The Social Security ‘waste’ and ‘fraud’ lie.

OK, so according to the dems now SS is totally fine, and we have nothing to worry about.....Great, one less thing to worry about.....Just keep the checks coming and STFU.
WTF are you yammering about now?

SS in NOT fine, and the CAP needs to be increased.
People making $400,000 should still be paying into SS.
Why the CAP?

I suppose you believe we should stop taxing gas after 10 gallons.....right?
The 'I hate the Government Thinking.'
 
‘Elon Musk’s promise is based on the idea of eliminating fraud, waste, and abuse within the Social Security Administration (SSA). However, according to Chris Orestis, retirement expert and president of Retirement Genius, that premise is based on a misperception.

“There is no solid evidence that large sums are being paid to people who do not deserve them,”

he said, in line with reports published by media such as The New York Times and Associated Press.

But even in the hypothetical case that ‘extra’ funds were found, that would not allow for an automatic increase in benefits. As Orestis explained, the only mechanism for increasing Social Security payments is the cost-of-living adjustment (COLA), which is calculated each year according to inflation levels. In other words, no matter how much money is “saved,” checks cannot go up unless the law allows it.

How Social Security benefits are calculated? These do not depend on the size of the trust fund or the number of employees in the SSA, but on the income that each person has had throughout their working life. To change that formula, Congress would have to pass a law, which is not on the table at the moment.’


The premise of ‘waste’ and ‘fraud’ is based not only on a misperception, it’s based on ignorance, dishonesty, and lies.

Social Security is NOT an entitlement. It is an earned benefit.
 
Part of the problem is we use the term "Social Security". When in fact there are different programs under the Social Security Administration.

I've classified them in my mind as:
  • Social Security Retirement
  • Social Security Disability (workers long enough to pay into the system and become disabled)
  • Supplemental Disability (disabled people that can't work)
  • Social Security Survivor Benefits (a worker dies and has paid into SS to help raise children)

WW
 
‘Elon Musk’s promise is based on the idea of eliminating fraud, waste, and abuse within the Social Security Administration (SSA). However, according to Chris Orestis, retirement expert and president of Retirement Genius, that premise is based on a misperception.

“There is no solid evidence that large sums are being paid to people who do not deserve them,”

he said, in line with reports published by media such as The New York Times and Associated Press.

But even in the hypothetical case that ‘extra’ funds were found, that would not allow for an automatic increase in benefits. As Orestis explained, the only mechanism for increasing Social Security payments is the cost-of-living adjustment (COLA), which is calculated each year according to inflation levels. In other words, no matter how much money is “saved,” checks cannot go up unless the law allows it.

How Social Security benefits are calculated? These do not depend on the size of the trust fund or the number of employees in the SSA, but on the income that each person has had throughout their working life. To change that formula, Congress would have to pass a law, which is not on the table at the moment.’


The premise of ‘waste’ and ‘fraud’ is based not only on a misperception, it’s based on ignorance, dishonesty, and lies.
“There is no solid evidence that large sums are being paid to people who do not deserve them,”

I'm betting this claim comes from the Government investigating itself and finding nothing wrong.
 
‘Elon Musk’s promise is based on the idea of eliminating fraud, waste, and abuse within the Social Security Administration (SSA). However, according to Chris Orestis, retirement expert and president of Retirement Genius, that premise is based on a misperception.

“There is no solid evidence that large sums are being paid to people who do not deserve them,”

he said, in line with reports published by media such as The New York Times and Associated Press.

But even in the hypothetical case that ‘extra’ funds were found, that would not allow for an automatic increase in benefits. As Orestis explained, the only mechanism for increasing Social Security payments is the cost-of-living adjustment (COLA), which is calculated each year according to inflation levels. In other words, no matter how much money is “saved,” checks cannot go up unless the law allows it.

How Social Security benefits are calculated? These do not depend on the size of the trust fund or the number of employees in the SSA, but on the income that each person has had throughout their working life. To change that formula, Congress would have to pass a law, which is not on the table at the moment.’


The premise of ‘waste’ and ‘fraud’ is based not only on a misperception, it’s based on ignorance, dishonesty, and lies.
What the lie? Some guys opinion of what large is?

The issue is that there is any
 
Suck a bag of dicks.

Prove your own initial claim. Burden is on you, Ms.Fit
No, it is not. You dismissed my claim, offering nothing to support your dismissal.





 
What? You loons saying Republicans are going to get rid of Social Security? You loons have been saying that since I started paying attention to politics.
And I bet not one poster here personally knows a single SS recipient who isn't still getting their SS deposits monthly. It's such a stupid lie to say Trump will end your SS.

In fact, the SS Fairness Act passed and was signed into law very late in Biden's term. At that time, SS said it would take a year or so to get the new payments and retroactive payments to those who benefited from the passage of that bill. Then Trump was sworn in, those updates were automated, likely by the DOGE team, and those retroactive payments have gone out and the new higher benefits are underway for that group - in just a couple months.
 
PELOSI: “We cannot keep our promises on Medicare. We simply must make the cuts of waste, fraud, and abuse in Medicare so that the benefits and the premiums are untouched. We owe it to our seniors. We owe it to our country.”
Yeah, she wasn't talking about the doge kids being let loose in there to steal everything.
 
One error within this set is about liberals being the ones who started taxing SS payments. That was actually Reagan in 1983. Then a decade later, Clinton took that taxation up even higher - but it all started with Reagan in 1983.
but was it a democrat congress?
 
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Social Security is NOT an entitlement. It is an earned benefit.
Nope it’s an entitlement. Once you meet certain legal requirements you are entitled to the benefits

If you don’t met those legal requirements you are not entitled to it

It’s certainly not always earned, many people get far more out of it then they paid in.
 
And I bet not one poster here personally knows a single SS recipient who isn't still getting their SS deposits monthly. It's such a stupid lie to say Trump will end your SS.
When did anyone claim that legit recipients were NOT getting their SS Deposits?

Likewise to your question, I bet you don't know a single person that is in FACT receiving an illegal benefit. I heard there was MILLIONS, so you must know at least ONE.

Am I right?
 
When did anyone claim that legit recipients were NOT getting their SS Deposits?

Likewise to your question, I bet you don't know a single person that is in FACT receiving an illegal benefit. I heard there was MILLIONS, so you must know at least ONE.

Am I right?
So nobody who’s suppose to be getting benefits isn’t, you are just whining that the govt is trying to make sure that nobodys illegally getting benefits?

Wow..
 
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Yeah, she wasn't talking about the doge kids being let loose in there to steal everything.
Why would you say that?... she said she wanted to do exactly what DOGE is doing saving Medicare Medicaid and SS.... are you just ignoring the truth or what?... see what we mean by TDS?... nothing Trump does is good even if its a lifelong wish list for Democrats... that's kind of crazy dude.... I'd have more respect for you if you could admit it when Trump does a good thing...
 
So nobody who’s suppose to be getting benefits isn’t, you are just whining that the govt is trying to make sure that nobodys illegally getting benefits?

Wow..
No, let’s be clear.

I think it’s hyperbole or a flat out lie, that there are 6 million + 112 year olds collecting SS.
 
No, let’s be clear.

I think it’s hyperbole or a flat out lie, that there are 6 million + 112 year olds collecting SS.
That is a lot maybe it’s hyperbole. How many do you think it is?
 
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