[sarcasm]

According to the Congressional Budget Office, roughly $400 billion over ten years. Trustees say the new permanent entitlement will cost $16.6 trillion.

Try $ 534 billion over ten years - only God knows the ultimate cost for this boondoggle.

[Nataku X]

And the Democrats chastised him for spending too little. They wanted to pass a $800B plan. Heaven help us.

[dalereed]

"Try $ 534 billion over ten years - only God knows the ultimate cost for this boondoggle."

Instead of working to eliminate Medicare, the added benefit package that he worked so hard to get passes is more than enough, without the rest of his socialistic adjenda, to get him thrown out of office.

[simhomer]

If our friends in Washington would simply take 15% of our wages, (the same 15% there taking now) and allow them to be invested into a mutual fund, there would be no need for social security. (Mutual funds average 12% over time, of course the Dims will whine and complain every time it goes down)

The new influx of cash would be HUGE for the market.

If you earn $ 48,000 / year, and invest $ 600 / month from age 40, then you will retire with 1.1 million, and you can live off the $ 11,000 monthly interest.

If you do that from age 20, the results are STUNNING, you retire with 10 million.

This is the same $ 600 / month the gov takes from you, and returns about $ 1000 / month and you have no principle.

Let me invest my own $$$ and I won't need or want SS.