed in the wake of the Goldwater defeat in 1964. Indeed, here's what Hamilton (!) himself had to say...
  • Priebus: Trump doesn't want to 'meddle with Medicare or Social Security'

    01/08/2017 5:03:09 PM PST · by 2ndDivisionVet · 32 replies
    The Hill ^ | January 8, 2017 | Rebecca Savransky
    Incoming White House Chief of Staff Reince Priebus on Sunday suggested President-elect Donald Trump stands by his campaign vow not to cut Medicare. "I don't think President-elect Trump wants to meddle with Medicare or Social Security," Priebus said on CBS's "Face The Nation." "He made a promise in the campaign that that was something that he didn't want to do." The president-elect does plan to grow the economy and help "shore up Medicare and Social Security for future generations," Priebus said. "And if we can get 3 to 5, 6 percent growth, we'll do that," he said. "And we'll explode...
  • In Texas, undocumented immigrants have no shortage of work

    12/17/2016 12:02:11 PM PST · by Timpanagos1 · 69 replies
    Texas Tribune ^ | 12/16/16 | TRAVIS PUTNAM HILL
    Though it's illegal, brothers Israel and José Martinez have no shortage of work, moving from one construction job to the next in the ongoing building boom of Central Texas. They’ve worked on homes in affluent communities along the Upper Colorado River and renovated sprawling apartments in North Austin. They were on a crew that erected a new health center at a high-end retirement community, and as expert masons have built luxury pools, interior chimneys and backyard grilling stations. Their compensation often falls below minimum wage. They might receive just $90 for a 14-hour workday, or about $6.42 an hour —...
  • Family of 10 On Welfare Have New Demand of Taxpayers

    11/23/2016 11:54:47 AM PST · by rhett october · 36 replies
    Resistance Feed ^ | 11-23-2016 | Rhett October
    Some people blame their issues on other people no matter what and believe they are entitled to what other people earn and have. This story is a case of taxpayers paying the price for one family’s sense of entitlement. In 2012, Arnold and Jeanne Sube and their eight children, moved from France to the UK so that Arnold could study mental heath nursing at the University of Bedfordshire. They currently live in a three bedroom house that they feel is a poor living arrangement. But rather than working and saving in order to afford a larger house, like most people...
  • US Government Entitlements - The Sixth Biggest Economy On Earth

    07/30/2016 4:53:34 PM PDT · by blam · 16 replies
    Zero Hedge ^ | 7-30-2016 | Tyler Durden - David Stockman
    Tyler Durden July 30, 2016 Excerpted from David Stockman's forthcoming book "Trumped! A Nation On The Brink... And How To Bring It Back" Because the main street economy is failing, the nation’s entitlement rolls have exploded. About 110 million citizens now receive some form of means tested benefits. When social security is included, more than 160 million citizens get checks from Washington. The total cost is now $3 trillion per year and rising rapidly. America’s entitlements sector, in fact, is the sixth biggest economy in the world.Yet in a society that is rapidly aging to the tune of 10,000 baby...
  • The CBO Looks Ahead to a U.S. Fiscal Disaster

    07/23/2016 5:59:34 AM PDT · by reaganaut1 · 100 replies
    Barron's ^ | July 23, 2016 | THOMAS G. DONLAN
    The American debt problem was almost entirely ignored at the Republican National Convention last week, and we can expect nothing more when the Democrats gather this week. Both parties support the entitlement spending system and the decrepit tax system that fails to support it. They compete on the fiscal side of politics with impossible promises to spend more and tax less. Imagine the U.S. Treasury as an airplane beginning to roll down the runway to take off. For a mile or so, the plane gains no altitude, then the wings start to generate lift. The wheels leave the ground and...
  • Health Care and Guns – What Do They Have in Common?

    07/17/2016 6:39:14 AM PDT · by rktman · 17 replies
    americanthinker.com ^ | 7/17/2016 | Alan Preston
    Our Constitution was ratified on Sept. 17, 1787, 11-plus years after the signing of the Declaration of Independence. James Madison wanted to make sure that our unalienable rights were also in the Constitution in order to protect the citizens from the very government they created. It was not until Dec. 15, 1791, that the original Bill of Rights was adopted and made a part of the Constitution. Anyone who has read the Constitution knows that the words “health care” cannot be found anywhere in that document. It is not in the Bill of Rights. Some people assert that “health care”...
  • Senators Demand to Know Where Companies Keep Their Cash [semi-satire]

    06/27/2016 8:49:22 AM PDT · by John Semmens · 8 replies
    Semi-News/Semi-Satire ^ | 26 June 2016 | John Semmens
    Concerned that some of the nation's resources may be out of their reach, Sens. Al Franken (D-Minn) and Chris Coons (D-Del) are demanding that "all businesses fully disclose where all their money is." "As President Obama said when he was nominated for his second term, government is the only entity we all belong to," Franken recalled. "It is every business' and every individual's duty to do the utmost to ensure the survival of this single unifying entity. At a minimum, this means making all of their financial resources known to the government so they may be appropriated if the need...
  • Obama: Entitlements Are 'Necessities of a 21st Century Economy,' 'Realities of How People Live'

    06/20/2016 10:23:00 AM PDT · by Olog-hai · 36 replies
    MRC TV ^ | June 15, 2016 10:04am ET | Craig Bannister
    Entitlements are “the realities of how people live now” and “necessities of a 21st century economy,” so “we’ve got to retool our system,” Pres. Obama declared Tuesday. Speaking at the White House Summit on the United State of Women, Obama said America has “got to retool our system,” because guaranteed benefits are a vital and immutable way of life …
  • Ryan’s Welfare Reform Plan: Right Diagnosis But A Weak Prescription

    06/08/2016 1:31:00 PM PDT · by IBD editorial writer · 13 replies
    Investor's Business Daily ^ | 6/8/2016 | Staff
    War on Poverty: Everyone who thinks the government “must do more” to help the poor should read the House Republican blueprint on welfare reform. The report is the result of years of work head by Speaker Paul Ryan to reform welfare and improve upward mobility.
  • France: Sudanese "refugee" sets fire to government welfare offices when they don't give him a free h

    full title : FRANCE: Sudanese Muslim freeloader sets fire to government welfare offices when they don’t give him a nice house right away A Sudanese Muslim who had just obtained the status of refugee was arrested after having set fire to the branch of the city council welfare offices. He claimed the employees had not found him a home "right away," which, according to him, was his "due," in view of his new refugee status. DVM The employees of Pôle Solidarités [Government Welfare Office] in Annecy still can't come back to it. On Tuesday 17 May, a so-called refugee locked...
  • Simple Math Shows America Is Headed for an Economic Disaster

    04/18/2016 7:21:40 PM PDT · by george76 · 52 replies
    The Daily Reckoning ^ | March 30, 2016 | Jody Chudley
    Stan Druckenmiller ... when I look at the current picture of expected tax revenues combined with benefits promised to future generations, this is the most unsustainable situation I have seen ever in my career. The disaster that Druckenmiller sees coming for the United States is all about changing demographics and entitlement spending. They don’t add up to a sustainable situation. In 1940, entitlement payments, which include everything from disability payments to Social Security to Medicare, amounted to just over 20% of annual government spending in the United States. Today, entitlement spending has swelled to nearly 70% of the annual federal...
  • The Trump Plan: Big Tax Hikes or Big Deficits

    03/25/2016 6:23:49 AM PDT · by reaganaut1 · 29 replies
    National Review ^ | March 25, 2016 | James C. Capretta
    ... What Trump implicitly promises is a closing of the gap between federal revenue and spending without any pain for ordinary voters. He claims that better management, led by him, is all it will take. It is the worst kind of wishful thinking and deception. On entitlements, Trump is essentially in agreement with most Democrats. He says he won’t make any changes to Social Security or Medicare benefits. In previous years, he also said Medicaid shouldn’t be cut. He says he now favors converting Medicaid into a block grant to the states, although he has not promised that this switch...
  • 'Housing first': Dallas's new strategy for the city's most costly homeless people

    03/20/2016 8:46:34 AM PDT · by kevcol · 26 replies
    The Guardian ^ | March 20, 2016 | Tom Dart
    For rent: brand new one-bed apartments in the shadow of downtown Dallas, a short walk from one of the city's trendiest areas. On-site concierge. Successful applicants will be homeless, mentally ill and possess criminal records. . . . All for a rent of 30% of the tenant's monthly income - whether it is $1,000 or $10. The only requirement? "Be a good tenant," James says. That means no criminal or disruptive behaviour; but no pressure on residents to immediately go sober if they are addicted to alcohol, for example.
  • Sowell: Toxic Words

    02/08/2016 11:51:00 AM PST · by jazusamo · 21 replies
    Creators Syndicate ^ | February 9, 2016 | Thomas Sowell
    During this election year, we are destined to hear many words that are toxic in the way they misrepresent reality and substitute fantasies that can win votes. One of these words is "entitlement." To hear some politicians tell it, we are all entitled to all sorts of things, ranging from "affordable housing" to "a living wage." But the reality is that the human race is not entitled to anything, not even the food we need to stay alive. If we don't produce food, we are just going to starve. If we don't build housing, then we are not going to...
  • Isn't It Strange? (Walter Williams)

    02/01/2016 3:04:23 PM PST · by jazusamo · 24 replies
    Creators Syndicate ^ | January 3, 2016 | Walter E. Williams
    There is a letter titled "Isn't It Strange?" making the rounds in email boxes. It asks questions to which our fellow Americans should know the answers, save for those caught up in modernity. It starts off asking, "Isn't it strange that after a bombing, everyone blames the bomber, his upbringing, his environment, his culture but ... after a shooting, the problem is the gun?" In other words, after a shooting, it is the gun, an inanimate object, that is the culprit, but after a bombing, it is not the bomb that receives the blame but the evil individual. In both...
  • Congress Planning to Close Social Security Loopholes

    10/29/2015 6:55:32 PM PDT · by SkyPilot · 93 replies
    Nasdaq ^ | 29 Oct 15 | Staff
    When Congress passed the Senior Citizens Freedom to Work Act in 2000, it introduced a new concept called “voluntary suspension” of benefits, allowing those who had already started Social Security benefits to stop their payments and earn delayed retirement credits. In the process, however, the new voluntary suspension rules unleashed several additional Social Security claiming strategies, including various “claim now, claim more later” tactics involving File-and-Suspend and Restricted Applications for spousal benefits. Those may be going away. Under this week’s two-year budget agreement between Congressional leaders and the White House, Congress will close these loopholes in the Social Security rules....
  • Sources: McConnell floats entitlement changes in high-stakes fiscal talks

    10/14/2015 8:23:38 AM PDT · by Fhios · 80 replies
    CNN politics ^ | 10/13/2015 | Manu Raju
    (CNN) Mitch McConnell privately wants the White House to pay this price to enact a major budget deal: Significant changes to Social Security and Medicare in exchange for raising the debt ceiling and funding the government.
  • No Public Safety Net: Making American Compassionate Again

    09/23/2015 11:11:49 AM PDT · by RogerEsq · 20 replies
    The Daily Caller ^ | September 23, 2015 | Roger Banks
    DailyCaller OPINION ‘Global Indifference’: Pope Francis’ Cure is A Cause ROGER BANKS @rogerbanksesq Writer While in America, Pope Francis will almost surely repeat his call for the “redistribution of economic benefits by the state” as a remedy for what his November 2013 Apostolic Exhortation calls “an economy of exclusion and inequality.” Presupposing a causal connection between a “culture of prosperity” and “global indifference” to the poor, the Exhortation reads as follows: We end up being incapable of feeling compassion at the outcry of the poor, weeping for other people’s pain, and feeling a need to help them, as though all...