Discussion: House Budget Chair Signals Big Social Security Reforms A-Coming

Discussion for article #231953

“”""“All those things ought to be on the table and discussed,” he said.""""

That’s how you say bad shit is being considered.

“”""“hinted Monday that he had big plans for Social Security reform in the next two years”""""

That’s how you say you are going to cut it or kill it outright.

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“The new House rule allows for a transfer only if it comes with changes that keep the overall Social Security program solvent”

Again, raise the fucking FICA limit. Period. Who’s the brave Dem who will stand up and be counted and say “you want it solvent? HERE: RAISE THE FICA LIMIT TO $X AND CBO SAYS IT’S SMOOTH SAILING FOR ANOTHER HALF CENTURY AT LEAST.” I betcha that $X isn’t even remotely as large of an increase as you might think.

But to answer my own question…who? None. Nobody. No one. They’re all fucking pussies and will operate under the foregone conclusion that “make it more solvent” automatically means “cut shit and take from the needy.” In fact, I’d put good money on the bet that not a single Dem will ask CBO to calculate what $X really is.

How we treat the least among us indeed…

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Fuck you, asshole.

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Raising FICA is the new 3rd rail.

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Feel that? That slight rumble and shake under your feet? Yeah…that’s the Greatest Generation collectively rolling over in their graves.

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Only because we pay congresscritters over the current limit. They should get the limit and that’s it. Every red fucking cent they earn should be subject to it.

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Well, they vote for these assholes.

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It’s amazing how many people, especially lower an middle class voters don’t even know about the FICA limit.

I was arguing this point with someone years ago and they called me a flat out liar.

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Which has always been one the greatest of ironies: that the elderly who would NEVER vote for one of those unpatriotic, godless Dems would then find themselves nailed to the wall by the Repubs they just voted into office.

BUT,… - they showed that Blah in the White House what for…

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Guess he forgot what happened to GWB when he tried to do the same. His own party revolted against him.

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When the limit was established 80% of the income earned was subject to FICA. That was the percentage thought needed to make it viable. But because the the so much more money is now earned above the limit, the amount of earned money subject to FICA is no where near 80%.

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I’m kinda surprised that Price would be so stupid that he would tie his own GOP nominee for President to the Third Rail because that’s really what he’s doing.

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I confess I didn’t know about the limit until we crossed over it. It a was pretty striking change. (We crossed back under it a while ago, too.)

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Man, fuck this guy.

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That’s because their entire salaries are subject to it. It’s like that old saying about fish not knowing they’re under water…

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Furthermore, remove the FICA cap completely.

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The Social Security Trust Fund is like the briefcase in the Movie Dumb and Dumber. Full of IOU’s able to ourselves. Good luck young people. I would investigate the successful Chilean model for a real world fix. And generational wealth could be transferred to offspring, breaking the cycle of poverty.

Haha…not really necessary though. I’m trying to keep it in the realm of the reasonable.

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Let the Republican overreach begin!

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