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re: Joe unwittingly took the cut social security / Medicare talking point off the table

Posted on 2/7/23 at 10:42 pm to
Posted by FtHuntTiger
Lafayette, LA
Member since Oct 2011
677 posts
Posted on 2/7/23 at 10:42 pm to
Agree. But I think he went a long way toward taking the discussion off the table, and thus claiming victory in upcoming budget discussions. If someone from the R side does float a proposal, he can cite the “consensus” tonight and shut it down. Again, just my opinion.
Posted by CubsFanBudMan
Member since Jul 2008
5095 posts
Posted on 2/7/23 at 10:54 pm to
quote:

If someone from the R side does float a proposal, he can cite the “consensus” tonight and shut it down. Again, just my opinion.



Depends on the proposal. If the proposal is to allow workers to choose to opt out of SS and force employers to put the employer portion in a 401k type plan, then a lot of people will be all for it.

I would be all for the elimination of self-employment taxes. As someone that files a Sch C for a side hobby that has less than 2k of income, that extra tax hurts more than it will help when I retire.
Posted by NC_Tigah
Carolinas
Member since Sep 2003
124174 posts
Posted on 2/7/23 at 11:14 pm to
quote:

he went a long way toward taking the discussion off the table
SS and medicare were never on the table in this discussion. Unlike every other item in the budget, both SS and medicare remain in balance for the time being. The remainder of the budget is $1.4 Trillion in deficit at present.
This post was edited on 2/8/23 at 12:44 pm
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