Romney-Ryan Want to Cut Your Social Security and Medicare to Pay for Tax Cuts for the

The SSA's current projections have the trust fund being depleted by 2033. That keeps moving up EVERY time they recalculate. By law, benefits will then have to be cut to meet revenue. It is projected that they will be able to meet 75% of current benefits at that date. It's hard to determine how that compares to the claims the aflcio is making about "Mitt's plan," (if he really even has put one forward) but I really doubt they are comparing against the "do nothing plan."

Obama indicated in the first debate that he expected there would be a need for adjustments.

Maybe, it is AFLCIO's world that is magical.
 
Back
Top