[PoeToaster]

That’s absolutely not why the fund is in danger—it has to do with the income cap on who pays into Medicare. But frankly they just ought to cut Medicare completely and balance the budget.

[SkyDancer]

My understanding was that Pres. Johnson raided SS to help pay for the Vietnam war.

[stanne]

They’re running out of money as the republicans at least in my family, said they would, back when they were devised. Poorly

[Fido969]

There is no Medicare income cap. Actually, if your income goes above a certain amount they add to your total contribution percentage.

There is a social security income cap.

The contribution rate has been increasing, when my old boss who retired in 1995 he started out contributing about $3 a year to social security, so his total contributions were a very small fraction of his benefit, even taking into account inflation.

[Dr. Sivana]

it has to do with the income cap on who pays into Medicare.

I don't think there IS a cap for Medicare. If you drop Medicare altogether, many of the retirees would easily qualify for Medicaid. Not to mention the problem of taking it away from people who paid in through their working years.

[metmom]

That’s absolutely not why the fund is in danger—it has to do with the income cap on who pays into Medicare. But frankly they just ought to cut Medicare completely and balance the budget.

So are you going to pay for the healthcare costs of all those FORCED to go onto Medicare when they hit 65?