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originally posted by: ladyinwaiting
This has been discussed since day one. It's common knowledge. The GOP is undermining SSI-D (Disability) and wants to cut funds.
(So they won't have to "shut down the government! LoL!)
To continue to demand links is just silly. Enter "GOP attacking Social Security" in google, and it renders pages of menus.
Help yo self.
originally posted by: FyreByrd
originally posted by: Jamie1
Can you at least try to explain, in your own words, how this evil scheme is attacking Social Security?
Try reading the references.
originally posted by: Willtell
a reply to: Tardacus
SS WAS NEVER just a retirement fund
It was and is also an insurance fund.
Children, for example, whose parents die can get insurance and SS support. Not a hell of a lot but some
Social Security is not an insurance program at all. It is simply a payroll tax on one side and a welfare program on the other. Your Social Security benefits are always subject to the whim of 535 politicians in Washington.
I keep hearing that Social Security is about to go broke. What do the numbers show?
The Trustees' Report presents these data:
Social Security has $2.73 Trillion in trust fund reserves.
Social Security reserves are still growing and will continue to grow through 2020.
Beginning in 2021, program costs are projected to exceed income, shrinking the trust funds.
The trust funds will be exhausted in 2033, the same year projected in the 2012 report.
After 2033, income will cover 77% of scheduled payments.
That can't be right. I've heard that Social Security has been losing money since 2010.
Read the fine print. Starting in 2010, Social Security expenses exceeded "non-interest" income — primarily payroll taxes. But that ignores the interest Social Security earns on invested funds. If you take all income into account, Social Security had a surplus of $54 Billion in 2012 operations.
Since 1975, CBO has produced independent analyses of budgetary and economic issues to support the Congressional budget process. Each year, the agency’s economists and budget analysts produce dozens of reports and hundreds of cost estimates for proposed legislation. CBO is strictly nonpartisan; conducts objective, impartial analysis; and hires its employees solely on the basis of professional competence without regard to political affiliation. CBO does not make policy recommendations, and each report and cost estimate summarizes the methodology underlying the analysis.
The change on “dynamic scoring” — ardently sought since the 1990s by Republicans — could ease passage of major tax cuts by showing that their impact on economic growth would substantially reduce their cost to the Treasury. The move is widely seen as a way for Republican leaders to set ground rules for an ambitious overhaul of the entire United States tax code.
originally posted by: ladyinwaiting
a reply to: Jamie1
ya know Jamie, the mindset that you apparently maintain is one that I see over and over, and is most assuredly not one that I want for myself.. So please do me the favor of not trying to "educate" me. It is neither needed, nor desired.
Thank you.
ladyinwaiting
I'm getting really tired of the lies being spread by repugnuts about Social Security the most efficient medical and retirement administration in the country.
Neither Medicare nor Social Security can sustain projected long-run program costs in full under currently scheduled financing, and legislative changes are necessary to avoid disruptive consequences for beneficiaries and taxpayers. If lawmakers take action sooner rather than later, more options and more time will be available to phase in changes so that the public has adequate time to prepare. Earlier action will also help elected officials minimize adverse impacts on vulnerable populations, including lower-income workers and people already dependent on program benefits.
(q) SOCIAL SECURITY SOLVENCY.—
(1) POINT OF ORDER.—During the One Hundred
Fourteenth Congress, it shall not be in order to consider
a bill or joint resolution, or an amendment thereto or
conference report thereon, that reduces the actuarial balance
by at least .01 percent of the present value of future
taxable payroll of the Federal Old-Age and Survivors
Insurance Trust Fund established under section
201(a) of the Social Security Act for the 75-year period
utilized in the most recent annual report of the Board
of Trustees provided pursuant to section 201(c)(2) of
the Social Security Act.
(2) EXCEPTION.—Paragraph (1) shall not apply to
a measure that would improve the actuarial balance of
the combined balance in the Federal Old-Age and Survivors
Insurance Trust Fund and the Federal Disability
Insurance Trust Fund for the 75-year period utilized in
the most recent annual report of the Board of Trustees
provided pursuant to section 201(c)(2) of the Social Security
Act.
originally posted by: Jamie1
originally posted by: FyreByrd
originally posted by: Jamie1
Can you at least try to explain, in your own words, how this evil scheme is attacking Social Security?
Try reading the references.
Those references link to an article from DailyKos.
That's why I asked for an explanation in the OP's own words.
My theory is that no explanation would be given how the bill attacks SS when what it does is eliminate shady accounting practices.
originally posted by: Willtell
I WROTE AN OP ABOUT WHAT THE GOP WOULD DO TO THE ORDINARY Americans once they got in power but for some strange reason it seems to have been deleted. I wonder why?
My warning has come true. I knew it would.
www.commondreams.org...
An attack by the Republican Party on the nation's Social Security program took less than one full working day. Included in a new set of rules passed by the House of Representatives on Tuesday was a new measure making it more difficult to move funds between separate accounts maintained by the Social Security Administration. A seemingly technical provision on the surface, critics says it puts millions of disabled and elderly Americans at risk and sets the stage for further attacks aimed at the wider program.
"The GOP is inventing a Social Security crisis that will threaten benefits for millions and put our most vulnerable at risk." —Sen. Elizabeth Warren
What's a bigger priority for Republicans to attack even than Obamacare? Social Security. They proved it Tuesday when they included a new rule in their rules package governing the 114th Congress that will prevent it from authorizing what has been routine reallocations of funds between the two Social Security programs, the retirement fund and the disability program. Reallocating funds between the programs has been entirely non-controversial and routine—Congress has done it 11 times, from and to both programs when one needs shoring up. But now House Republicans want to end that, presumably with the aim of forcing a crisis in 2016, when Social Security trustees say the disability program will run short.
Republicans are continuing their game of trying to pit seniors against disabled people, telling retirees that their own benefits are threatened by the disability program and giving them more political room to start chipping away at Social Security as a whole. Now they're trying to force that to happen before the next election.
www.dailykos.com...#
I'll continue in the future to do " I TOLD YOU SO OP'S" when the GOP does what we all know they will do.
Such as put an anti-science climate denier Ted Cruz at the Helm of the Subcommittee that overseas NASA and science!
www.slate.com...[/quo te]
So, Sen. Ted Cruz (R-Texas) was just named to be the chairman of the Subcommittee on Space, Science, and Competitiveness as Republicans take over the Senate. This subcommittee (which used to be just Space and Science but was recently renamed) is in charge of oversight of, among other things, NASA.
They really got you with that false dichotomy. It's an illusion of choice. Grow up.