Bernie Sanders
Related: About this forumBernie Sanders Plans To Dramatically Alter Social Security (for the BETTER)
Chief among them is Social Security, a program he describes as one of the most successful government programs in American history. However, without changes benefit cuts or tax increases the fund that maintains Social Security wont be able to pay-out all of its obligations by 2033, leading lawmakers to propose a series of solutions to extend the programs solvency. Sanders has long warned against prescriptions that would cut benefits or slow their growth, upending Washingtons consensus that government needs to cut entitlement programs to keep them sustainable. Instead, he has proposed legislation to expand the program.
Below is a look at how the different proposals to alter Social Security from various declared and undeclared presidential candidates would impact the decades-old program:
LINK:
http://thinkprogress.org/economy/2015/05/02/3653792/bernie-sanders-plans-dramatically-alter-social-security/
Currently, anything over an annual income of $118,500. Pays nothing into social security. Even if it was increased to $200k, it would allow for a much longer life of payment.
yeoman6987
(14,449 posts)marym625
(17,997 posts)But I thought if I said anything over $200k I would get clobbered
yeoman6987
(14,449 posts)To have millionaires give 7.5 percent of their income and get a 2200 dollar check seems a bit to much. However most millionaires take stock options and other bennies to make it look like they are not paid. Also isn't it insane that Congress gets a raise starting in August when SS stops being taken out. That is tragic.
But millionaires have so many tax incentives and such. They get so much free money it's ridiculous.
I agree about the check. I don't know how people live on social security. And if they want even a fairly decent health insurance, that check is diminished greatly
daleanime
(17,796 posts)it's the kind of claw back we need.
yeoman6987
(14,449 posts)Senator Sanders would need a Congress but at least voting for Sanders would ensure zero cuts cuz he would never sign anything with cuts. Getting his proposals through Congress would be a wonderful thing. How he would do that? I am sure he would put forth 100 percent effort.
marym625
(17,997 posts)But come 2018, because of him, we'll be back to a democratic house and Senate. And Bernie would use that!
yeoman6987
(14,449 posts)I admit when there was some talk of him running six months ago. I rolled my eyes and thought what a joke, BUT I have really paid attention and love the thought of a President Sanders.....I have evolved 100 percent!
marym625
(17,997 posts)And considering the excitement, you are far from alone.
yeoman6987
(14,449 posts)I was excited with President Obama but for different reasons. With President Sanders it is finally someone who will look after the American People. I think we have been "beaten" down for so long that we are actually shocked that someone would look after us. It is thrilling.
marym625
(17,997 posts)BrotherIvan
(9,126 posts)That's why I think with momentum and continued enthusiasm, we could break through the idea that "Sanders can't win." In poll after poll, we see the American people support liberal policies. But then we swallow the propaganda that center-right policies is all that can be achieved or approved by the electorate. It's been a good game for corporations and their bought politicians. We need to take the red pill and wake up.
Enthusiast
(50,983 posts)Create enthusiasm, we win.