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Kaleva

(40,294 posts)

13. In the original legislation, Congress reserved the right to change it

Reply to Peacetrain (Original post)

Wed Feb 8, 2023, 03:50 PM

Feb 2023

"Congress clearly had no such limitation in mind when crafting the law. Section 1104 of the 1935 Act, entitled "RESERVATION OF POWER," specifically said: "The right to alter, amend, or repeal any provision of this Act is hereby reserved to the Congress." Even so, some have thought that this reservation was in some way unconstitutional. This is the issue finally settled by Flemming v. Nestor....

In its ruling, the Court rejected this argument and established the principle that entitlement to Social Security benefits is not contractual right.."

https://www.ssa.gov/history/nestor.html

There never has been a guaranteed right to SS benefits.

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A question for the DU community... If Social Security is an insurance program that we fund.. [View all] Peacetrain Feb 2023 OP

I don't know that I would qualify it as an insurance program fescuerescue Feb 2023 #1

I would call it an insurance program, because we have to pay into it and get a benefit at the end Peacetrain Feb 2023 #2

I think Social Security is a Trust Fund. Delmette2.0 Feb 2023 #19

SocSec is a retirement program. Hortensis Feb 2023 #28

Owning the libs is what they do. Xoan Feb 2023 #3

Because Republicans steal. GoodRaisin Feb 2023 #4

I'd looove to hear their plan for refunding me, and everyone else my age and younger, happybird Feb 2023 #5

Happy, I agree with you. My money back with interest. debm55 Feb 2023 #18

I keep wondering why they call it an "entitlement." Mysterian Feb 2023 #6

That's what they want you to think, that all your tax money Meadowoak Feb 2023 #9

Because RePuQ's gaslight everyone about everything? Hugh_Lebowski Feb 2023 #17

"Entitlement" is just a term for an "owed benefit" Freddie Feb 2023 #25

I know, but when republicans say "entitlement" with a sneer on their ugly faces... Mysterian Feb 2023 #29

It was in a Republican Senate 'plan' Nictuku Feb 2023 #7

Republicans have been trying to gut SS and get their meathooks on the cash ever since FDR... Hekate Feb 2023 #8

It's neither insurance nor a "tax program" whatever that is. Fiendish Thingy Feb 2023 #10

It's your payroll tax, out of every paycheck. So it really is your money in the most concrete form Hekate Feb 2023 #11

Republicans want to put the SS Trust fund into the stock market gab13by13 Feb 2023 #12

The hedge funds moniss Feb 2023 #16

In the original legislation, Congress reserved the right to change it Kaleva Feb 2023 #13

Then it sounds like a hoodwinking bogus scam by our federal government. nt/ sprinkleeninow Feb 2023 #20

It's right there in black and white ever since 1935 Kaleva Feb 2023 #21

Wall street has become a house of cards IbogaProject Feb 2023 #14

Because Conservatives (Republicans are the current political vehicle)... Caliman73 Feb 2023 #15

Schoolhouse Rock inthewind21 Feb 2023 #22

Keep in mind that it is not just the 6.2% that Republicans would have to pay back. LiberalFighter Feb 2023 #23

Nothing would have to be paid back Zeitghost Feb 2023 #30

You would also be surprised just how many idiot repub voters.. Xolodno Feb 2023 #24

It's like Medicare Advantage, charter schools, private prisons Freddie Feb 2023 #26

Exactly. blue neen Feb 2023 #31

yep Meowmee Feb 2023 #27