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In reply to the discussion: House GOP releases budget that would 'destroy Social Security as we know it' [View all]Kaleva
(40,365 posts)37. I see it as a cut but am wondering how it's figured to be an across the board cut
With the proposal, a person will lose out on collecting 2 years worth of benefits but after that, they receive 100% of what they are entitled to.
However, under the current system, a person who delays retirement until age 69 will get 124% of what they are entitled to. If retirement is raised to 69, then a person would have to work till age 71 to get 124% of what they are entitled to . Everything shifts 2 years.
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House GOP releases budget that would 'destroy Social Security as we know it' [View all]
LetMyPeopleVote
Jun 2023
OP
By any means necessary. The party is an existential threat to everyone's health and welfare.
Efilroft Sul
Jun 2023
#40
Needs to be in every Democratic campaign commercial and brought up at every media opportunity.
Freethinker65
Jun 2023
#3
This needs to be a campaign issue for the upcoming elections along with a woman's right to choose,
JohnSJ
Jun 2023
#5
How many people will croak before they reach 69? That's certainly a reduction in benefits.
NBachers
Jun 2023
#15
I see it as a cut but am wondering how it's figured to be an across the board cut
Kaleva
Jun 2023
#37
The new Republican budget plan is to cut MEDICARE to pay for TRILLIONS in tax cuts
LetMyPeopleVote
Jun 2023
#32