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Republicans are dishonest and liars, we see proof of that on this forum daily.That's a steaming load right there. Neither program can long exist under the current circumstances. Something has to change and pretending everything's all right is the stuff of fever swamps, where beliefs trump reality.
If Republicans had the votes in Congress they'd eliminate both programs.Good luck with that.
Dumb ass.
According to his fellow Republicans the new House speaker is likewise a liar.The New House Speaker has already declared cuts to SS & Medicate are off the table.
Why has't this liberal propaganda / false narrative / Democrat-snowflake lie / conspiracy theory thread been moved to 'Conspiracy Theories' or the liberal troll Taunting Area?
It literally is.Raising retirement age is NOT "cutting benefits".
And what is YOUR answer?
It literally is.
Yes it is.
Take for example two people that live until 77.
Person A born after 1960 reaches FRA age at 67, if that person draws $1,500 a month in SS that is (1500 * 12 * 10) = $180,000 to live on over those 10 years.
Person B born after a grandfathered age adjustment which raises FRA to 70, if that person draws $1,500 a month in SS that is (1500 * 12 * 7) = $126,000 to live on over those seven years.
Of course raising the FRA (and early retirement ages) is a cut in benefits as the intent to to pay out less. To say it's - to paraphrase - "not a cut because benefits won't be reduced for those already receiving benefits" is setting a false limit on what cut means.
WW
We went thru this yesterday. RAISING THE RETIREMENT AGE IS NOT A CUT.
WHY? Because the younger folks will live longer and collect longer than their parents, DUH.
Its withholding money from those who have been forced to put into it, raising the access age while betting more people will die before ever being able to collect, allowing the govt to keep the money.
We went thru this yesterday. RAISING THE RETIREMENT AGE IS NOT A CUT.
WHY? Because the younger folks will live longer and collect longer than their parents, DUH.
It literally is not.It literally is.
...Raising retirement age may reduce total payments received...
So are democrats, but we all knew that already. That shattering sound was the rock you threw breaking the window in your house.Republicans are dishonest and liars, we see proof of that on this forum daily.
No, they wouldn't.If Republicans had the votes in Congress they'd eliminate both programs.
SS is meant to supplement your finances in retirement.Which is literally a cut.
WW
SS is meant to supplement your finances in retirement.
If you're dead, payments cease and thus nothing is cut.
If your boss said he was going to "cut" your salary, what does that mean to you?I agree. That's why I will have 4 separate revenue streams in retirement, my wife 4 more. That's 8 streams for the two of us.
But that doesn't change the fact that the intent of raising the retirement age is to reduce benefit payouts, literally a cut.
WW