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hfojvt

(37,573 posts)

19. actually, to my astonished amusement, it does

Reply to timdog44 (Reply #15)

Sat Apr 6, 2013, 04:25 PM

Apr 2013

I used $1,300 for a random example of a cut, but the chained CPI from 2000 to 2012 was 130. Which would make $1,000 grow to $1,300. At least according to this source http://research.stlouisfed.org/fred2/series/SUUR0000SA0

As for the other details, I don't know. I read on DU that Obama's proposal raises the minimum benefit, but social security tells me there is no minimum benefit. I think my dad gets $60 a month and my mom gets $30 a month. http://ssa-custhelp.ssa.gov/app/answers/detail/a_id/254/~/minimum-social-security-retirement-amount

I know Obama's Catfood Commission proposed changing bends points in a way that would increase benefits for those at the bottom and cut benefits for those at the top, but I don't know if that is part of this proposal.

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28 replies

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Highlight:

Digby (Remember Her?) ....."Ok, So What Do We Do Now?" [View all] KoKo Apr 2013 OP

yep dembotoz Apr 2013 #1

Yes , the people must not give up riverbendviewgal Apr 2013 #2

K&R nt redqueen Apr 2013 #3

DURec! bvar22 Apr 2013 #4

I think the President is doing this because it's the only bait left that might get Rs to the table. winter is coming Apr 2013 #5

We've known for-fucking-ever that they don't play nice. WorseBeforeBetter Apr 2013 #11

The Serious People seem to be conveniently ignorant. n/t winter is coming Apr 2013 #20

It pays too well not to be. WorseBeforeBetter Apr 2013 #23

K & R !!! WillyT Apr 2013 #6

but we can't tell people to STFU on DU --- against the rules, isn't it? Nt antigop Apr 2013 #7

I need someone to explain timdog44 Apr 2013 #8

Here's an explanation with video Capt.Rocky300 Apr 2013 #9

Thanks for video. timdog44 Apr 2013 #12

The point is this. zeemike Apr 2013 #10

And thank you for the response and example timdog44 Apr 2013 #13

well I decided to look at the last decade hfojvt Apr 2013 #14

So, from you say, timdog44 Apr 2013 #15

actually, to my astonished amusement, it does hfojvt Apr 2013 #19

I guess I had to know timdog44 Apr 2013 #21

they want to cut approx $660/yr if you're 65. at 85 you lose $1,147 a year (it's huge) nashville_brook Apr 2013 #17

Well I have been educated, and thanks to all. timdog44 Apr 2013 #18

Short answer: Obama believes in it duffyduff Apr 2013 #22

It breaks my heart timdog44 Apr 2013 #24

I know how you feel...The thing to remember is this: almost anyone can put a "d" after their name whathehell Apr 2013 #26

I am from just south of Joliet. timdog44 Apr 2013 #27

Hey timdog44 whathehell Apr 2013 #28

big f'n k 'n r nashville_brook Apr 2013 #16

K&R forestpath Apr 2013 #25