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In reply to the discussion: Well this is just great..... Social Security and Medicare will run out of money in just over a decade [View all]
GreenWave
(8,536 posts)35. SO WAPO is suddenly the voice of reason?
What business is solvent for over a decade? Yet no doom and gloom for them.
Pro-tip: US businesses will do anything to sabotage a government program that is functioning well.
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Well this is just great..... Social Security and Medicare will run out of money in just over a decade [View all]
a kennedy
May 2024
OP
People who demand congress pay back all the money owed to SS or wanting a 'lockbox" don't understand it.
MichMan
May 2024
#63
Yes, they have. In 1975, my boss said, "SS won't be worth a damn when we retire."
raccoon
May 2024
#108
Social Security is an easy fix. Just raise the limit of income that can be taxed.
patphil
May 2024
#8
People who contribute more have far more benefits than the average SS recipient.
former9thward
May 2024
#75
This assumes they would get significnatly greater benefits from the contributions.
Gore1FL
May 2024
#84
Assuming we don't extend the top benfits past what they are now other than on a COLA basis
Gore1FL
May 2024
#92
Tax corporate capital gains, siphon from inheritances, and tighten corporate tax avoidance schemes.
PufPuf23
May 2024
#95
But what I suggest is more egalitarian than status quo and solves any funding problems. nt
PufPuf23
May 2024
#110
The simple answer is that if we could raise taxes that much it needs to be distributed among many needs--
Silent Type
May 2024
#32
They do, and us middle- and lower-class people took our share of tax cuts. Raising taxes ain't as easy.
Silent Type
May 2024
#45
What does that even mean when it comes to the odds of getting a big tax increase?
Silent Type
May 2024
#49
Actually, SS Trustee says if we do nothing by early 2030s, all SS beneficiaries take a 20+% cut.
Silent Type
May 2024
#50
Wasn't disagreeing with you, simply putting a number on the potential cut if we do nothing.
Silent Type
May 2024
#62
Well here it is since you seem to have a quarrel about how it was reported.
former9thward
May 2024
#76
This has been known for over a decade. Obama tried to do something about it and was severly bashed by his own Party
Silent Type
May 2024
#29
For decades SS ran a surplus which the rest of the government has gladly spent and used to keep deficits
dsc
May 2024
#31
Simple solutions: Medicare for all/single payer healthcare and deletion of the SS salary cap
Rocknation
May 2024
#52
Maybe if Congress stayed out of the piggy bank, and there was means testing so guys like ...
marble falls
May 2024
#53
it would NOT "force benefit cuts"--- that is the decision of Congress!
DemocraticPatriot
May 2024
#89