Posted on 08/07/2022 4:53:44 PM PDT by george76
Simple. Raising taxes on people making more than $400K/year will solve the problem.
How do I know this? President Biden said so.
With all the socialist and communist loving people supporting the DNC, just put them on Collective’s and let them support themselves. This is what communism is about; social democracy not so much.
” Ultimately, Social Security should be sunset and retirement decisions left to the individual. “
Unfortunately, sunsetting the SS program would mean witholding taxes from younger workers to pay for older retirees, then giving those same workers nothing. That’s why it’s the ultimate Ponzi scheme. Paying off your obligations to todays retirees necessitates obligating yourself to pay the next generation as well, with funds from the generation after them...
If this bill passes, retirees 62 and over would start to receive an additional $200 a month in benefits beginning in January 2023
—
The usual way this works is of the $200 increase, $192.50 (or more) will go to increased Medicare costs, leaving an $7.50 actual increase per month (at most).
They will give you let’s say a gross amount of $2500 and you take only Medicare Part A. Later you realize that your private insurance will no longer cover because you are on Medicare, you opt back into Medicare Parts B, C and D, you will get huge penalties, leaving you less than half of your gross.
Terrific! Just looking out for our FReepers! :)
“Be wary of strong drink. It can make you shoot at tax collectors...and miss!” ~ Robert A. Heinlein
Hahahahaha thank you for a good laugh this morning.
I can use every laugh I can muster.
Yes, if you read all the fear porn posted by anti-vaxxers on this forum, a new arrival from Mars would conclude 260 million vaxxed Americans will soon be dead.
Everyone is in a different situation. In my own case, I signed up at age 62 for SS because I had retired at age 57 due to health issues and needed income. When I called SS on phone to sign up, the lady asks me if I have children under age 18. Why would she be asking me about children I wondered. So I sheepishly answered actually yes I married late and have 2 kids ages 9 & 11. She then said SS will pay additional benefits for both kids until they reach 18! That was huge! I received $1500/month additional benefits for the kids. I had never heard of this in any of the pre-retirement seminars. I was glad to sign up at age 62 instead of 65.
That’s great! My phone call is on the 23rd. Anxious to see if I can draw off of my loser Ex. He had some very high earning years in there before he fell off the cliff of oxy addiction. :(
Yes, ask the rep on phone about it. I know my wife’s aunt received additional benefits from her Ex even though he was married to another woman.
It’s not gonna happen. Democrats propose bills to help various groups but IN THE END THE ONLY GROUPS DEMOCRATS HELL ARE WHITE LIBERAL ‘ELITES’ AND THE BLACK DEMOCRAT UNDERCLASS...
“But have no fear, Senator Bernie Sanders (I-Vt.) and seven Democratic cosponsors recently introduced S. 4365, the Social Security Expansion Act, ...”
This is what you left out! with this part you can clearly see the sarcasm of the statement.
“That was NINE paragraphs earlier.”
My error. But my point still applies.
>> “so-called”
SS is paid out of the general fund so no, that is an idle threat.
Wages need to go up.
F-- no.
If Republicans try to pull that stunt they will be a minority party FOREVER and ever. Lower full retirement back to 65.
The term “so-called” is modifying TRUST act. It is not questioning that there is a social contract, but whether the TRUST Act accomplishes the goal. Just as when we say “Affordable Care Act”, we don’t deny that there is such a thing as health care, but do deny that the Affordable Care Act makes health care affordable.
You may interpret the writing differently, but my reading of the plain text is completely defensible, not worthy of being labeled “SHAME”, and buttresses the fact that it is not well-written because two intelligent conservatives can read the same piece and have different takes on what the author is saying.
I know it’s all a racket.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.