Two undeniable truths:
On our current path social security and Medicare will eventually bankrupt the country.
Any politician who runs on realistic solutions (which can only be reductions of benefits) will be crucified.
Cut out the green crap...and we can get the budget in line again.
“ On our current path social security and Medicare will eventually bankrupt the country.”
WRONG. The country already spends way more than it brings in. But these two programs aren’t cause of the current deficit/debt. Social security taxes pay for current social security outlays.
What the GOP doesn’t want to cut are the programs that are CURRENTLY bankrupting the country: military, foreign aid, services for immigrants. None of these programs have dedicated funding sources , as SS and Medicare do with the FICA tax. But the GaoP only wants to expand war spending and military budgets, and the GOP does nothing to curb the influx of immigrant and the spending on them
“ realistic solutions …can only be reductions of benefits”
WRONG. Congress could find many ways to fund future shortfalls in SS/Medicare. Start with taxing remittances - money sent out of the country by immigrant. Then go to the list of cuts in govt spending that Trump proposed in his video today. Also, tax billionaire hedge fund owners as Trump called for in the 2016 campaign (he called for ending carried interest loophole). I’d also be ok with raising taxes on corporations that locate their factories overseas. In short there are scads of “realistic” answers to future SS/Medicare financial needs
I’m in my 40s and would gladly opt out of the program if I wasn’t taxed and they lifted some of the limitations of tax free deposits to my investment accounts. I think they should expand options to allow anyone who can afford to get out to get out.
the US is already bankrupt. we’re 32 TRILLION in debt...and adding to it.