Texas
Related: About this forumGOP introduces plan to massively cut Social Security.
On Thursday, Rep. Sam 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.
For most workers, the bill would cut Social Security benefits substantially. As Michael Linden, associate director for tax and budget policy 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%.
Nearly every income bracket would see a reduction, save for the very bottom. People making around $12,280 in 2016 who have worked for 30 years would see an increase of around 20%. But young people making the same amount would be hit hard by the changes. If they had 14 years of work experience by 2016, they would see their benefits cut in half.
Read more: https://www.yahoo.com/news/gop-introduces-plan-to-massively-cut-social-security-222200857.html
http://samjohnson.house.gov/contact-me/3rd-d-tr-ct-contact-nformat-on.htm
3RD DISTRICT OFFICE
PLANO, TEXAS OFFICE
1255 W. 15th Street
Suite 170
Plano, Texas 75075
Phone: 469-304-0382
shenmue
(38,501 posts)Sherman A1
(38,958 posts)and to support the efforts of groups who will work to defeat this absurd proposal.
http://www.democraticunderground.com/10611720
elleng
(130,126 posts)assuming there are SocSec recipients in this guy's districtl
CurtEastPoint
(18,548 posts)Thanks!