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pa28

(6,145 posts)

5. Obama "re-endorsed" the idea of lifting the cap as recently as October.

Reply to hootinholler (Original post)

Sun Dec 30, 2012, 07:59 PM

Dec 2012

Obama Revives Social Security Idea: Raise Payroll Tax Cap To Replenish Fund
http://www.huffingtonpost.com/2012/09/21/obama-social-security_n_1903773.html

IMO we need to spend down the trust fund as was originally intended in order to return that money to working Americans. However, if politicians insist on "fixing" a non-existent problem raising the cap seems to be the best of a bad lot of solutions.

What happened to the option of lifting the cap? Nobody in the administration has even mentioned it since the election.

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The SS tidbit I haven't seen in the press is younger than 52 your retirement age is already 67. [View all] hootinholler Dec 2012 OP

Yep, another of St. Ronnie's gifts to the people Freddie Dec 2012 #1

all the assholes who voted for reagan Skittles Dec 2012 #2

Only some of them are dead and so now the "rest" are reaping what THEY sowed! CTyankee Dec 2012 #4

Very true union_maid Dec 2012 #3

Obama "re-endorsed" the idea of lifting the cap as recently as October. pa28 Dec 2012 #5

It's not like the full benefits age has been hidden. It's published by the SSA. RB TexLa Dec 2012 #6

Mine is 66 years and 8 months. Sheldon Cooper Dec 2012 #7

Here's the other thing for the right now. wouldn't we open up a lot of jobs if we get PeaceNikki Dec 2012 #8