More Eve of Destruction news

[44hunter45]

FACT SHEET: 80% of House Republicans Release Plan Targeting Medicare, Social Security, and the Affordable Care Act, Raising Costs, and Cutting Taxes for the Wealthy | The White House

In his State of the Union Less than two weeks ago, President Biden laid out his vision for an economy that gives the middle class a fair shot. He also warned that congressional Republicans “will cut Social Security and give more tax cuts to the wealthy,” that they continue to oppose the...

www.whitehouse.gov

 

[ismith]

First in with the……….

 

[Forkyfinder]

FACT SHEET: 80% of House Republicans Release Plan Targeting Medicare, Social Security, and the Affordable Care Act, Raising Costs, and Cutting Taxes for the Wealthy | The White House

In his State of the Union Less than two weeks ago, President Biden laid out his vision for an economy that gives the middle class a fair shot. He also warned that congressional Republicans “will cut Social Security and give more tax cuts to the wealthy,” that they continue to oppose the...

www.whitehouse.gov

Raising the age to 69 is extreme?

 

[BuzzH]

Raising the age to 69 is extreme?

51+ years of work, life expectancy of 77ish...MRA of 69?

Sounds 3rd world like to me.

Enjoy your last 7-8 years...WTF?

I'm retirement eligible 8 months from this November, and that's too long IMO.

 

[406dn]

Anyone who makes their money from physical labor, bricklayers, roofers, carpenters, plumbers and on and on, telling them they are working to 69, you might as well tell them they will work until they can't.

It won't affect me directly, since I'm already on Social Security, coming 73 in a couple of months. I took it at 62, the same year I retired from work. This week marks 11 years since I came off the payroll. I am in good health, but many contemporaries are not that healthy.

The first few years of retirement are the ones most likely to resemble the daydream of what retirement might be. Forcing people to work until 69 to get full retirement benefits will mean quite a few people will not enjoy any sort of an active retirement period.

The good news is , I doubt it ever becomes the law of the land. It also puts the GOP's cards face up on the table. That is more transparent than they usually are.

 

[BuzzH]

Anyone who makes their money from physical labor, bricklayers, roofers, carpenters, plumbers and on and on, telling them they are working to 69, you might as well tell them they will work until they can't.

It won't affect me directly, since I'm already on Social Security, coming 73 in a couple of months. I took it at 62, the same year I retired from work. This week marks 11 years since I came off the payroll. I am in good health, but many contemporaries are not that healthy.

The first few years of retirement are the ones most likely to resemble the daydream of what retirement might be. Forcing people to work until 69 to get full retirement benefits will mean quite a few people will not enjoy any sort of an active retirement period.

The good news is , I doubt it ever becomes the law of the land. It also puts the GOP's cards face up on the table. That is more transparent than they usually are.

Quit crying and just keep working until you die on the job. The R's appreciate your dedication.

 

[drexal]

There are ways to take care of your future that doesn't rely so much on the government. It doesn't matter if republican or democrat, they will fail you because neither side cares about you.

 

[BuzzH]

There are ways to take care of your future that doesn't rely so much on the government.

Absolutely, if you make good money.

 

[FairWeather]

I’m 33 now. Whether is happens now, or later, I’ve come to expect I won’t be able to collect social security until my 70s…if I make it that far. It’s really pathetic that this is who we have for our representative government.

 

[Nick87]

Anyone who makes their money from physical labor, bricklayers, roofers, carpenters, plumbers and on and on, telling them they are working to 69, you might as well tell them they will work until they can't.

Can't will come first for quite a few.

 

[Gr8bawana]

They're just hoping people bite the dust before they can collect anything.

View attachment 320007

 

[Nick87]

51+ years of work, life expectancy of 77ish...MRA of 69?

Sounds 3rd world like to me.

Enjoy your last 7-8 years...WTF?

I'm retirement eligible 8 months from this November, and that's too long IMO.

Just talking to my boss yesterday about this. We can retire at 60 with full retirement or 55 at 15% hit and 3 % less every year after. He's hell bent on going til 60. He said he's not giving up 15% I asked him how much you'll give up if you die at 63. Didn't even make a dent. At 55 I'll have 37 years into my pension if that's not enough I don't think 42 is gonna do me any better.

 

[Gr8bawana]

 

[Djfan]

The uniparty strikes again. The whole lot of them are crooks and scumbags Hate on Trump, Biden Obama, Whomever. They are all the reason this nation is going into the toilet

 

[F250]

Wondering if the approximately 10 million “ new comers” the D’s have let in will be able to draw some form of SS/SSI … in addition to all the other freebies…

 

[BuzzH]

Wondering if the approximately 10 million “ new comers” the D’s have let in will be able to draw some form of SS/SSI … in addition to all the other freebies…

If they pay into the system, become legal U.S. citizens, why wouldn't they?

 

[TheTone]

Threads with tons of replies wondering if point systems are a fraud; killing off peoples accounts they’ve been forced to pay into for decades seems a bit worse

 

[F250]

If they pay into the system, become legal U.S. citizens, why wouldn't they?

what’s your estimate of how many will actually jump through all those hoops ?

 

[BuzzH]

what’s your estimate of how many will actually jump through all those hoops ?

What's yours?

 

[Marshian]

I don’t like this anymore than the next guy, but I would be curious peoples’ thoughts on keeping it financially solvent. One talked about idea is removing the upper pay in cap limit, ie you keep paying in no matter how much you earn, but your max take-out stays fixed. Right now, any earnings above 168,800 don’t get taxed into social security. Apart from raising the age, lowering the benefit amount (or not having it keep pace with inflation), or removing the upper pay in cap, I don’t see how it could stay afloat.