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  • Miracle: Government Feeds Five People With Just 2.3 Trillion Loaves And Fishes

    12/23/2023 8:13:11 AM PST · by CFW · 9 replies
    Babylon Bee ^ | 12/23/23 | staff
    WASHINGTON, D.C. - In a stunning miracle, congresspeople just emerged from negotiations over 2.3 trillion loaves and fishes, somehow turning the trillions of morsels of food into enough meals for just five people. An exhausted Nancy Pelosi (D-CA) and Mitch McConnell (R-KY) held up the small basket so crowds of unemployed citizens could witness perhaps the most historic event in the history of mankind, in which countless loaves and fishes given by those same citizens were magically transformed into, like, four or five measly meals. "This is significant," noted a sweating Pelosi, surely weary after working nearly 40 hours per...
  • Social Security 2024 Increase Angers Some Americans

    12/13/2023 11:27:33 PM PST · by where's_the_Outrage? · 139 replies
    Newsweak ^ | Dec 12, 2023 | Suzanne Blake
    While Social Security is set to increase by 3.2 percent in 2024, many seniors are worried about how the limited inflation adjustment will keep them afloat. In a new report from Atticus, a majority of seniors voiced dissatisfaction with the cost-of-living adjustment (COLA) for 2024. In total, 62 percent of the 400 Americans over the age of 62 in the survey said they were unhappy with the payment bump. "About that 3.2 percent COLA increase for 2024, well, it sounds good on paper, but, honestly, it's not quite cutting it for seniors," Christopher Hensley, financial adviser and the president of...
  • Johnson’s brewing SNAP crisis

    11/02/2023 9:46:48 PM PDT · by Enterprise · 57 replies
    https://www.politico.com ^ | 11/02/2023 | MEREDITH LEE HILL
    Mike Johnson‘s new role as House speaker heightens the chances of a major political clash next year over one of the nation’s largest welfare programs and the government’s preeminent aid package for farmers and rural America.The fallout is likely to reverberate in countless congressional races, not to mention President Joe Biden’s attempts to win back rural voters in the 2024 presidential race.
  • Is Social Security savable?

    08/25/2023 8:15:34 AM PDT · by SeekAndFind · 65 replies
    American Thinker ^ | 08/25/2023 | Brenton Smith
    Milton Friedman once observed, “If the government ran the Sahara, in five years there would be a shortage of sand.” He was right. The government has run Social Security for more than 80 years, and now there is a shortage of security. At this point, the experts believe that someone who is 79 years old today is likely to outlive the system’s ability to pay scheduled benefits. The solution, according to the White House fact sheet on the 2024 Budget Proposal, is: do nothing, and the Republicans cheered. That leaves a rapidly growing problem to third parties.Social Security presents a...
  • 3% Social Security COLA Predicted for 2024

    07/29/2023 8:55:58 PM PDT · by SeekAndFind · 14 replies
    Kiplingers ^ | 07/28/2023 | ERIN BENDIG
    In 2023, Social Security benefits got an 8.7% COLA, the largest cost-of-living adjustment since 1981. According to the United States Social Security Administration (SSA), "COLAs are based on increases in the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W)." So, when inflation starts to cool, that means a lower cost-of-living adjustment for Social Security recipients. Currently, inflation is at its lowest level in two years, dropping to a 12-month rate of 3.0% in June. This is down from 4.0% in May and 4.9% in April. David Payne, staff economist from the Kiplinger Letter, forecasts a 3% Social...
  • The World’s Largest Ponzi Scheme: Unlike Bernie Madoff, the people behind this won’t be arrested

    07/02/2023 8:59:25 PM PDT · by SeekAndFind · 25 replies
    American Thinker ^ | 07/02/2023 | David D. Schein
    “Ponzi Scheme” is a term that was coined about 100 years ago. It was named after an Italian immigrant, Charles Ponzi, who realized he could get investors by promising large returns for undefined, high-yield investments. His endeavor needed to make just enough money to keep attracting new investors, whose money, after Ponzi’s cut, was used to pay some of the earlier investors. In our modern day, Bernie Madoff’s Ponzi scheme resulted in losses in the billions of dollars when the stock market tanked during the Great Recession. Selling the Deal Americans are just beginning to see the tip of the...
  • Dan Bongino gets behind “reforming” Social Security Pay

    03/23/2023 11:58:54 AM PDT · by AnthonySoprano · 97 replies
    Radio 3/23/2023 Dan Bongino Show | 03/22/2023 | Self Vanity Radio
    . You can see where this is going. The FOX News $$$ recruits every person representing the Republican View on TV / Radio to say it’s not the Trillions to failing, unaccountable Cities - but the people getting 25k a year for the 45 years they paid into it. This Conversation, which will be the RNC platform, neglects to say that Congress allowed and incentivized Corps (Donors) to do away with Pensions and Retiree Healthcare and change their systems to assume (adequate) Social Security Income at 62 which moved to 65 in exchange for donations from those Corporations. From Hannity...
  • Why Did Black Georgians Vote for Raphael Warnock?

    12/15/2022 8:48:50 PM PST · by Tolerance Sucks Rocks · 62 replies
    The Daily Signal ^ | December 14, 2022 | Star Parker
    There are plenty of postmortems about Raphael Warnock’s defeat of Republican candidate Herschel Walker in the runoff for the Senate seat in Georgia. Yes, in the same state, Republican Brian Kemp won a decisive victory in the race for governor. And, yes, to be kind, Walker was not a great flag-bearer to draw voters, particularly black voters, to the Republican Party. But let’s ask why voters, particularly black voters, would send Warnock to represent them for another six years in the U.S. Senate. The Georgia electorate is around 30% black, and 90% of them voted for Warnock. What are these...
  • Top Senate Republican: Slash Social Security Or We'll Wreck US Economy

    12/01/2022 4:12:57 AM PST · by JonPreston · 170 replies
    The National Memo ^ | 12/1/22 | Emily Singer
    Sen. John Thune of South Dakota, the number two Republican in the U.S. Senate, said on Tuesday that the GOP plans to use the debt ceiling as leverage to make cuts to Social Security and other social safety net programs. "There's a set of solutions there that we really need to take on if we're going to get serious about making these programs sustainable and getting this debt bomb at a manageable level before it's too late," Thune said in an interview with Bloomberg News, adding that raising the retirement age is one of the solutions Republicans want to explore.
  • Biden Panders to Elderly w/ Big Social Security Boost, Likely to Worsen Inflation

    10/12/2022 12:02:16 PM PDT · by Red Badger · 111 replies
    Headline USA ^ | October 12, 2022 | Staff
    'With many older people choosing to live in suburban areas or rural areas, some will benefit more...' (Headline USA) On Thursday, the U.S. government is set to announce how big a percentage increase Social Security beneficiaries will see in monthly payments this upcoming year. Some estimates say the boost for more than 65 million Social Security beneficiaries may be as big as 9%. It’s virtually certain to be the largest raise in four decades and will add more strain on the welfare program’s trust fund, which is expected to expire within the next decade, even as younger taxpayers continue to...
  • Social Security boost will help millions of kids, too

    10/10/2022 10:13:26 AM PDT · by Oldeconomybuyer · 53 replies
    The Associated Press ^ | October 10, 2022 | By FATIMA HUSSEIN
    WASHINGTON (AP) — Seventy-year-old Cassandra Gentry is looking forward to a hefty cost-of-living increase in her Social Security benefits — not for herself but to pay for haircuts for her two grandchildren and put food on the table. The three live in a Washington apartment building that houses 50 “grandfamilies” — where grandparents take care of children who do not have parents present. Gentry, who took in her grandkids to keep them in a safe environment, says the boost in benefits will help her make ends meet. “I never thought about contributing to Social Security when I was working, but...
  • Social Security Recipients Might Actually Get to Keep Their 2023 Raise

    10/02/2022 8:38:18 AM PDT · by george76 · 85 replies
    Nasdaq ^ | OCT 2, 2022 | Dan Caplinger
    One of the biggest advantages of Social Security is that its payments get annual cost-of-living adjustments (COLAs). When inflation is high -- as seniors have seen during the past couple of years -- these COLAs cause monthly checks to rise the following January to help retiree purchasing power keep pace. 2022's COLA boosted benefits by 5.9% this year, and early estimates make it likely that the COLA that will take effect in early 2023 will be between 8% and 9%. What's even better news is that, unlike in 2022, many Social Security recipients are more likely to see the full...
  • Social Security Recipients Could Soon See Their Largest Raise in Decades

    09/11/2022 9:04:19 PM PDT · by SeekAndFind · 48 replies
    Daily Trade Alert ^ | 09/11/2022 | Maurie Backman of Motley Fool
    But is that actually a good thing?Retiring on Social Security alone is a dangerous thing. That’s because those benefits will only replace about 40% of the typical worker’s pre-retirement income, and most seniors need about twice as much money to maintain a comfortable lifestyle.But the reality is that a lot of people do end up retiring solely or largely on Social Security. And it’s those same people who are apt to be the most impacted by Social Security raises.Each year, benefits are subject to a cost-of-living adjustment, or COLA, based on inflation levels. Since inflation has been sky-high this year,...
  • Increased Benefits Come With Social Security Expansion Act

    08/07/2022 4:53:44 PM PDT · by george76 · 156 replies
    The New American Magazine ^ | August 7, 2022 | David Kelly
    Inflation has been taking its toll on retirees, especially those who rely solely on Social Security. But have no fear, Senator Bernie Sanders (I-Vt.) and seven Democratic cosponsors recently introduced S. 4365, the Social Security Expansion Act, a bill to enhance Social Security benefits and ensure the long-term solvency of the Social Security program. If this bill passes, retirees 62 and over would start to receive an additional $200 a month in benefits beginning in January 2023. Most retirees rely heavily on Social Security benefits, and for some it’s their only source of income. Currently, Americans will stop receiving their...
  • Biden: Republicans Want to Get Rid of Social Security, Medicare, Medicaid

    06/14/2022 8:03:28 PM PDT · by Olog-hai · 110 replies
    Cybercast News Service ^ | June 14, 2022 | 12:39pm EDT | Melanie Arter
    President Biden told union workers at the AFL-CIO convention in Philadelphia, that Republicans want to get rid of Social Security, Medicare, and Medicaid based on a proposal by National Republican Senatorial Conference Chairman Sen. Rick Scott (R-Fla.), which calls for all federal legislation to sunset in five years. “All federal legislation sunsets in 5 years. If a law is worth keeping, Congress can pass it again,” Scott’s proposal states. […] Biden attributed Scott’s proposal to the Republican Party despite Senate Minority Leader Mitch McConnell (R-S.C.) saying months ago that such a proposal will not be part of the Republican agenda....
  • Social Security only has 13 years before it goes broke

    06/10/2022 9:06:06 PM PDT · by SeekAndFind · 79 replies
    Hotair ^ | 06/10/2022 | John Sexton
    A week ago we learned that the go-broke date for Social Security had been pushed back by a whole year:The annual Social Security and Medicare trustees report released Thursday says Social Security’s trust fund will be unable to pay full benefits beginning in 2035, instead of last year’s estimate of 2034. The year before that it estimated an exhaustion date of 2035.The projected depletion date for Medicare’s trust fund for inpatient hospital care moved back two years to 2028 from last year’s forecast of 2026…When the Social Security trust fund is depleted the government will be able to pay 80%...
  • Peter Schiff says the US government could be forced to cut Social Security and Medicare

    05/10/2022 9:57:12 PM PDT · by RandFan · 104 replies
    YouTube ^ | May 10 | Peter Schiff
    Partial transcript: “So this time we have a worse financial crisis than last time and nobody gets a bailout, nobody gets a government check there is no TARP there is nothing and what does that mean that means the US government instead of sending stimulus checks to Americans who were struggling, who are unemployed the US government is actually going to send Americans a bill because the government is going to be forced to raise taxes on the people who still have jobs because that's the only way it can pay its bills but you know what else they're going...
  • LA County guaranteed income program begins accepting applications

    03/31/2022 8:46:00 AM PDT · by Deo volente · 28 replies
    CBS News Los Angeles ^ | March 31, 2022 | CBSLA Staff
    The application window opens Thursday for Los Angeles County's new guaranteed income program. The program will provide 1,000 randomly selected residents with $1,000 a month for three years. To qualify for the "Breathe: LA County's Guaranteed Income Program," people must be at least 18 years old, have a household income under $56,000 for a single person or $96,000 for a family of four and have experienced negative impacts due to the COVID-19 pandemic. Participants will receive the money through a debit card, and there are no strings attached or conditions to the income.
  • Social Security's Day of Reckoning Could Arrive Soon. Are You Ready?

    03/05/2022 4:16:53 AM PST · by where's_the_Outrage? · 81 replies
    The Motley Fool ^ | Mar 2, 2022 | Maurie Backman
    Millions of seniors today rely on Social Security as a critical source of retirement income. And chances are, many future retirees will depend heavily on those benefits as well. But Social Security is facing its share of financial challenges that could have devastating consequences for current and future retirees alike. And if lawmakers don't intervene, the results could be downright catastrophic. There's a serious revenue shortfall at play Social Security primarily relies on payroll taxes (the ones we all hate paying) to stay afloat. But in the coming years, that income stream is expected to shrink. That's because baby boomers...
  • Traditional Medicare vs Advantage Plans

    11/22/2018 7:12:14 AM PST · by TNoldman · 88 replies
    11/22/2018 | tnoldman
    Hi FRiends, Happy Thanksgiving I hope you are having good weather and a relaxing time. I have a Question on Medicare Plans. My Wife and I are thinking about Advantage Plans to replace Traditional Medicare. We are 81/83 now and active. We currently have Traditional Medicare with a Gap Policy. The latest offerings from United Healthcare Advantage Plans seem to have taken care of out-of-network services with their Passport which create instantaneous in-network charges in most States that we visit. Emergency care is Covered in any State. Our current Doctors accept this Advantage Plan. Our Saving would be about $5000./year...