Pensions: Even in normal years, the annual Social Security and Medicare trustees´ reports typically get overlooked. This year is far from normal. But the reports should be top of mind for anyone who cares about retirement security. The Social Security report finds that the "trust fund" will run out of money in just 17 years. The news only gets worse from there. The program´s unfunded liability over the next 75 years is now $12.5 trillion, which is up from $11.4 trillion last year and $4.7 trillion a decade ago. In other words, Social Security´s long-term unfunded liability has increased by 166% in
This outcome alone should have been tackled years ago by bringing to a screeching stop those immigrants (whether "refugees" using the new meaning of the word) who cannot work or speak English or have more than one wife, etc., and pay their way.
Don´t worry - RINOs in the Senate are keeping the extra 1.9% from our income over $250k for Medicare. Oh - they are using this money and 3.8% investment income tax to pay off Senators to vote for Trumpcare´s non-repeal of Obamacare.
Good job guys - you´ve got the House, the Senate and now the White House; next up is a Continuing Resolution to fund the $400 Billion a month Federal Government - vs Trump´s budget.
And you expect me to vote for yall big-time next November???
Trump needs to call out RINOs that he wants to defeat next year, so we can start culling the spineless ones - like McConnell & Ryan...
I started SS in 1968 when I took my first civilian job as an order picker in an industrial warehouse supply. I remember not knowing a thing about that deduction. But, I also remember way back then the political harping going on about how it had to be fixed! That is was not sustainable. That something had to be done. Well, here we are, 49 years later...same old problem. Politicians truly are worthless, aren´t they?
I´d be happy to call us even if they´ll just send me a check for the amount they stole from me at gunpoint over the years for SS and mediscam. I can get a much better return on that money than they ever have.
I really don´t like fascist/socialist/communist directives from my government telling me I have to buy this or I must pay that - too bad there are so many helpless morons that think it is just great.
When my grandfather was on SS, in the 60s, there were 15 workers paying into the system to fund his checks. Now that I am on SS, there are two or three workers, last I heard, paying in for my check.
They are running out of other people´s money. Thank goodness I planned my retirement to where SS is helpful, but I can survive if it is cut off - this is because, from a teenager, I never trusted SS to be there for me. It was apparent at the time that it was an unstable Ponzi scheme, and nothing has improved in the 50 years since.
And for anyone still believing the "trust fund" story, it is a pile of IOUs, redeemable by increasing taxes or reducing spending at some future time to divert that revenue to pay back what was spent decades ago. Essentially a fraud, but a very legally laid out one. Does anyone believe that there will be more revenue or lower spending to pay these back? Me neither.
The government is lying. Its broke now. They rob Peter to pay Paul every quarter. Each of us can look at just the large number of cars with disabled tags for parking in our small towns. A good number of them are all on disability. I know two new Boeing retirees with fabulous pensions. Both are 51 and both say they get SS disability checks. How does that work?
Let´s start removing the people who are not entitled to a dime.....people who lift 400 pounds in gyms, don´t work because of some ´illness´ but are able to collect. How about ´aunt´ Zesumi or whatever the Obamination´s aunt was called and the forever drunk ´uncle´ stopping them from collecting? How about Mouchelle´s mother who suddenly gets $160,000 per year for what??? Let´s remove all the ´disabled´ who weigh several hundred pounds, are able to lift up a fork and pick up a check.....On and on.....let´s clean all that trash out and you will see SS and Medicare will suddenly be in much better shape!
Obola giving it to everybody entering the country and calling it an "entitlement" didn´t help. How many times did he take from Medicare to fund Zippycare? How many illegals in this country get paid in cash and neither them, or their employer, are paying into the system?
Nuclear Threat: President Trump has imposed a new bunch of economic sanctions on Iran for its misbehavior, including continuing its military nuclear program and its ongoing acts to destabilize and dominate the Mideast. Good move. We hope it´s a first step toward withdrawing from a bad nuclear deal and undoing the damage that President Obama did by lifting sanctions on Tehran. According to the U.S. Treasury Department, 16 entities and individuals have been sanctioned for aiding "illicit Iranian actors or transnational criminal activity." "The United States remains deeply concerned about Iran´s malign activities across the Middle East which undermine regional stability, security
Once the GOP gets tired of the circular firing squad over its failure to pass an ObamaCare repeal-and-replace bill, it might want to take a look at how Hillary Clinton handled a similarly embarrassing health care disaster during her husband´s presidency. Despite the fact that Democrats controlled both houses of Congress and the White House in 1993, Clinton couldn´t even get her "Health Security Act" to the floor of the Senate. The main reason for her failure — aside from her political ineptitude — was a series of "Harry and Louise" ads put out by the insurance industry. In one of them,
Budget: The House Budget Committee´s new budget proposal makes a game and laudable attempt at bending down the spending curve and moving the U.S. toward a fairer, simpler tax system. But it already has rival plans within the GOP itself. The 10-year budget, which sketches out spending and taxing priorities from 2018 to 2027, makes a game effort at reducing spending, shrinking the welfare state, cutting regulation and restoring sanity to our tax code. It´s already being savaged by the media for its "draconian" cuts, which is a good sign. "The status quo is unsustainable," said GOP Rep. Diane Black, chair of
Health Reform: There were lots of celebrations on the left side of the aisle after the Senate GOP bill to repeal and replace ObamaCare died. The good times will be short lived, because one way or another ObamaCare is going away, and it´s not at all clear that Democrats will gain additional leverage over what comes next by waiting for its collapse. It was amusing to hear Senate Minority Leader Chuck Schumer say, after the Senate bill failed, that Republicans should "work with Democrats on a bill that lowers premiums, provides long-term stability to the markets and improves our health care
Is Joe Biden looking for attention? Is he still in the game of angling for invitations and seeming like a power player and somehow staying relevant? Or did someone call in a favor, asking him to help preserve the Obama legacy of Obamacare in exchange for something done earlier? Or is he just batty enough to think he could run for public office again? Regardless of motive, he´s written a mess of phony claims, straw men, red herrings and projections in his jawbone bid to save Obamacare. The Washington Post has accommodated him: As vice president, I met with Americans all across
Numbers Game: The Senate Republican effort to repeal ObamaCare has faltered, making it the latest victim of a seriously flawed report saying it would have cost 22 million people their health insurance. The Congressional Budget Office, which has become the official scorekeeper of the impact of health reform despite its miserable track record, said that the Senate repeal-and-replace bill would leave 22 million more people uninsured by 2027 than if ObamaCare remained in place. Before that, it said the much different House repeal-and-replace bill would leave 23 million more without insurance. Heck, the CBO said that simply repealing ObamaCare without
as vice president, I met with Americans all across our country. What they told me over and over is that the Affordable Care Act gave them peace of mind — that if they got sick, or if their child got sick, they could get care and not have to worry about going broke as a result. They no longer had to lay awake at night wondering: Can I pay for this treatment? What happens if she gets cancer? How will I feed my family and afford the care? They told me that because when the ACA became law and health-care coverage
WASHINGTON — President Trump said on Wednesday that he never would have appointed Attorney General Jeff Sessions had he known Mr. Sessions would recuse himself from overseeing the Russia investigation that has dogged his presidency, calling the decision “very unfair to the president.” In a remarkable public break with one of his earliest political supporters, Mr. Trump complained that Mr. Sessions’s decision ultimately led to the appointment of a special counsel that should not have happened. “Sessions should have never recused himself, and if he was going to recuse himself, he should have told me before he took the job and
The Minnesota cop who shot and killed an Australian bride-to-be opened fire on her after being startled by a “loud sound” near his patrol car, investigators say. Officer Mohamed Noor, 31, began blasting at 40-year-old Justine Damond, of Minneapolis, just moments after he and his partner, Matthew Harrity, heard the noise in the alley behind her house, according to the state Bureau of Criminal Apprehension. The agency provided an update Tuesday on their investigation into the Saturday night shooting. Officers Noor and Harrity had been called to Damond’s home after she called 911 to report a possible sexual assault happening
Heading to church one evening in late March, a farmworker and her sister were stopped for speeding in the village of Geneseo, N.Y. They were driving with their five children in the back of the minivan. Two were not in car seats, as required. The police officer, trying to cite the driver for the infractions, discovered she had no driver’s license, so he called Border Patrol to review her Guatemalan passport. Both sisters were undocumented immigrants. They were detained and are facing deportation. Under a Trump administration that has taken an aggressive stance on illegal immigration, the moving car has
The Humiliation Of Jeff Sessions- There is something more than a little jarring in the ongoing humiliation of Attorney General Jeff Sessions. In an ill-timed, ill-focused interview with the NYT, President Trump revisited his disdain for Sessions, his first, most-ardent and most-loyal supporter in the Senate. When supporting Trump was still considered career suicide, Sessions donned the red cap anyway. Maybe it will prove fatal for Sessions’ career, after all. The president has not made a secret of the fact that he blames Sessions for the scandal that now engulfs the Trump administration, claiming in
President Trump sat down with Russian President Vladimir Putin for a second discussion at the G-20 summit in Germany this month — a talk the White House never disclosed, according to reports. The talk came hours after their two-hour bilateral meeting on July 7, towards the end of a “couples-only social dinner” at the summit, National Security Council spokesman Michael Anton told CNN. Trump and Putin conversed in the room where the dinner was being held. “No staff or Cabinet were at the dinner at all, for any of the countries,” Anton said, adding that translators were present. The White
Sen. John McCain (R-Ariz.) has been diagnosed with brain cancer, the Mayo Clinic Hospital in Phoenix said Wednesday. The tumor was discovered after the senior Arizona senator underwent a minor procedure last week to remove a blood clot from above his left eye. "Subsequent tissue pathology revealed that a primary brain tumor known as a glioblastoma was associated with the blood clot," the hospital said in a statement. “The Senator and his family are reviewing further treatment options with his Mayo Clinic care team. Treatment options may include a combination of chemotherapy and radiation."
The U.S. special counsel investigating possible ties between the Donald Trump campaign and Russia in last year’s election is examining a broad range of transactions involving Trump’s businesses as well as those of his associates, according to a person familiar with the probe. The president told the New York Times on Wednesday that any digging into matters beyond Russia would be out of bounds. Trump’s businesses have involved Russians for years, making the boundaries fuzzy so Special Counsel Robert Mueller appears to be taking a wide-angle approach to his two-month-old probe. FBI investigators and others are looking at Russian purchases of apartments