DOGE Heads Musk and Ramaswamy Signal Social Security Cuts Are Coming Trump vowed to “not cut one penny” from Social Security, but his other statements

I am counting how many retired relatives I have and getting worried. I can save a few, but nowhere near all of them.

There will be some tough decisions moving forward.
Well I am beginning to think Trump is doing a lot of this shit just so he can put people to work building new bridges for people to live under and so he can tell his low IQ MAGA followers see I put people to work, and they will cheer and believe him.
 
I am counting how many retired relatives I have and getting worried. I can save a few, but nowhere near all of them.

There will be some tough decisions moving forward.
Are you worried because the “ trust fund” is going to run out in a decade and unless something is done, benefits will automatically be cut by 25% yet if anyone even acknowledges that fact, they are deemed to hate Social Security and want to eliminate it?
 
It is really mixed. And the exact opposite of how they feel.

Those that are spending like everything is fine are in terrible shape. Those that are acting like this is the end of the world are in great shape. You can guess which camp I fall in.
It's going to get better... if you really want to help them encourage them to be optimistic... And for the moment realistic....
 
Are you worried because the “ trust fund” is going to run out in a decade and unless something is done, benefits will automatically be cut by 25% yet if anyone even acknowledges that fact, they are deemed to hate Social Security and want to eliminate it?
The whole idea of the trust fund disturbed me. Taxes were paid by working class people, and the excess money was used to reduce taxes on the very rich... WHO PAID BARELY ANY PAYROLL TAXES!!! The promise was that the very rich would someday pay back that money, but we all know they never will.

The American people spent decades generating a surplus that was given to a small minority of entitled people, and that money is never going to be repaid. We now need to think of how to keep generating a surplus, moving forward.
 
Ouch, that is painful. You are completely dependent on the state for your pension, and it is one of those cheap states to skimp on Social Security. I can see why you are forced to work even in retirement.

Sorry to hear that, but really sorry things are going to get much worse.
I'm retired... And I
Volunteer ...I don't Double dip... I don't have to... My Pension is quite nice and half will contine to be paid to my daughter once i'm gone... In addition things are getting better so all is very very well...
 
The whole idea of the trust fund disturbed me. Taxes were paid by working class people, and the excess money was used to reduce taxes on the very rich... WHO PAID BARELY ANY PAYROLL TAXES!!! The promise was that the very rich would someday pay back that money, but we all know they never will.

The American people spent decades generating a surplus that was given to a small minority of entitled people, and that money is never going to be repaid. We now need to think of how to keep generating a surplus, moving forward.
According to the government any money borrowed from S.S. has been paid back, with interest. They lying about that?

S.S. was never set up as a welfare system. Rich people pay in (up to a certain amount) just like everyone else and they get back the same percentage amount as everyone else that they paid in.

You can change S.S. to means test or make it a welfare type system. But that changes the narrative of S.S.
 
According to the government any money borrowed from S.S. has been paid back, with interest. They lying about that?
They certainly never promised that. They promised that the interest would be paid by the federal government on the money borrowed by the federal government. They made the promise that the principle would not be repaid, and more importantly, that those that benefited would not be held accountable.

Rich people pay in (up to a certain amount) just like everyone else
Again, no. People who get earned income pay in, up to a point. Rich people usually earn little to no earned income, and the hard cap on Social Security taxes mean that even if they do they pay little Social Security taxes.

they get back the same percentage amount as everyone else that they paid in.
Payroll taxes were used to offset capital gains taxes, so a very rich person had their taxes greatly reduced based on taxes they never paid.
 
They certainly never promised that. They promised that the interest would be paid by the federal government on the money borrowed by the federal government. They made the promise that the principle would not be repaid, and more importantly, that those that benefited would not be held accountable.


Again, no. People who get earned income pay in, up to a point. Rich people usually earn little to no earned income, and the hard cap on Social Security taxes mean that even if they do they pay little Social Security taxes.


Payroll taxes were used to offset capital gains taxes, so a very rich person had their taxes greatly reduced based on taxes they never paid.
That's false. While it's correct most people don't get rich based on salary there are very few people that earn no income. So that's not the reason S.S. is in the situation it is.
 

DOGE Heads Musk and Ramaswamy Signal Social Security Cuts Are Coming​

Trump vowed to “not cut one penny” from Social Security, but his other statements and actions suggest that he plans to.

On Sunday, president-elect Donald Trump sought to assuage concerns that he will make cuts to Social Security and other safety net programs after Republicans signaled last week that Social Security could be targeted by Trump’s “Department of Government Efficiency” (DOGE) initiative, managed by Elon Musk and Vivek Ramaswamy.

Asked by host Kristen Welker on NBC’s “Meet the Press” program whether the DOGE initiative would include cuts to Social Security, Trump said “no,” other than perhaps cuts related to allegations of “abuse” or “fraud” associated with the program.

Notably, such fraud happens at extremely low rates — by one estimate, fraud equals around just $0.40 out of every $100 in benefits Social Security doles out yearly.


“We’re not touching Social Security, other than — we might make it more efficient,” Trump said about the national insurance program that helps retirees, disabled people, widowers and children of deceased parents. “But the people are going to get what they get.”

“We’re not raising ages or any of that stuff,” he added.
I'll give Trump until summer before his favorability rating goes deeper underwater than Biden's.
 
3 campaign promises already broken. He’s off to a great start!

1. End wars

2. Lower prices

3. Cuts to SS

Go Felonious

3 campaign promises already broken. He’s off to a great start!

1. End wars

2. Lower prices

3. Cuts to SS

Go Felonious
He will end all of biden's wars as there were no wars under his first ppresidency
He will once again lower all prices as he brings back our natural fuels...drill baby drill
He repeatedly said he won't cut medicare and medicaid

Speaking of broken promises, how did biden's promise to unite the American people and America work out for him?
 
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