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re: As deficit grows, GOP leaders eye cuts to medicare and social security

Posted on 8/21/18 at 1:40 pm to
Posted by Taxing Authority
Houston
Member since Feb 2010
57387 posts
Posted on 8/21/18 at 1:40 pm to
quote:

Just like I predicted, despite all the predictioms that the cuts would pay for themselves and nothing need be cut.


quote:

cuts to medicare and social security
When did SSDI and MEDI tax rates get cut?

HINT: Last time they were cut... Obama was president, and the 'cut' has long ago expired.
Posted by Bass Tiger
Member since Oct 2014
46356 posts
Posted on 8/21/18 at 1:45 pm to
quote:

Sure, but a rational policy is to just kick everybody under a certain age down the line another month or two. Nobody in their 30s is going to change their vote over 1 month 30 years from now.


Ultimately I don’t think the changes to SS are limited too raising the age to qualify for benefits. The government is going to come for our money through means testing or raising the limits on SS payroll taxes.
Posted by Ace Midnight
Between sanity and madness
Member since Dec 2006
89621 posts
Posted on 8/21/18 at 3:00 pm to
quote:

through means testing


Kills the idea it is an insurance program.

quote:

raising the limits on SS payroll taxes.


Are they going to raise benefits?
Posted by Sidicous
Middle of Nowhere
Member since Aug 2015
17280 posts
Posted on 8/21/18 at 3:15 pm to
quote:




It is as if I take a second job paying 20K more and Mrs. BHP spends 30k more and her complaining that my extra job is costing us 10k


More like paying child care $10k more than a spouse makes, just so the spouse can say they have a job.
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