The Progressive definition of a cut is to reduce the future increase.
Though Rubio is a ass for stirring the pot before the reconciliation vote, he is correct SS does need structural changes for it be solvent for the future...
SS is one of the most abused benefit program we have. Millions Of people got on the program when their unemployment bennies ran out under Obama and sill on it with no provision to time out.
Millions of children are on SS for bogus medical reasons.
100 of Thousands of children living in other countries born in the US from illegal aliens are receiving benefits
At some point SS needs to be means tested. A person with millions in assets probably doesn’t need SS...
Adjusting the age brackets to qualify would help.
He is my senator and rue the times I voted for him...
I thought he was a bigger man than joining the Johm McCain hate Trump bandwagon..
Who cares what that pint-sized progressive says.
Little Mario...I think he is from a video game.
In all seriousness, success in this tax bill will enable momentum and then the real fiscal conservatives can put forth improvements which they know President Trump will tweet, drive down the middle like a Mack truck, or Peterbuilt if you prefer.
This just means that Rubio believes in democrat scoring. ie He does not believe in dynamic scoring: to wit: that that tax cuts create more growth
that generates a higher growth rate that throws off more taxes to more than make up for the lost tax revenue caused by tax cuts.
Rubio does not believe that just because taxs cuts have raised federal revenues every time they have been tried—does not mean that they will succeed this time. Why because he believes in CBOE ie democrat scoring. To wit: the only way you can raise federal revenues is by raising taxes—never mind that higher tax rates dampen growth.
The “direct quotes” don’t match the headline at all and both of those programs were going bankrupt and needed structural changes which has nothing to do with this tax bill. But a bunch of people still buy the MSM narratives hook, line, and sinker - just look at the comments. The headline is a lie as is the opening paragraph, yet is presented as a legitimate news story.
Mariner, you are continuing your crusade of nonstop leftist propaganda. This rhetoric is straight out of the DNC playbook you have been spewing as of late.
Congress will need to cut entitlement programs such as Social Security.
Happy to hear that we are at a point that all waste has been eliminated from the budget /s
While I believe that the whole SOCIAL SECURITY experiment be re-evaluated making an unfounded statement that Social Security will be cut to pay for tax cut is nothing more than a political hit piece by a sore loser. Grow up Marco.
Damn! A lot of grannies are going to be pushed over cliffs ...
If tax cuts supposedly will coat a trillion, here’s how to make it up.
Services to illegals cost the USA
$134 Billion a year.
Cut it all off. USA first. Do you really want to pay for that?
I really doubt that, when I see “Republicans dissing Seniors” ...I recognize it immediately, page 6 of the Democrat strategy book. Old Old Strategy.
The big lie is that the two are connected. It has been clear since their conception that “entitlement” social programs are the bane to balancing the budget. Tax cuts or not, these programs will bankrupt the country if not reigned in. It’s common sense, which is in short supply these days.
STEP NO. 1
Stop providing Social Security, Welfare, Food Stamps, housing, medical care, college, etc. to illegal aliens.
The video of him, starts at his remarks:
https://www.politico.com/video/2017/11/29/full-video-of-playbook-interview-sen-marco-rubio-064454#t=21m45s
We all know that what he says is true: entitlements are driving the debt and can’t be sustained at this level.
It’s either small cuts now in future benefits or large cuts later.
Has nothing to do with the tax bill, paygo is insignificant.
I’ve got news for everybody. Social Security and Medicare will have to be dealt with sometime. They are both unsustainable. Of course, they won’t call it a cut. It will either be you get your check, but due to inflation it won’t buy a loaf of bread or they will raise the full retirement age to 85. Or, it could be a combination of the two. SS is a Ponzi scheme, and like all such schemes, it is doomed to fail. Yes, I know we paid into it for years, but that money has been spent. The money we oldsters get now comes from taxes that our children and grandchildren are paying.
If the US could somehow privatize SS, or even transition it to a defined contribution plan it would work wonders for our economy. Of course there would need to be a transition period when current workers and retirees stayed in the old program, but it could be done.
If the SS Trust Fund were invested in the private sector every American would have “skin in the game” as far as the economy was concerned.
Bush tried but could not get it past the RAT fear-mongering. If DJT can get that through, he will be the greatest President of all time. Mt. Rushmore would be too small—he would deserve an entire mountain of his own.
These would be good things, but I am doubtful they will happen in any significant way.
My sister in laws husband died when he was 37, about 8 years ago.
He was a super high income guy with literally no savings and marginal life insurance.
She made over $55/hr part time in the medical industry.
So she goes to the SS office after the dust settles to figure out the benefits for her and the kids, and when the kids benefits drop off over time.
The bureaucratic dunce advices her to stop working completely, otherwise some of her (not the kids) benefits will decrease.
I dont remember the number, but lets say it was around 3500/month. So thats 42k/yr.
I STILL cant convince my sister in law that she is better off making $110k per year working full time, while losing some benefits. All because of that dumbass at the SS office.
So what does she do now? She has her whole day to spend money, instead of making good money. And she cries that she is burning through the life insurance money.
“”which will grow by at least $1 trillion if the tax plan passes””
What’s the big deal? I think I read that the trillion dollar figure would be over a decade. obozo managed that in just one year....every year...
Interesting stats:
https://www.thebalance.com/us-debt-by-president-by-dollar-and-percent-3306296