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Reply #4: Those are the drivers of the future budget breakers. That is why we are talking about raising el [View All]

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dkf Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jul-12-11 09:43 PM
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4. Those are the drivers of the future budget breakers. That is why we are talking about raising el
Eligibility years from now. Or we could simply cut benefits as the receipts can't pay for the benefits.

If so then anticipate a 25% cut in your social security check In 2036 and a 10% cut in medicare benefits in 2024 increasing to a 25% cut by 2045.

So really this is just an early notice. It could be fixed so that it wouldn't suddenly collapse at those dates but everyone screaming "don't touch my social security/Medicare" will prevent that.

So be it.
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  -Didn't we have Medicare, Medicade, and Social Security the last time we had a balanced budget? chelsea0011  Jul-12-11 07:50 PM   #0 
  - I don't believe we had any wars going at the time either..  Fumesucker   Jul-12-11 07:51 PM   #1 
  - you know you are right now that you mention it. funny how no one ever brings that up  ejpoeta   Jul-12-11 08:10 PM   #2 
  - Elephant in the room  Hydra   Jul-12-11 08:25 PM   #3 
     - how odd that a program that we pay into and get out of is a black hole  ejpoeta   Jul-13-11 06:08 AM   #9 
  - Those are the drivers of the future budget breakers. That is why we are talking about raising el  dkf   Jul-12-11 09:43 PM   #4 
  - Pelosi is right, though, that these programs should be dealt with as separate items  chelsea0011   Jul-13-11 06:01 AM   #8 
     - You really think they will?  dkf   Jul-13-11 09:53 AM   #11 
        - Oh no. Certainly not now.  chelsea0011   Jul-13-11 12:44 PM   #13 
  - There is one other thing that is different  starroute   Jul-12-11 09:48 PM   #5 
  - We now have two Bush wars, and Bush tax cuts for the wealthy.  The Gunslinger   Jul-12-11 09:53 PM   #6 
  - +1  JHB   Jul-13-11 06:10 AM   #10 
  - SS had a surplus then  alc   Jul-12-11 10:07 PM   #7 
  - Of course. To have them in the deficit conversation simply means  mmonk   Jul-13-11 09:57 AM   #12 
 

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