Posted on 12/16/2024 5:49:47 PM PST by SeekAndFind
As early as today, the Senate will vote on an absurd bill to give state and local government employees a $200B+ Social Security bonus.
Social Security runs out of money in 10 years and is on a course to insolvency.
But instead of fixing the finances, 62 senators – including many Republicans who pretend to be fiscal conservatives – are sponsoring a bill to raise monthly benefits for public employees, even though their complaints are phony. This group of workers ALREADY receives pay and benefits that are 30% higher than comparable private sector workers. Most are already eligible for supersized state pensions. Roughly 80% of government employees are Democrats and more than 90% of the political spending by their unions goes to defeat Republicans.
The bill (H.R.82) passed the House in November with 327 votes.
We are running $2 TRILLION deficits and Social Security has a $22 trillion unfunded liability, yet senators in both parties are voting to dig the hole deeper and move up by nearly a year the date when the SS trust fund runs out of money. They are hoping no one notices this swindle. WE notice.
Mr. President – stop the steal.
The Great Compromise strikes again. The 17th Amendment is the most egregious piece of legislation in our nation’s history.
It is not SS that we need to be worrying about it is the rise in Health Care Costs, we going to spend about $2.7 Trillion in costs and we only take in about $460 Billion in Medicare Taxes. Medicaid Costs are killing us and we can’t afford it.
Cloward and Pivin, meet Social Security.
Put everyone on an advantage plan and be done. 39 million already are. Take traditional Medicare out of it. Our country would save half or more of that 50 trillion.
“to raise monthly benefits for public employees, even though their complaints are phony.”
I guess folks already forgot recent events, what with people actually paying attention a bit these days.
They start getting blatantly greedy and then s*** happens, after which the greedy little jerks are sooo shocked.
.
BTTT
Bull crap. Teachers, cops, firefighters etc. that get a retirement from one system, and then with a second job before and after their work in those fields get fully vested in Social Security. But when it’s time to get that Social Security, it’s cut by 50%.
I would only be giving them the Social Security they completely earned. As long as recent immigrants get Social Security disability, as long as we have billions to give to Ukraine, this should pass.
As long as the US government funds the entire Ukrainian Social Security fund, this should pass. As long as they have free money to give away to 30 million illegal aliens, fly them around the country, fly them from all over the earth, money to give to the Hamas government, money to give to Syria,… You bet American retirees should come first and get the actual pension that they legally qualified for
I paid into SS for 40 years but I get a reduced benefit because I was in LE and did not contribute to SS from that job. But I did from my second job. But I’m being punished financially because I served my state and my country.
Lame duck sessions are the worst. They used to be simply about clearing up remaining administrative matters, but now they’re used to pass controversial legislation, sometimes supported by members who are on their way out, and therefore not accountable.
Actually, more than 50%. whoever wrote this article doesn't know what they are talking about. Look up Windfall Elimination Provision (WEP)
"Can't even feed my cat on social security" comes to mind every time I think about it.
FICA tax that you paid 30 years ago has already been paid out to your parents or other older folks of similar age.
The same FICA dollar can’t be given to both you and your parents.
Social Security has been called a Ponzi scheme, and it shares the characteristic that those that take their money earlier get the winning hands.
Social Security considerably favors those who paid in for fewer years or in smaller amounts.
“Put everyone on an advantage plan and be done. 39 million already are. Take traditional Medicare out of it. Our country would save half or more of that 50 trillion.”
The Medicare Advantage plans are increasing being rejected by hospital systems.
Yes
Medicare Part B
20% patient co-pay
80% balance
20% Part B premiums to cover 1/4th the cost of that 80%
60% balance
~30% provider 1040 tax burden
~30% of the allowable costs are net costs to the Treasury
This article is total and complete nonsense. To say public employees claims are false is outrageous. My wife worked 26 years in public education as an administrative assistant and has earned a paltry pension of around $1,100/mo. She also worked in the private sector paying into social security for +/- 20 years, well over the 40 quarter requirement to receive full benefits. However, any social security she receives is offset by 2/3 of that pension payment. Now +/-$750/mo may not sound like a lot to any of you, but it means the world to us. It’s been that way for several decades. It was wrong when it started and it’s wrong today. Yes, social security will go bankrupt if something is not done, like reducing benefits and raising social security payments on the workforce. So my question is this . . . Why should our benefits be further reduced when our reduced benefit has been contributing to offset the problem already? The fair thing to do would be to give everyone the benefits they have earned, and then we all participate on a level playing field when benefits have to potentially be reduced to save the program? Anything less than that, is double penalizing people that don’t deserve it. This has been a gross injustice that has financially burdened those people (educators, police, firefighters, etc. etc.) that have put their lives on the line for the safety of all and the education of our children.
“Put everyone on an advantage plan and be done. 39 million already are. Take traditional Medicare out of it. Our country would save half or more of that 50 trillion.”
What about Part A?
Hospitals
They need to be broken up, or made into REITS.
There is no reason an operating room, which should be clean as practical, should cost thousands of dollars an hour.
In Spain, after an operation, you need to have a relative come to take care of you.
In Japan, your relatives had better bring food.
We pay full benefits to Ukrainian citizens in THEIR SS system, we pay full benefits to illegal aliens on SS disability.
Your wife deserves every penny she earned with her 40 quarters vesting.
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