Obama to lay out debt reduction plan, they eye the Medicare and SS eligibility age

reply to post by wutz4tom


The final bill is out many of the things outlined in my thread has change, Medicare and SS will not be touched unless Republicans agree with the taxing of the rich, so things may change in the future if Republicans go along with the demands.

reply to post by marg6043


Okay Thank you....hopefully common sense will find its way into the equation...

medicare and social security are in dire need of reformation there are people who are on social security who get paid and have never worked a day in their lives.

remember now everyone is suppose to pay not everyone does.

raising the eligibity age should just be checking to see if they have ever worked period.

a point of contention that was said in here im just going to let these links speak for themselves.

usgovinfo.about.com...

The top 1 percent: Americans who earned an adjusted gross income of $410,096 or more accounted for 22.8 percent of all wages. But they paid 40.4 percent of total reported income taxes, an increase from 39.9 percent in 2006, according to the IRS. The top 5 percent: Americans who earned $160,041 or more accounted for 37.4 percent of all wages in 2007. But they paid 60.6 percent of the country's total reported income taxes, up from 60.1 percent a year earlier. The top 10 percent: Americans who earned at least $113,018 paid 71.2 percent of the nation's income taxes, up from 70.8 percent a year earlier. The top 25 percent: Americans who earned at least $66,532 paid 86.6 percent of the nation's income taxes, up from 86.3 percent a year earlier. The top 50 percent: Americans who earned at least $32,879 paid 97.1 percent of the nation's income taxes, up from 97 percent a year earlier. The bottom 50 percent: Americans who earned less than $32,879 paid 2.9 percent of the nation's income taxes, down from 3 percent a year earlier.

for those who want another source

ntu.org...

at any rate more power for more control the current potus and and words that say debt reduction is a bold face lie

he wont stop spending we all know it.

something else people seem to be missing that first goverment check called social security those people who receive those beniftis are automatically deducted for their medicare.

the government is paying you and paying themselves back and the same time now come thats crooked as hell