We already know the idgits we put in office want to axe the Affordable Care Act and are planning to screw Medicare, as well. They’re also apparently intending to cut social security, possibly even for folks who are already receiving it.
Just so we’re keeping score, here, my boyfriend is healthy and alive thanks to the ACA, and my folks are on Social Security – and will be using Medicare soon. This is starting to feel real personal, GOP.
When it comes to Medicare and Social Security, I’d like to point out that we’ve been paying into those systems for years. I’ve been paying in since I was 16 – almost 25 years. I paid in with the understanding that money and healthcare would be there for me when I got old and needed it. If it isn’t, then I say I’m owed my money back.
Can we file a class action lawsuit against the government for our money back, if they cut these social programs? No, I’m serious. Any lawyers about?
Just a quick reminder, folks: Social Security is not going broke. It just isn’t. Sometime after 2030 or so, the trust that funds Social Security will run out, and at that time, Social Security will start paying out about 79% of benefits to each person. A few years after that, it’ll drop to around 74%, but it won’t stop or end. And, more importantly, there is an easy fix to the problem: all we have to do is tax top earners for Social Security, which we are not doing right now. If you make over something like $150,000 a year, you don’t pay Social Security tax. If we cut that income cap on the Social Security tax, we’d be fine.
Another FYI: There’s some GOP-spread BS going around about Medicare being bankrupt. This is completely untrue. In fact, the ACA actually helped solve some financial challenges for Medicare. Medicare is completely solvent through 2028 or so. After that, it’ll be paying out about “87 percent of Medicare hospital insurance costs,” eventually declining to around 79% of costs. And again, there’s an easy fix for this problem: raise taxes for the 1%, and regulate pricing.
Seriously, people. Don’t let the GOP lie you out of your benefits.
Here’s the story at TPM: Key House GOPer Introduces Bill With Major Cuts To Social Security.
[The bill by Rep. Sam Johnson (R-TX)] would, among other things, gradually raise the retirement age from 67 to 69 on Americans 49 or younger at the present. It would change the formula that determines the size of a retiree’s initial payments. And it would switch the program to a less generous formula for raising payments according to cost of living increases.
And that’s just for starters. Go read the whole article.