It's in the news every year at tax time - Social Security needs reform or it will run out of money in 13 years. Ignored is the projection that FICA taxes would continue to fund 79% of benefits even if the current $3 trillion trust fund was depleted. Most tragic projections come from folks like … Continue reading Save Social Security with an easy change!
Tag: Social Security
Medicare seniors to pay billions in extra premiums next year just in case Biogen’s $56,000-a-year memory drug is allowed
The average senior on Medicare will see their premiums jump double digits next year to $170.10 per person, per month, an annual increase of $21.60 monthly from $148.50 this year. If you are a married couple older than 65, your health insurance premiums in 2022 will be a minimum of $4,082. If you purchase private … Continue reading Medicare seniors to pay billions in extra premiums next year just in case Biogen’s $56,000-a-year memory drug is allowed
Tax Time: that 401K / IRA may end up costing you more than just investing for Capital Gains
Some readers, who are old enough to remember defined pension plans weren't just for unionized workers, may still think they are better off with IRAs and 401Ks, originally sold as tax-free until you retire. Advice from employers promised the new plan was better than a pension. You could put away as much as the equivalent … Continue reading Tax Time: that 401K / IRA may end up costing you more than just investing for Capital Gains
Biden – bowing down to Wall Street – ignores E-Verify protection for our American workers
Employers who hire illegal workers, on or off the books, oppose E-Verify. So does President Joe Biden, who excluded mandatory E-Verify from his amnesty plan presented to Congress on Thursday, last week. Some advocates of workers' rights thought he might instead strengthen the law. Even the laxest mandatory E-Verify provision - which would completely exempt … Continue reading Biden – bowing down to Wall Street – ignores E-Verify protection for our American workers
Biden to promote Bernie Sanders’ worst political enemy to control O.M.B., where he needs her approval for all spending initiatives
Biden-Harris ran on the most progressive economic and racial justice platform of any general election nominee ever. Now, isn't the time to hand over the keys to corporate lobbyists.- Sen. Elizabeth Warren The appointment of a longtime anti-Sanders troll to the Biden government is an impressively petty end zone dance by Democrats celebrating the crushing … Continue reading Biden to promote Bernie Sanders’ worst political enemy to control O.M.B., where he needs her approval for all spending initiatives
Trump may lose election by not explaining his complete plan for “reforming” Social Security
Now I know there are some Republicans who would be just fine with allowing these programs to wither and die on the vine. The way they see it, Social Security and Medicare are wasteful "entitlement programs." But people who think this way need to rethink their position. It's not unreasonable for people who paid into … Continue reading Trump may lose election by not explaining his complete plan for “reforming” Social Security
“TRUST” Act can end Social Security as we know it – fast track rules for approval – only two hours debate!
American politics' number one weasel and 2012 Bilderberg attendee, Willard "Mitt" Romney (R-Utah), is pushing Congress to appoint special commissions to "reform" (cut) Social Security and Medicare under the guise of Homeland Security. The bill's title is a perfect misnomer: Time to Rescue United States Trusts Act (TRUST). The "security" farce is that public health … Continue reading “TRUST” Act can end Social Security as we know it – fast track rules for approval – only two hours debate!
Tulsi Gabbard is the co-sponsor of a terrific Social Security bill also endorsed by Mark Meadows – Trump’s new Chief of Staff
Talk about strange bill-fellows! HR 860 (Social Security 2100 Act) has gained the endorsement of former Republican Congressman Mark Meadows. A founder of the House Freedom Caucus in 2015, Meadows was just named White House Chief of Staff by President Donald Trump. This same House bill to modernize Social Security is co-sponsored by Democrat Congresswoman … Continue reading Tulsi Gabbard is the co-sponsor of a terrific Social Security bill also endorsed by Mark Meadows – Trump’s new Chief of Staff