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Please see post #24. While there are many seniors with high incomes, they are not the majority that I misremembered.

Still, we must get Social Security spending under control if we are to get the budget under control.

Realistically, that means that we must stop the growth in Social Security benefits.

Realistically, that means that we must stop the growth in Social Security benefits.

You make it sound like SS recipients are living in luxury with all of those SS benefits. Care to list them? They sure do not show up on my annual SS statement.

If you paid into an IRA or similar retirement account for 40 years and then the holder said they are going to cut your monthly withdrawal because it is more than you should have, you would throw fits and probably sue them.

That is basically what has happened with SS. WE have had 1 increase in the previous 3 years and no increase for this current year. My apartment rent is likely doubling in the next couple of years because a new ower is 'adjusting' rental rates. My utilities increase periodically. My grocery bill used to be around $28 per week a decade ago. Now, it is around $60 per week.

My SS increases, when we DID get one, was typically around $25-$30 per month. Simultaniously, Medicare increased by about $10 per month. So, the net has been around $15-20/month.

I do have an annuity based on mutual funds. Every time the stock market drops, so does the balance of my fund.

I do have a money market and did have some CD's, but they are only earning 0.75% PER YEAR.

The FED spends more in one day on paperclips than they have paid out to me in SS since I started getting it. If they would cut the fraud and abuse, ... but their excuse is that that would cost too much.

I paid in 40 years. The FED have been replacing my mandatory SS deposits with I.O.U.'s. SS is going broke -- not because the recipients are drawing out too much, but because the FED keeps replacing funds with I.O.U.'s.