Skip to comments.Obama seeks deal, proposes cuts to Social Security
Posted on 04/06/2013 1:10:26 AM PDT by Olog-hai
Seeking an elusive middle ground, President Barack Obama is proposing a 2014 budget that embraces tax increases abhorred by Republicans as well as reductions, loathed by liberals, in the growth of Social Security and other benefit programs.
The plan, if ever enacted, could touch almost all Americans. The rich would see tax increases, the poor and the elderly would get smaller annual increases in their benefits, and middle income taxpayers would slip into higher tax brackets despite Obamas repeated vows not to add to the tax burden of the middle class. His proposed changes, once phased in, would mean a cut in Social Security benefits of nearly $1,000 a year for an average 85-year-old, smaller cuts for younger retirees.
Obamas proposal, however, includes calls for increased spending. It proposes $50 billion for public works projects. It also would make preschool available to more children by increasing the tax on tobacco.
(Excerpt) Read more at bigstory.ap.org ...
[[Tell him he can raise taxes a little, if he gets rid of Obamacare]]
Better yet- thell him and them they can raise taxes a little IF they agree to live off of what the elderly and dissabled have to live off of for 10 years- if they still feel like they shoudl raise taxes at the end of ten years, have a clause i ntheir that they MUST agree to live like that for hte rest of their lives (In order to ‘sahre the burden’ liek htey keep demandign that everyoen but themselves do)
I was active duty 1963-1967, the first full year active duty was 1964, that year I earned $1060. You read that right $1064 for the full year. Indicative of the other 3 years earnings.
When I applied for S.S. I was pleasantly surprised to learn that all I had to do was show my DD214 and adjustments would be made to compensate for those very low earning years, so I proudly showed them my DD214.
It added a grand total of $13 per month to my S.S. check. Don’t get me wrong, I’d rather have it than not but really $13 for four years of my life?
Disability is certainly a problem, in that it is so scammed but S.S.I.(crazy money) is the real devil. To be eligible for disability (S.S.D.I.) you must have paid in to the rotten system for 40 quarters. For S.S.I. you need never to have paid in a cent.
Repeal Obamacare !!!!!!!!!!!!!!!!
Nothing...NOTHING to help businesses which is the MAIN engine which will grow the economy.
Thanks for the explanation.
Communist Labor Unions make “deals.” Guess Communist Community Organizers do too - - - .
Documentation File on the harmful impact of the Counterculture of Obamanation on America.
Barry Soetoro, aka B. Hussein Obama, first Inaugural quote: I want to FUNDAMENTALLY CHANGE AMERICA!
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