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?
For a century now, American law has recognized the freedom of the parties to a contract to agree to submit disputes to arbitration. Arbitration allows experts chosen by the parties to consider and rule on the issues, much more quickly and at much lower costs. The American Arbitration Association was established nearly a century ago in 1926 to provide such arbitration services, under well-established rules of due process. Today, more disputes are settled through such private dispute resolution services than through all the federal and state courts combined. But progressives are certain they know better. Earlier this month, the Consumer Financial Protection Bureau
Scandal: When federal officials arrested Rep. Debbie Wasserman Schultz´s IT aide, Imran Awan, as he tried to flee for his native Pakistan, it was the latest twist to an already twisted scandal involving several House IT workers who possibly stole highly sensitive information from several Democrats. Stranger still has been the Democrats´ nonresponse to this unfolding scandal. Back in February, the Capitol Hill police opened a criminal investigation into Awan and four other House employees who provided IT services for several Democrats, including those serving on the House intelligence, foreign affairs and homeland security committees. Investigators were looking into whether
Taxes: Many of the ideas that emerge from Washington are stale, unimaginative and unworkable. Not so the latest pitch from a group of conservative congressional Republicans: Eliminate the IRS. This goes beyond some kind of political revenge fantasy. It´s time to consider the damage that the IRS does both to Americans´ freedoms as individuals and to the costs it imposes on the economy as a whole, argue the 151 members of the Republican Study Group, an in-house conservative think tank, in their newest budget proposal. The proposal, an alternative to the House Budget Committee´s official 2018 budget, comes as part of a
Health Reform: For months, ObamaCare defenders have dominated the debate by trotting out people who would supposedly be harmed by the GOP replacement plan. President Trump turned the tables on Monday by highlighting the very real pain ObamaCare is causing millions of middle class families. During his remarks, which came on the eve of a make-or-break Senate vote, in which he challenged the Senate to live up to seven years´ worth of promises to repeal and replace ObamaCare, Trump spent much of his time showcasing victims of ObamaCare. "Democrats promised Melissa Acerson that her son´s pre-existing conditions would be covered," Trump said.
If there´s anyone left in America who still thinks the national newspapers aren´t partisan, they must have missed the front page of USA Today on July 24. The banner headline across the top read, "USA Split on Trump Impeachment." It took a poll attempting to figure out very publicly whether the voters want Trump impeached yet. Reporters Susan Page and Emma Kinery proclaimed a dark omen in the results, which is why the newspaper asked the poll question. They said, "Just six months after his inauguration, Americans already are split down the middle, 42%-42%, over whether President Trump should be removed
Firing Mueller: If recent reports are true, Special Counsel Robert Mueller has veered sharply off course to investigate matters that have nothing to do with Russia´s tampering with our 2016 election. He either has to be reeled in to do the job he was hired to do, or fired. This isn´t supposed to happen under American law, where a person can be given the task of an open investigation on someone with the end-goal of finding something, anything, that he or she has ever done that is illegal. That´s the kind of thing that was routinely done in places like the
conomy: On Sunday, Senate Minority Leader Chuck Schumer promised that Democrats would reveal a "sharp, bold" new economic agenda that would appeal to working Americans. What he delivered on Monday was warmed over cliches and tried-and-failed policies. If this is the best Democrats can offer, they truly are out of ideas. "This is the start of a new vision for the party," Schumer wrote in a New York Times Op-Ed Monday outlining his "Better Deal" economic plan. There was nothing new about it whatsoever. Even the name is unoriginal. For the past 80 years, Democrats have been putting different adjectives in front
Corruption: Amid the trivial fault-finding by the media of President Trump´s every move, it´s important to note that the very same pundits who now rip Trump have completely ignored the growing scandal of Hillary Clinton´s pay-for-play tenure as secretary of state. It´s reasonable to wonder why no charges have yet been filed, yet the media, blinded by their Trump hatred, seem strangely incurious. The legal investigative think tank Judicial Watch recently released 448 pages of documents that it dug up from the U.S. State Department, the fruit of months of Freedom of Information Act requests and document-digging. The documents are damning,
Good Government: This week, the White House announced that the Trump administration had put the brakes on new regulations. A report found that Congress has been the least productive in more than 100 years. And the jobs and incomes picture took a turn for the better. Could these somehow be related? Much as they don´t like taxes and red tape, businesses hate uncertainty more. It makes planning hard and inhibits risk-taking. The problem is that an activist government produces lots of additional uncertainty. President Obama´s endless attempts to goose the economy with Keynesian-style gimmicks (like the worse-than-useless "Cash for Clunkers") while also
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
The moderator lauded Michelle Obama for her achievements over the past eight years and touched on the former first lady’s plans, but Tuesday’s conversation also veered into uncomfortable territory. It was Obama’s largest public appearance since the 2016 election — speaking in front of more than 8,000 people at the Women’s Foundation of Colorado’s 30th anniversary celebration — and she touched on personal attacks that she faced again and again. Many had the same theme. “The shards that cut me the deepest were the ones that intended to cut,” Obama said, according to the Denver Post. “Knowing that after eight
When President Trump made his initial remarks reflecting disappointment in Attorney General Jeff Sessions it was initially unnerving. The subsequent fallout from the public criticism has united the NeverTrump crowd, Cruzbots and professionally GOPe, to defend the honor of the much beloved former Senator. The opportunity to bash Trump is simply an ancillary benefit. Conversely, the MAGA community has largely portrayed the rift as if the Presidential critique was part of a larger strategy between the President and Attorney General. If we wait long enough some mysterious master plan will eventually to be discovered. However, the subsequent POTUS tweets and comments do
Hillary Clinton is to call her new memoir about being beaten by Donald Trump ´What Happened´, her publisher announced Thursday. Her photograph will not feature on the cover - and she will call herself Hillary Rodham Clinton. She ran as Hillary Clinton. The memoir, published by Simon & Schuster promises to deliver the story of her defeat ´now free from the constraints of politics´. It will finally break the pattern of months by containing details of her ´mistakes´ - but firmly blame James Comey and the Russians. One friend of Clinton told The Hill it would be a ´bombshell´. The
At the end of a Senate subcommittee hearing on Tuesday morning, someone sitting near Chairman Susan Collins (R-Maine) didn’t switch off a microphone. Collins was recorded discussing the federal budget and President Trump’s lack of familiarity with the details of governing with a colleague — apparently Sen. Jack Reed (R.I.), the ranking Democrat on the Transportation, Housing and Urban Development, and Related Agencies subcommittee.
A transgender former Navy SEAL has spoken out against President Trump’s ban on transgender military members, saying he is preventing soldiers from doing their service. “Let´s meet face to face and you tell me I´m not worthy,” Kristin Beck, a retired SEAL Team 6 member who has fought in Iraq and Afghanistan, told Business Insider. Beck was awarded the Bronze Star, the Purple Heart and the Meritorious Service Medal during her time in the service, when she kept her gender identity a secret, according to a 2015 profile in GQ. The President said that transgender service in the military causes
Former House IT staffer Imran Awan was arrested Monday night at Dulles International Airport where he was "trying to leave the country," Fox news reported Tuesday evening. Following his arrest for bank fraud, Awan was finally fired by Rep. Debbie Wasserman Schultz, D-Fla. (Snip) Imran and his Pakistani-born brothers, Abid and Jamal Awan, are currently under criminal investigation by U.S. Capitol Police and the FBI on suspicion that they accessed congressional computers without permission and stole equipment. There is also evidence of "financial schemes that extend beyond the Capitol Police’s purview and may expand to Pakistan," according to The Daily
Let’s review a few recent developments. Last week, Sean Spicer, the White House press secretary, resigned. This was part of a “White House shakeup” to get the Trump administration back on track. The new communications director, Anthony Scaramucci, would fix the White House’s “messaging problem.” Within 24 hours of Scaramucci’s appointment, the president returned to Twitter and unloaded another torrent of political bombshells, including talking about his power to pardon, even as his attorneys were denying that Donald Trump was thinking about pardoning anyone.
President Donald Trump’s Wednesday announcement on Twitter that transgender men and women will not be allowed to serve in the military “in any capacity” was not a complete surprise: Last month, Defense Secretary James Mattis announced that the military was hitting the pause button on an Obama-era plan to welcome openly transgender people into the military. But the announcement was a legal land mine. The Trump administration may soon learn that singling out a class of people for exclusion violates the constitutional guarantee of equal protection under the law. And as to those transgender soldiers already serving openly, any effort
President Donald Trump has been attacking his attorney general, Jeff Sessions, daily. There have been brutal attacks on Twitter, in media interviews, and during speeches. Conventional wisdom is that Trump is getting ready to fire Sessions or hoping Sessions resigns. Conventional wisdom also assured everyone that Hillary Clinton would win in a landslide, the only question being by how large a margin. Trump´s complaint is that his attorney general should not have recused himself from the Russia hacking hoax and that he is dragging his feet on long overdue investigations and prosecutions: Deep State leaks; unmasking; DNC and Clinton collusion
President Donald Trump’s dramatic decision to exclude so-called “transgender” people from the military is a direct rejection of the progressives’ revolutionary demand that Americans’ society should be remade to eliminate all civic recognition of the two different-and-complementary male and female sexes. (Tweets) The Wednesday decision was greeted with anger from the left, which had hoped that the military’s 2016 endorsement of the transgender ideology would push the Supreme Court and legislators nationwide to impose and establish the unpopular claim that a person’s changeable choice of “gender” is more legally important than their biological sex. If endorsed by the courts, that
Senator John McCain fired away at Donald Trump´s decision to ban transgender people from military service – and also for announcing a 180 degree turn on a complex issue via Twitter. The Senate Armed Services Committee chairman said in a statement that the military should welcome capable people ´regardless of their gender identity.´ He made the statement hours after his own dramatic return to the Senate for an Obamacare repeal vote, after getting a brain cancer diagnosis. Trump praised the former Vietnam POW for his action, although he went after McCain´s time as a POW during the campaign.
Hillary Clinton, of “I Should’ve Won the White House!” fame, apparently isn’t content to deliver 10- and 20-second talking points from her national podium about the dang Russians who worked with President Donald Trump to give him that presidential title. She’s gotta write a book about it, too. That’s right. Clinton’s new book will reportedly double down on the Russian election interference angle — as well as one that rings in former FBI chief James Comey as a heavy factor in her loss, too. She just wants to get the story out, her friends privately say. “She really believes that’s why she lost, and she wants to explain why in no