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GOP introduces plan to massively cut Social Security [The Lies Begin Again! #FakeNews]
Yahoo Fake News ^
| 12/9/16
| Ethan Wolff-Mann
Posted on 12/09/2016 5:06:25 PM PST by SoFloFreeper
am Johnson, a Republican from Texas and chair of the Ways and Means Committee, introduced legislation to significantly cut Social Security.
The bill introduced by Johnson, who is also the chair of the Social Security subcommittee, slashes benefits, adds means testing, and would raise the retirement age from 67 to 69.
...Michael Linden, associate director...at Center for American Progress, pointed out on Twitter, a letter from Social Securitys Office of the Actuary calculated workers making around $50,000 would see checks shrink by between 11% and 35%.
(Excerpt) Read more at yahoo.com ...
TOPICS: Culture/Society; Government; News/Current Events
KEYWORDS: bias; liars; media; safetynet; socialsecurity
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To: Iron Munro
21
posted on
12/09/2016 6:16:35 PM PST
by
entropy12
(Please Mr President, I am already tired of winning too much! Can we lose just 1, appoint Mitt?)
To: ColdOne
To: ColdOne
Homeless move back into cardboard boxes to prepare for Trump economy!!!!!
23
posted on
12/09/2016 6:20:42 PM PST
by
Luke21
To: philman_36
Quite the euphemism he uses to "modernize" how benefits are calculated: Modernizing how benefits are calculated to increase benefits for lower income workers while slowing the growth of benefits for higher income workers...
To: SoFloFreeper
And coal miners health insurance. I saw on Twitter.
To: Grampa Dave
#FakeNews. . . it never ends. Fake products too.
26
posted on
12/09/2016 7:05:35 PM PST
by
C210N
To: Whenifhow
The plan would also cut entirely cost of living adjustments They haven't paid a COLA in 8 years, of course cost of living hasn't went up either. </s>
27
posted on
12/09/2016 7:13:13 PM PST
by
itsahoot
(Three words I don't want to hear, Comprehensive Immigration Reform.)
To: SoFloFreeper
GOP, first step is to eliminate welfare to all illegal aliens and non-citizens. Including the earned Income tax credit. SS was looted by the dims under LBJ. That should be at the forefront of the arguments and reasons to reform the SS retirement program (insurance). Also let people know that the government steals all of a persons SS money, contributed to SS, from their surviving family if the principle passes away early. Explain that going forward the money you save for retirement is yours not the governments. No more legalized theft by the democrats. Pubbies be fearless in the fight. Go on the offensive on every front not just SS and illegal alien welfare and make certain the attack comes from an unexpected direction . Shock the dickens out of them so the dims cannot capture and control any narrative. Put them on the defensive and keep them there. I will gladly loan you my spine if you need one.
28
posted on
12/09/2016 7:20:22 PM PST
by
Nuc 1.1
(Nuc 1 Liberals aren't Patriots. Remember 1789!)
To: philman_36
Thank you for the informative post linking to the source documents. I focused on the actuarial letter, which stated that the effect of the proposed changes would make social security fiscally sustainable within a 75-year window.
Since libs are big on "sustainability," they should endorse this bill, or one which achieves the same results.
This does not mean that the bill could not be tweaked in various ways to mitigate or eliminate features that some might oppose, but at least it is a serious move in the right direction. As individual cities are finding out, unfunded liabilities cannot be kicked down the road forever.
To: C210N
Wife and I were talking about fake little bar set today. We were thinking it would be cool to come up with a fake stripper.pole set. A fake meth lab, maybe, and a fake rehab center. Just kidding of course but some folks would believe it.
30
posted on
12/09/2016 7:53:48 PM PST
by
Afterguard
(Deplorable me!)
To: GreaterSwiss
"Plus the odds are you might never see the $$$."
The purpose of the bill is to guarantee that you DO see the money, by making the system fiscally sustainable.
Comment #32 Removed by Moderator
To: GOPe Means Bend Over Spell Run
Is it even possible to control the cost of the Civil Service retirement system?
The Clintons and Obamas have stuffed friends into government jobs and accelerated their retirement benefits. Jamie Gorelick draws at least one military pension. Who knows how many Jarrett staffers (muzzie czars) have fully funded retirements.
33
posted on
12/09/2016 8:28:34 PM PST
by
texas booster
(Join FreeRepublic's Folding@Home team (Team # 36120) Cure Alzheimer's!)
To: SoFloFreeper
If memory serves it was LBJ (RAT-TX) who signed the bill that changed Socialist Security from a self-sustaining entity to just another funnel for cash to flow into the general fund.
SS has been getting butt-raped ever since.
34
posted on
12/09/2016 8:32:04 PM PST
by
Texas Eagle
(If it wasn't for double-standards, Liberals would have no standairds at all -- Texas Eagle)
Comment #35 Removed by Moderator
To: Iron Munro
First cut welfare, food stamps, Obama-phones and all other handouts to illegal aliens and all able bodied adults.
Then cut retirement benefits for all elected federal officials back to what is normal in the private sector.
_________________________
My first thoughts too—ironic that there has been NO COST CUTTING BY THE GOP-E IN 8 YEARS, so now they go after Soc. Security...Hmmm
To: Steve_Seattle
Thank you for the informative post linking to the source documents.My pleasure.
I focused on the actuarial letter...
Well done! Aren't you the rare bird.
37
posted on
12/10/2016 2:15:00 AM PST
by
philman_36
(Pride breakfasted with plenty, dined with poverty and supped with infamy. Benjamiin Franklin)
To: GOPe Means Bend Over Spell Run
Born in 1946. Paid into Social Security and Medicare for 50 years. Give me my money back please and keep the imputed interest; I’ll be fine.
The Feds could start reform by making SS benefits tax free. That would cover colas for quite a while.
38
posted on
12/10/2016 3:51:33 AM PST
by
Jimmy Valentine
(DemocRATS - when they speak, they lie; when they are silent, they are stealing the American Dream)
To: ColdOne
Comment #40 Removed by Moderator
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