Jodey Arrington Leads House Ways And Means Committee Hearing On Social Security & Medicare Solvency

Рет қаралды 5,788

14 күн бұрын

The House Ways and Means Committee holds a hearing on Social Security and Medicare solvency.
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Пікірлер: 10

@garymartin9777 7 күн бұрын

the '83 reforms raised the FICA tax, pushed back full retirement age, started income tax on some SS benefits and started payroll tax on all federal employees. Pay more, get less.

@leonlenaghen8157 13 күн бұрын

Return the money you all took out of the disability funding

@sapereaude616 10 күн бұрын

How do people collect SS without ever paying into it or having 40 points.

@garymartin9777 7 күн бұрын

"SS doesn't add to the national debt." Not directly, but indirectly it does. Special issue bonds in the trust funds (SS & MC) must be redeemed for cash to pay beneficiaries. If the treasury does not have cash to make the redemption, general obligation bonds must be sold to raise that cash. GO bonds always incur higher interest rates than special issue bonds which have a favorable interest rate set by Congress.

@garymartin9777 7 күн бұрын

Mr. Goss of SSA seems to imply there is $2.8T cash in the OASI trust fund. This is incorrect. There is not one red cent of cash in the trust fund because by law all SS revenues are invested in short term and long term special issue bonds. The cash ends up in the general fund and has long ago been spent on all general budget items. SSA might regard the bonds as cash because it doesn't have to produce cash to redeem them-- the taxpayers do.

@thomascope2119 13 күн бұрын

Id be happy with 2.5% raise for 2025.

@stroodle1100 5 күн бұрын

We shouldn't even be having a discussion about SSI with all that money we sending overseas for funding foreign wars it's like a slap in the face to tax payers..🎉🎉🎉🎉🎉