GOV/MIL Republicans Signal Cuts To Social Security, Medicare With New House Majority

happyretiree

Veteran Member


Igor Bobic
January 9, 2023·2 min read



House Republicans are making clear that they intend to seek cuts to entitlement programs like Social Security and Medicare with their new majority in the 118th Congress.


Their plans to target health care programs follow demands from a group of conservatives that helped elect House Speaker Kevin McCarthy (R-Calif.) over the weekend. Those far-right lawmakers have sought across-the-board spending cuts in order to tackle the growing national debt.
But the narrow House GOP majority ― McCarthy can afford to lose just four votes on any bill ― is far more divided on cuts to defense spending than for entitlement programs.

“I’m all for a balanced budget, but we’re not going to do it on the backs of our troops and our military,” Rep. Michael Waltz (R-Fla.), a former Army Green Beret, said Monday during an interview on Fox Business. “If we really want to talk about the debt and spending, it’s the entitlements programs.”

As part of his list of concessions to conservatives, McCarthy reportedly agreed to cap spending for the next year at fiscal 2022 levels, which would amount to over $130 billion in cuts from last month’s $1.7 trillion government funding bill.

Republicans don’t plan to alter benefits for current Social Security and Medicare recipients, according to Rep. Chip Roy (R-Texas).
“What we have been very clear about is, we’re not going to touch the benefits that are going to people relying on the benefits under Social Security and Medicare,” Roy said Sunday on CNN’s “State of the Union.” “But we all have to be honest about sitting at the table and figuring out how we’re going to make those work, how we’re going to deal with defense spending and how we’re going to deal with nondefense discretionary spending.”

The Republican Study Committee proposed a budget for fiscal 2023 that would gradually increase the eligibility ages for Social Security and Medicare, and change the Social Security benefit formula for people 54 and younger, while not changing it for people closer to receiving benefits.

(More at link)
 
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et2

Has No Life - Lives on TB
Ughhh no. Just more proof of the evil greedy incompetence of these morons. There’s plenty of pork to be trimmed, but the first thing they go after is Soc Sec “entitlements”.

There‘s plenty of wasteful spending that puts “our” laundered “tax” money back into “their“ retirements. They won’t cut that. Just the money they took/take from your paycheck. You don’t have a choice to stop them from taking it.

They are sending our tax dollars and military equipment in the tune of trillions of dollars without any of them accounting for where it’s going, or where the equipment ends up. They sit back and collect our laundered money with the help of the green shirt running Ukraine.

But the best they can come up with is finding ways to not give you back your money. Yet the spend your money like drunken sailors. These people should be removed

Who is this @$$ clown? Another RINO it sound like
 

et2

Has No Life - Lives on TB
Some of us do. I just think it is possible to simultaneously despise the invasion, but note that it does provide a supply of younger workers to an aging nation.

What I don't know is if the taxes they pay outweigh the entitlements they receive. Sadly, I have my doubts.

There’s some that pay none. Work for cash. No taxes paid. Many employed by business that hire them over someone paying taxes.

That includes many of our politicians.
 

TKO

Veteran Member


Igor Bobic
January 9, 2023·2 min read



House Republicans are making clear that they intend to seek cuts to entitlement programs like Social Security and Medicare with their new majority in the 118th Congress.


Their plans to target health care programs follow demands from a group of conservatives that helped elect House Speaker Kevin McCarthy (R-Calif.) over the weekend. Those far-right lawmakers have sought across-the-board spending cuts in order to tackle the growing national debt.
But the narrow House GOP majority ― McCarthy can afford to lose just four votes on any bill ― is far more divided on cuts to defense spending than for entitlement programs.

“I’m all for a balanced budget, but we’re not going to do it on the backs of our troops and our military,” Rep. Michael Waltz (R-Fla.), a former Army Green Beret, said Monday during an interview on Fox Business. “If we really want to talk about the debt and spending, it’s the entitlements programs.”

As part of his list of concessions to conservatives, McCarthy reportedly agreed to cap spending for the next year at fiscal 2022 levels, which would amount to over $130 billion in cuts from last month’s $1.7 trillion government funding bill.

Republicans don’t plan to alter benefits for current Social Security and Medicare recipients, according to Rep. Chip Roy (R-Texas).
“What we have been very clear about is, we’re not going to touch the benefits that are going to people relying on the benefits under Social Security and Medicare,” Roy said Sunday on CNN’s “State of the Union.” “But we all have to be honest about sitting at the table and figuring out how we’re going to make those work, how we’re going to deal with defense spending and how we’re going to deal with nondefense discretionary spending.”

The Republican Study Committee proposed a budget for fiscal 2023 that would gradually increase the eligibility ages for Social Security and Medicare, and change the Social Security benefit formula for people 54 and younger, while not changing it for people closer to receiving benefits.

(More at link)
"Republicans don’t plan to alter benefits for current Social Security and Medicare recipients, according to Rep. Chip Roy (R-Texas)." So, they'll screw over the ones who are getting close. THIS is why I will take SS at 62 and not wait.
 

WalknTrot

Veteran Member
This is a hit piece. Headline makes it sound like current recipients are going to be cut. Not.

There have always been a few tweaks that would make those programs solvent - adjust full retirement age (again), raise contributions across the board, and adjust/eliminate cap on high earner contributions - but the politicians have no guts to do it. Neither party.
 

colonel holman

Veteran Member
This is a hit piece. Headline makes it sound like current recipients are going to be cut. Not.

There have always been a few tweaks that would make those programs solvent - adjust full retirement age (again), raise contributions across the board, and adjust/eliminate cap on high earner contributions - but the politicians have no guts to do it. Neither party.
The ultimate third rail of politics. Boomers are a huge voting block. Each party sits and waits for someone on the other side to even barely mention “entitlements” (yeah, it IS an entitlement because you paid into it, making you ethically and legally entitled to YOUR money that .gov so faithfully invested for you… robbed it). This is a terminology error used by the press. Any politician mentioning SS/Medc is immediately accused of pushing granny off the cliff. No attention gets paid to how do we make it solvent, as promised. The only priority pols have is to use the issu to screw the other side. Nobody DARES to address the real issue. A few R’s are trying to make everyone else aware of the real issue, but they will soon be shut up or shut down.

10 thousand older Americans sign up for their SS each and every DAY. Don’t dare do the math on that
 

Nowski

Let's Go Brandon!
Social Security is not an entitlement program,
which I was forced to pay into, since I was 14
years old. If I see Feb. 12th, I will be 67.
I retired, after getting severance at 56,
and used 401K monies, until I could get Social Security.

The entitlement programs are welfare, AFDC, WIC,
the money they hand over, to the POS Africans,
and POS illegal aliens, and anybody that won't work.

The defense budget, needs to be cut to the bone,
even beyond the bone. That is where the waste is.
Also the corn gas program. It is massive, and it needs
to be completely stopped.

If you are close to 62, I would advise to take Social Security
at that time, get what you can get. You paid in, by force,
and that is your money, not theirs.

To hell with them, all of them, especially the RINO's.

Please be safe everyone.

Regards to all.

Nowski
 
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undead

Veteran Member
Social Security is not an entitlement program,
which I was forced to pay into, since I was 14
years old. I am now 66, if I see Feb. 12th 67.

The entitlement programs are welfare, AFDC, WIC,
the money they hand over to the POS Africans,
and anybody else that won't work.

Also, the defense budget needs to be cut to the bone,
even beyond the bone. That is where the waste is.

If you are close to 62, I would advise to take Social Security
at that time, get what you can get. You paid in, by force,
and that is your money, not their's.

To hell with them, all of them, especially the RINO's.

Please be safe everyone.

Regards to all.

Nowski
If you are still working at age 62, I suggest pulling SS is not a good move, due to the offsets from regular income reduing SS significantly.
 

rafter

Since 1999
What needs to happen is to cut off all aid to anyone in this country that isn't a legal citizen.

Image what the cost is for all the hotel rooms and food stamps and health care for the millions that came in just in the last year. Supposedly this is FEMA money....it still comes out of the budget and shouldn't be used on an invasion.
 

blueinterceptor

Veteran Member
Cut all foreign aid. No more aid to Ukraine
if europe won’t protect itself adequately then cut nato. streamline social security to what it was meant for. Workers retirements.
Cut funding for stupid programs. Like studies of the mating habits of squirrels or some such silly things. Cut all aid that funds anything to do with illegal aliens.

These people spend millions like ordinary people spend pennies
 

rhughe13

Heart of Dixie
That would be the one move, that would advance me to repudiate my citizenship of The White House Office Inc. I'm am very close to doing it anyway
 

33dInd

Veteran Member
And I’ve seen posted before here or else where
All of us know many a person who died before they collected.
Lots of money there.
Our contribution and our employer contribution

If the future recepiiant died. Where did it go
Who got it
Certainly the family never did
And all the money going to welfare and the illegals???

Food for thought. Nothing else
 

Blacknarwhal

Let's Go Brandon!
“I’m all for a balanced budget, but we’re not going to do it on the backs of our troops and our military,” Rep. Michael Waltz (R-Fla.), a former Army Green Beret, said Monday during an interview on Fox Business. “If we really want to talk about the debt and spending, it’s the entitlements programs.”

"We're not going to do it on the backs of our troops and our military! Never mind those are the same thing and I'm repeating myself to buy time! No, we're going to do it on the backs of our elderly!"
 

Dennis Olson

Chief Curmudgeon
_______________
“I’m all for a balanced budget, but we’re not going to do it on the backs of our troops and our military,” Rep. Michael Waltz (R-Fla.), a former Army Green Beret, said Monday during an interview on Fox Business. “If we really want to talk about the debt and spending, it’s the entitlements programs.”
Right. Let’s do it on the backs of the elderly. They’ll be dead soon anyway. F’em.

They don’t call the repubs the stupid party for nothing.
 

TKO

Veteran Member
If you are still working at age 62, I suggest pulling SS is not a good move, due to the offsets from regular income reduing SS significantly.
I personally disagree. If still working at 62 take SS and invest it if your job allows you to make a living. In 5 years you'd be 67 and have 5 years worth of investment. Even if you put it in CDs that's like 4.x percent now. Everyone's situation is different I reckon. This is just my personal take.
 
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Dennis Olson

Chief Curmudgeon
_______________
I personally disagree. If still working at 62 take SS and invest it if your job allows you to make a living. In 5 years you'd be 67 and have 5 years worth of investment. Even if you put it in CDs that's like 4.x percent now. Everyone's situation is different I reckon. This is just my personal take.
It’s not that simple. If you retire early, you get less than full benefit amount, and that amount will NEVER
GO UP. You’re stuck there. Also, until you reach full retirement age, you are severely limited in how much you can earn outside of your benefits. If you earn over that amount, you have to pay back benefits to the gov. When working, I routinely earn 4-5x the allowable amount. Thus retiring early would be a net loss for me.

You should really understand all the scenarios before offering what is very bad advice for a lot of people.
 

Blacknarwhal

Let's Go Brandon!
Social Security is not an entitlement program,
which I was forced to pay into, since I was 14
years old. If I see Feb. 12th, I will be 67.
I retired, after getting severance at 56,
and used 401K monies, until I could get Social Security.

The entitlement programs are welfare, AFDC, WIC,
the money they hand over, to the POS Africans,
and POS illegal aliens, and anybody that won't work.

The defense budget, needs to be cut to the bone,
even beyond the bone. That is where the waste is.
Also the corn gas program. It is massive, and it needs
to be completely stopped.

If you are close to 62, I would advise to take Social Security
at that time, get what you can get. You paid in, by force,
and that is your money, not theirs.

To hell with them, all of them, especially the RINO's.

Please be safe everyone.

Regards to all.

Nowski

I wondered the same thing myself. Sure, you get more if you wait, but the chances of the whole thing going belly up increases with each passing year.
 

TKO

Veteran Member
It’s not that simple. If you retire early, you get less than full benefit amount, and that amount will NEVER
GO UP. You’re stuck there. Also, until you reach full retirement age, you are severely limited in how much you can earn outside of your benefits. If you earn over that amount, you have to pay back benefits to the gov. When working, I routinely earn 4-5x the allowable amount. Thus retiring early would be a net loss for me.

You should really understand all the scenarios before offering what is very bad advice for a lot of people.
I caveated it with ME PERSONALLY. I said everyone might have a different situation.
 

Dobbin

Faithful Steed
Ughhh no. Just more proof of the evil greedy incompetence of these morons. There’s plenty of pork to be trimmed, but the first thing they go after is Soc Sec “entitlements”.
Don't forget you have a MEEDIA which is quick to throw agricultural amendment on any Republican.

It is ALWAYS the Democratic hue and cry that Republicans are going to CUT BENEFITS.

And frequently they do - but NOT to Medicare and SS. These would be a "third rail" sort of proposal - Repubs don't go there under the possibility of "pissing off their base." Third rail (politics) - Wikipedia

But Democrats claim otherwise - and the MEEDIA backs them up - ALWAYS.

Dobbin
 
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