Liberal Forum
Archive
‹
Political Chat Rooms
‹
No Holds Barred Political Forum
‹
Nikki Haley and Mike Pence want to cut Social Security
Nikki Haley and Mike Pence want to cut Social Security
By Xavier_Onassis
14 Mar 2023 12:27 pm in No Holds Barred Political Forum
14 Mar 2023 12:27 pm
They have both announced that the retirement age should be raised and the payouts should be reduced.
Both of them are at the stage where they need to hit up their wealthy GOP contributors for the Big Bucks, and of course, the one thing that their fatcat buddies want to avoid is paying more into Social Security and Medicaid. Mitch is sitting on tons of money and not up the reelection. Trump also has a lot of funds, but Haley and Pence are not funded and have to convince the rich pals to contribute.
Both of them are at the stage where they need to hit up their wealthy GOP contributors for the Big Bucks, and of course, the one thing that their fatcat buddies want to avoid is paying more into Social Security and Medicaid. Mitch is sitting on tons of money and not up the reelection. Trump also has a lot of funds, but Haley and Pence are not funded and have to convince the rich pals to contribute.
14 Mar 2023 12:28 pm
14 Mar 2023 12:38 pm
Reduced across the board?Xavier_Onassis » 14 Mar 2023, 12:27 pm » wrote: ↑ They have both announced that the retirement age should be raised and the payouts should be reduced.
Both of them are at the stage where they need to hit up their wealthy GOP contributors for the Big Bucks, and of course, the one thing that their fatcat buddies want to avoid is paying more into Social Security and Medicaid. Mitch is sitting on tons of money and not up the reelection. Trump also has a lot of funds, but Haley and Pence are not funded and have to convince the rich pals to contribute.
14 Mar 2023 5:00 pm
President Bill Clinton's proposal to Privatize Social SecuritySocial Security has been called the "third rail of American politics" because politicians get badly burned if they try to tamper with it. In 1999 President Clinton proposed investing the Social Security Trust Fund in what some might consider "risky" assets in the stock market and bonds.
The stock market then was in the late stages of a bull market cycle with stock prices and indexes overvalued. Clinton told a joint meeting fo the U.S. House of Representatives and Senate,
“I propose that we commit 60 percent of the budget surplus for the next 15 years to Social Security, investing a small portion in the private sector, just as any private or State Government pension would do.
In 1993 President Clinton sought to increase taxes on Social Security benefits of the elderly and disabled. The final version of the bill passed by the Democratically controlled Congress increased taxes on beneficiaries from the first 50% to 85% of benefits.
Vice President Al Gore cast the deciding tie-breaker vote in the Senate to make the tax increase law. The Clinton-Gore tax increase on Social Security benefits included 15% more of the social security benefit at the beneficiary's marginal rate. It collected some taxes on retired couple making as little as $22,000 per year.
In 2009 conservatives attacked the Democrats health care reform program because it reneged on promises made to Medicare beneficiaries.
The stock market then was in the late stages of a bull market cycle with stock prices and indexes overvalued. Clinton told a joint meeting fo the U.S. House of Representatives and Senate,
“I propose that we commit 60 percent of the budget surplus for the next 15 years to Social Security, investing a small portion in the private sector, just as any private or State Government pension would do.
In 1993 President Clinton sought to increase taxes on Social Security benefits of the elderly and disabled. The final version of the bill passed by the Democratically controlled Congress increased taxes on beneficiaries from the first 50% to 85% of benefits.
Vice President Al Gore cast the deciding tie-breaker vote in the Senate to make the tax increase law. The Clinton-Gore tax increase on Social Security benefits included 15% more of the social security benefit at the beneficiary's marginal rate. It collected some taxes on retired couple making as little as $22,000 per year.
In 2009 conservatives attacked the Democrats health care reform program because it reneged on promises made to Medicare beneficiaries.
14 Mar 2023 5:03 pm
President Lyndon Johnson raids the Social Security Trust Fund to wage the Vietnam War.
President Johnson created the 'unified budget' in the late 1960s to disguise the real cost of the Vietnam War. President Johnson did not want to ask for income tax increases to pay for several ambitious government programs of that era (the Vietnam War, the Great Society War on Poverty, the NASA Space Race).
Putting surpluses from Social Security overwithholding “on budget” (adding them to the general operating budget of the United States Government) so the overwithholding could be used to pay for other government programs would make the federal budget appear balanced. The resulting debt to Trust Funds would be presented “off budget.”
In 1967 President Johnson appointed a Commission on Federal Budget Concepts which in its October 1967 report proposed a unified budget to do this. Johnson submitted the first unified budget to a Democratic Congress for Fiscal Year 1969 scheduled to begin on July 1, 1968. Thus was born the practice of using Social Security Trust Fund surpluses – or "Intra-governmental Holdings of Debt" to hide the size of the overall federal deficit.
President Johnson created the 'unified budget' in the late 1960s to disguise the real cost of the Vietnam War. President Johnson did not want to ask for income tax increases to pay for several ambitious government programs of that era (the Vietnam War, the Great Society War on Poverty, the NASA Space Race).
Putting surpluses from Social Security overwithholding “on budget” (adding them to the general operating budget of the United States Government) so the overwithholding could be used to pay for other government programs would make the federal budget appear balanced. The resulting debt to Trust Funds would be presented “off budget.”
In 1967 President Johnson appointed a Commission on Federal Budget Concepts which in its October 1967 report proposed a unified budget to do this. Johnson submitted the first unified budget to a Democratic Congress for Fiscal Year 1969 scheduled to begin on July 1, 1968. Thus was born the practice of using Social Security Trust Fund surpluses – or "Intra-governmental Holdings of Debt" to hide the size of the overall federal deficit.
14 Mar 2023 5:05 pm
Xavier_Onassis » 14 Mar 2023, 12:27 pm » wrote: ↑ They have both announced that the retirement age should be raised and the payouts should be reduced.
Both of them are at the stage where they need to hit up their wealthy GOP contributors for the Big Bucks, and of course, the one thing that their fatcat buddies want to avoid is paying more into Social Security and Medicaid. Mitch is sitting on tons of money and not up the reelection. Trump also has a lot of funds, but Haley and Pence are not funded and have to convince the rich pals to contribute.
lifting the cap will be the issue. gen x'r's know that is the answer to fixing social security.
14 Mar 2023 5:07 pm
Z09 » 14 Mar 2023, 4:19 pm » wrote: ↑ So people in their 20s whose life expectancy is longer might work longer?
Not the worst idea
it won't fly.
14 Mar 2023 5:15 pm
right now anything over 169,000 is not taxed for social security.
lifting the cap would allow incomes over 169,000 to be taxed.
the cap could be reset at 250,000.
14 Mar 2023 5:19 pm
Trumprules » 14 Mar 2023, 5:16 pm » wrote: ↑ But rich people want you to be forced into a small cap mutual funds so their people can use your money the way they see fit.
genxr's will be a big voting block and who promises to lift the cap will be elected. this will pertain to the president, the senate and congress.
14 Mar 2023 5:28 pm
JuCo 5 percenter...72
“Show me the man and I’ll find you the crime” ~ LAVRENTIY BERIA
"Try to get past your passionate ignorance and learn to accept what actually happened." ~ brown's unheeded words of wisdom 
If gender is not sex, why should a gender claim change what sex you shower with?
"Libruls are often fascists on vacation..."
14 Mar 2023 5:28 pm
Trumprules » 14 Mar 2023, 5:25 pm » wrote: ↑ Don't worry the republican misinformation machine with fool them with billions spent to fool them.
nope.
they will not be fooled. social security is a big issue to them,
14 Mar 2023 5:28 pm
**** will ya CHT?
JuCo 5 percenter...72
“Show me the man and I’ll find you the crime” ~ LAVRENTIY BERIA
"Try to get past your passionate ignorance and learn to accept what actually happened." ~ brown's unheeded words of wisdom
If gender is not sex, why should a gender claim change what sex you shower with?
"Libruls are often fascists on vacation..."
14 Mar 2023 5:32 pm
**** idiot...Trumprules » 14 Mar 2023, 5:25 pm » wrote: ↑ Don't worry the republican misinformation machine with fool them with billions spent to fool them.
JuCo 5 percenter...72
“Show me the man and I’ll find you the crime” ~ LAVRENTIY BERIA
"Try to get past your passionate ignorance and learn to accept what actually happened." ~ brown's unheeded words of wisdom
If gender is not sex, why should a gender claim change what sex you shower with?
"Libruls are often fascists on vacation..." 
14 Mar 2023 5:33 pm
I want to to thank all the taxpayers out there for Mrs. Blast's paycheck
It paid the homeowners insurance this month for the year
https://www.youtube.com/watch?v=-YIvueWPDNk
It paid the homeowners insurance this month for the year
https://www.youtube.com/watch?v=-YIvueWPDNk
14 Mar 2023 5:43 pm
Is the Mrs......a female?PastorBlast » 14 Mar 2023, 5:33 pm » wrote: ↑ I want to to thank all the taxpayers out there for Mrs. Blast's paycheck
It paid the homeowners insurance this month for the year
https://www.youtube.com/watch?v=-YIvueWPDNk
Never can tell with you folks.
14 Mar 2023 5:53 pm
Professor, you're so damn old that, by now, you're getting way more out than what you put in. We need to cut your greedy *** off!!! There's no difference in me hacking your 403(b) account and steeling all of your money and you Progs taxing wealthy people to fund your **** retirement.Xavier_Onassis » 14 Mar 2023, 12:27 pm » wrote: ↑ They have both announced that the retirement age should be raised and the payouts should be reduced.
Both of them are at the stage where they need to hit up their wealthy GOP contributors for the Big Bucks, and of course, the one thing that their fatcat buddies want to avoid is paying more into Social Security and Medicaid. Mitch is sitting on tons of money and not up the reelection. Trump also has a lot of funds, but Haley and Pence are not funded and have to convince the rich pals to contribute.
14 Mar 2023 5:58 pm
Trumprules » 14 Mar 2023, 5:31 pm » wrote: ↑ You don't know the power of the big misinformation machine on the right wing.
most if not all gen xr' s are concerned about social security
14 Mar 2023 6:00 pm
With a democrat potus and a democrat senate?Xavier_Onassis » 14 Mar 2023, 12:27 pm » wrote: ↑Nikki Haley and Mike Pence want to cut Social Security
What do you think their chances are?
Do you believe that SS needs any kind of reform to keep it viable?
If not, why not?
If so, what reforms do YOU support?
When you complain, ur friends roll their eyes and ur enemies rejoice
"Because I SAY I am" is a todler's tantrum, not "science"
You cannot betray me - only yourself, to me.
Who cuts off your dick is not a friend
An opinion you won't defend is not your own
Humanity's Law of the Jungle: Survival NOT of the fittest, but of the tribe
When peeing in the pool, stand on the edge
If gender is not sex, why should a gender claim change what sex you shower with?
"Because I SAY I am" is a todler's tantrum, not "science"
You cannot betray me - only yourself, to me.
Who cuts off your dick is not a friend
An opinion you won't defend is not your own
Humanity's Law of the Jungle: Survival NOT of the fittest, but of the tribe
When peeing in the pool, stand on the edge
If gender is not sex, why should a gender claim change what sex you shower with?
14 Mar 2023 6:03 pm
What Republicans would refuse to sign a SS cut passed by the GOP, tell us.
I do not think you can say that it is a lie, if he is referring to potential GOP candidates.
14 Mar 2023 6:05 pm
What WILL fly? What SHOULD fly?
What was life expectancy when the beginning of benefits was put at 65?
What if anything SHOULD be done to secure the program's solvency into the future?
How do your ideas differ from those of Haley and Pence?
When you complain, ur friends roll their eyes and ur enemies rejoice
"Because I SAY I am" is a todler's tantrum, not "science"
You cannot betray me - only yourself, to me.
Who cuts off your dick is not a friend
An opinion you won't defend is not your own
Humanity's Law of the Jungle: Survival NOT of the fittest, but of the tribe
When peeing in the pool, stand on the edge
If gender is not sex, why should a gender claim change what sex you shower with?
"Because I SAY I am" is a todler's tantrum, not "science"
You cannot betray me - only yourself, to me.
Who cuts off your dick is not a friend
An opinion you won't defend is not your own
Humanity's Law of the Jungle: Survival NOT of the fittest, but of the tribe
When peeing in the pool, stand on the edge
If gender is not sex, why should a gender claim change what sex you shower with?
Who is online
In total there are 4965 users online :: 4 registered, 14 bots, and 4947 guests
Bots: Reeder, ADmantX, CriteoBot, facebookexternalhit, proximic, okhttp, YandexBot, Googlebot, Mediapartners-Google, DuckDuckBot, curl/7, Baiduspider, Applebot, bingbot