Only some will benefit from it. It is not an "earned" Entitlement. There is no money in a "trust fund."
Because so many people receive direct deposit Social Security checks, our politicians will not address how it is killing our nation. In order to protect Social Security, veteran's and active duty military health insurance (TRICARE) is under attack. If a veteran who served in multiple combat zones has not "earned" anything that cannot be slashed, then millions of Americans who draw Social Security because they now are still breathing are subject to the same fiscal laws of nature.
Your attitude is indicative of the problem: people think they "paid" into Social Security, and they want money back. Social Security was nothing more than a tax, and the revenues from that tax have long been spent. See debt: $14.5 Trillion Dollars.
I might as well ask for all of my State, Federal, and local tax money back into the "SkyPilot fund." There is no 'there' there.
We will go into the abyss because people wanted "their check."
skypilot, I am surprised you can even tie your shoes
I guess you can tie your shoes
SS is a tax, plain and simple. The SCOTUS has already ruled (Flemming v. Nestor) that we are NOT entitled to payments and that Congress can repeal the Act, anytime it wants.
That said, why then are payments taxable? We are being taxed TWICE. The solution is simple:
1. Eliminate Depts of Energy, Education, HHS and HUD. Also EPA, BATF, OSHA, FannieMae, FreddieMac.
2. Cap all federal employees, elected or appointed, to $100K/yr.
3. Cut 25% of all Versailles employees.
4. Reduce Congressional staffers to 3 per member.
5. True up Medicare to SS eligibilty and eliminate Medicaid.
6. Repeal DeathCare, Davis-Bacon, Baseline Budget and Sarbanes-Oxley.
7. Cut personal Federal income tax to 10%, with only deductions for dependants. Corporate rate cut to 25%.
8. Eliminate all Foreign Aid, including UN contributions.
9. Elect Sarah Palin the next President of the US.
10. DRILL, BABY, DRILL.
THEN we can talk about more serious cuts.