Posted on 12/02/2017 7:19:50 AM PST by Mariner
Florida Senator Marco Rubio admits that the Republican tax cut plan to aid corporations and the wealthy will require cuts to Social Security and Medicare to pay for it.
Rubio told reporters this week that in order to address the federal deficit, which will grow by at least $1 trillion if the tax plan passes, Congress will need to cut entitlement programs such as Social Security. Advocates for the elderly and the poor have warned that entitlement programs would be on the chopping block, but this is the first time a prominent Republican has backed their claims.
“We have to do two things. We have to generate economic growth which generates revenue, while reducing spending. That will mean instituting structural changes to Social Security and Medicare for the future,” Rubio told a crowd at a Politico conference. Rubio's talk of structural change is vague, but will likely include changing the rate and age of Social Security and Medicare payouts.
(Excerpt) Read more at yahoo.com ...
“Nothing happened then nor will it happen now.”
Which means bankruptcy. Default.
Death and destruction. And the end of liberty.
In other words... Liberal Democrats will steal from Patriots, and resistribute what those those Patriots pay in taxes, to those NON-Americans who have not earned, or don’t deserve... any taxpayer dollars at all.
Though Rubio is a ass for stirring the pot before the reconciliation vote, he is correct SS does need structural changes for it be solvent for the future...
SS is one of the most abused benefit program we have. Millions Of people got on the program when their unemployment bennies ran out under Obama and sill on it with no provision to time out.
Millions of children are on SS for bogus medical reasons.
100 of Thousands of children living in other countries born in the US from illegal aliens are receiving benefits
At some point SS needs to be means tested. A person with millions in assets probably doesn’t need SS...
Adjusting the age brackets to qualify would help.
He is my senator and rue the times I voted for him...
I thought he was a bigger man than joining the Johm McCain hate Trump bandwagon..
Obviously better scrutiny is required in SSDisability cases. A competent government should be able to manage it. Whatever costs would pale to the amount of fraud, imho.
We all know that Social Security is insolvent, long term.
Some combination of changes will happen eventually.
1. the retirement age will be raised.
2. benefits will be trimmed back, perhaps based on means testing, so that higher income retirees won’t get as much from Social Security because they have other income.
3. taxes for this program will increase.
Some combination of these will happen eventually. It’s just a matter of when, and how big the changes will be.
If such changes had been made years ago, the pain would be much less. Now that baby boomers are retiring, the pain will be greater, to make changes to balance the budget of social security.
Did you hear Rubio say it or are you taking mewsweek’s word that he said it? The rat party is the enemy, not Rubio.
ROFL! I said the same thing. I’ve NEVER read a more biased line in...well...weeks lol
“What is the point in posting media empire lies?”
The direct Rubio quote.
Who cares what that pint-sized progressive says.
Little Mario...I think he is from a video game.
In all seriousness, success in this tax bill will enable momentum and then the real fiscal conservatives can put forth improvements which they know President Trump will tweet, drive down the middle like a Mack truck, or Peterbuilt if you prefer.
Does Newsweak ever print the truth? What is the point in posting media empire lies?
I have posted before, and I am not joking, the suggestion that Jim charge a $25 donation for any Newsweak, Slime, Compost, NY Slimes or LASlimes article posted.
Then, charge a $5 donation to the trolls that jump on the article and agree with it.
Rubio might be saying that crap...and perhaps McConnell needed to do some arm-twisting, but I doubt Trump will ever be in any mood to do Rubio any favors.
This just means that Rubio believes in democrat scoring. ie He does not believe in dynamic scoring: to wit: that that tax cuts create more growth
that generates a higher growth rate that throws off more taxes to more than make up for the lost tax revenue caused by tax cuts.
Rubio does not believe that just because taxs cuts have raised federal revenues every time they have been tried—does not mean that they will succeed this time. Why because he believes in CBOE ie democrat scoring. To wit: the only way you can raise federal revenues is by raising taxes—never mind that higher tax rates dampen growth.
No, it’s sitting in al gores lock box. LOL!
The government could sell half the billion acres of land they own for starters.
The “direct quotes” don’t match the headline at all and both of those programs were going bankrupt and needed structural changes which has nothing to do with this tax bill. But a bunch of people still buy the MSM narratives hook, line, and sinker - just look at the comments. The headline is a lie as is the opening paragraph, yet is presented as a legitimate news story.
Mariner, you are continuing your crusade of nonstop leftist propaganda. This rhetoric is straight out of the DNC playbook you have been spewing as of late.
What remarks? Just read the headline and not the article, right?
Agreed. I am glad that I paid into though I NEVER thought I would need it.
I dont know what the advantage is to being on it if you’re healthy.
The SSDI was nowhere NEAR what my salary was.
Congress will need to cut entitlement programs such as Social Security.
Happy to hear that we are at a point that all waste has been eliminated from the budget /s
While I believe that the whole SOCIAL SECURITY experiment be re-evaluated making an unfounded statement that Social Security will be cut to pay for tax cut is nothing more than a political hit piece by a sore loser. Grow up Marco.
Damn! A lot of grannies are going to be pushed over cliffs ...
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.