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Young people take heed! The politicians want to butcher Social Security. It’ll be worse for you if the Chained CPI is implemented.
The politicians need to get serious about cutting spending. Relying on income from Social Security to pay for government programs is fraudulent. Cuts to Social Security benefits wil...more
President and Congress want to cut SS COLA. This will affect both current and future retirees. President wants to exclude military and also wants a "longevity bonus" of 5% paid to those on SS for 20 years. (Sounds like there are some backroom deals going on in this "transparent" presidency.) Do we really want po...more
1.) Why not a small federal estate tax to help support Social Security?
2.) Some people pay Federal and State income tax on their annual Social Security, put this tax money into the Social Security Trust Fund.
3.) Change the look-back for Medicaid from 5 years to 10 years. This should help the Federal G...more
Social Security could also cut or eliminate payments to those people who receive full pensions from state and local public retirement systems. Many people, who retire early to collect a public retirement pension, get a part-time job in order to also collect on Social Security. I don’t know of anyone who retired early...more
Congress wants to increase the Social Security Trust Fund so there is more money for them to spend. They all know how to spend money on wasteful projects in their home cities and states. This is how they “buy” votes. It’s ludicrous to cut the COLA and then add 5% when people are 85 years old. Just don’t cut it at a...more
Don't let the politicians cut the Social Security cost-of-living adjustment. President Obama has even supported this. A proposed cut of .3% will reduce the average monthly benefit by $40-$65 in 10 years. Don't let this happen to the future 70 and 80 year old retirees. It'll be too late to correct the problem in 10 ...more
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