REPUBLICANS and the billionaires are cooking up a NEW WAY TO CUT SOCIAL SECURITY:

[CousinIT]

A proposed new ‘fix’ for Social Security that harms workers and protects the rich

https://www.latimes.com/business/story/2026-04-02/conservatives-cook-up-new-fix-for-social-security-that-harms-workers-protects-rich-trump-gop

A new proposal for saving Social Security would cap benefits at $50,000 per person. Here’s how that would hurt the working class but save the rich from a tax increase.

How worried are America’s wealthy about the possibility they’ll be hit with a higher tax for Social Security?

Plenty, judging from the endless creativity of their proposals to improve the program’s fiscal condition by cutting benefits rather than raising revenue (typically from our most affluent taxpayers).

The latest run at this fence comes from the Committee for a Responsible Federal Budget, which as I’ve explained before is an offspring of the late billionaire hedge fund operator Peter G. Peterson, who was an obdurate foe of Social Security. The committee dubs its proposal the “Six Figure Limit,” which is accurate enough: It would cap annual Social Security benefits at $50,000 per person, or $100,000 per couple.

https://www.washingtonpost.com/opinions/2026/03/24/social-security-benefit-caps-crfb-reform/

https://www.cnbc.com/2026/03/25/social-security-benefits-six-figures.html

“The $100,000 amount will continue to erode to the point that it is a subsistence-level benefit unrelated to prior earnings, just as conservatives have been advocating since 1936.”

[FalloutShelter]

1. Say it with me...

Cut the CRAP
Raise the CAP


Everybody

[yorkster]

2. X1000

[yellow dahlia]

8. Perfect words for a sign.

I attend a vigil at Social Security weekly.

[LaMouffette]

3. The Republicans are the Grinch incarnate, BEFORE the Grinch had his epiphany and brought all the toys back to Whoville.

They can't bear the idea of anyone else's lives being improved one tiny bit.

[RandomNumbers]

4. Disgusting idea ... but that said, if it has any chance of passing... INSIST

that the limits are tied to inflation.

The failure to tie to inflation, is why the minimum wage is so bad today.

[Walleye]

5. When Republicans want to "reform" something they mean, cut your benefits, count on it

It seems the word of the United States means nothing anymore.

[kimbutgar]

6. I just got my first social security payment today and now I'm going to lose what I've worked for over 52 years?

Oh hell no!

[CousinIT]

7. That's what Republicans will do to people if we let them.

Congressional Republicans will let them. They work for the billionaires pushing this, not us.

I have a few months before I sign up. I have no idea whether it will even be there by then, or how long it will take before we all see cuts to our monthly payments.

[lostnfound]

9. The limits would be lower if you take it early

if life forces you to retire at 62,b you not only lose 30% but might be further impacted by cap which would be 70%x$50K=$35K.

After paying for Medicare who knows how low it might be?

[GoodRaisin]

10. I didn't realize that ol' greedy Pete Peterson had croaked.

That put a smile on my face.