Posted on 08/07/2022 4:53:44 PM PDT by george76
How will this be paid for?
With our credit cards.
Seriously...as the Fed Gov increases its debt the interest rates charged to consumers rises, irrespective of what the Federal Reserve does.
So a $200 increase for all or 12% increase on your current rate?
The seniors who are NOT able to pick up a part time job are the people I really feel for right now, inflation is out of control REALLY OUT OF CONTROL!! These folks have worked hard their entire lives and these bastards have increased the cost of living so much it is impossible for them to make it without giving up whatever enjoyable activities they may have!! I HATE THE BASTARDS IN DC!!
Oh, come on, man......we’ll just raise taxes and the deficit ceiling. Bada boom, bada bing....done!
And because if that, ss recipients will also have to pay more in taxes
How will this be paid for??? LOL, LOL, LOL who gives a shit at this point, HOW THE HELL will the bill passed today be paid for??
The same way Trillion $ to Ukraine was paid for?
The Pink Unicorn ATM the demonratcommieblmantifaterrorscumfeminazipedophilegoatrapers think exists to give out money.
Raising Taxes, like always.
from taxes on all the increased winnings at the casino
There will come a time when they won’t be able to print money like it’s growing on trees. Then Social Security will collapse.
When the Dollar ceases being the World Reserve Currency, look out. It’s coming.
Just Bernie’s pipe dream so far, but another powerful tool to scare older folks before the election.
Paid by FICA tax increase on those earning over $147,000.
“There will come a time when they won’t be able to print money like it’s growing on trees.”
That time will never come. Remember the Weimar Republic. One man said his father spent 20 years paying up on an insurance fund, with 20 years of hard, decent money, and when he got it, he went and bought a loaf of bread.
As proposed, taxable income goes up $200 per month and with current 20% inflation they will have lost 10% of the purchasing power of Social Security payments.
Remember, this will eventually implode. As per Coward-Priven plan. This is about the agenda. About destroying the USA and making us all serfs on the global plantation.
Getting rid of the cap would allow the fund to last a long time. See if they have the guts. Maybe raise to 250K. Who knows. No matter what social security will go up just with the COLA in 2023. So they better do something. I’m eligible in 2038. Probably get 5 bucks and told to be happy:
The bill proposes to increase the maximum taxable salary for Social Security, adding funding by applying the Social Security payroll tax to all income below $250,000. Currently, earnings above $147,000 aren’t subject to the Social Security tax. An additional proposal would be to base the annual COLA on the Consumer Price Index for the Elderly (CPI-E) instead of the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W).
AOC: Just print more money. Simple.
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