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Honored Social Butterfly

NEW REPUBLICAN CUTS TO MEDICARE & SOCIAL SECURITY

https://www.msn.com/en-us/news/politics/house-gop-plan-would-cut-medicare-medicaid-to-balance-budget...

 

IF you dont want cuts to your Medicare and Social Security - " Vote Democrat in November " or you shall feel the pain. The Wealthy enjoy their Republican Tax Cuts while  our Struggling Senior's and Disabled are going to be asked to do with less !!!

When does the Greed at the top stop ?

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Newbie

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Newbie

The Republicans think they are playing Robin Hood. Take from the working or in my case retired stiffs so we can give to the wealthy. 

 

This has been the plan for at least 35 years:

1) Reduce taxes (especially on the wealthy and business)

2) increase spending

3) complain about debts an deficits

4) cut "entitlement" programs

5) return to step 1

 

https://www.cnbc.com/2018/08/20/gop-rep-steve-stivers-urges-medicare-social-security-reform.html

Honored Social Butterfly

What cuts to Medicare?

The budget proposal gives ONLY another optional private coverage CHOICE to seniors of how they get their coverage - everything else remains the same.  

 

The only change to Social Security is to prevent those who are drawing their Old Age benefit and still working will not qualify for unemployment benefits.  

Do you not think that employers think about this in the back of their mind when an elderly person is applying for a job?

Plus if less than FRA, the SS benefit is reduced by other income, counting unemployment benefits.

Many states already reduce any unemployment benefit if the receipient is already drawing Social Security old age benefit.

Taxation, state and / or federal, overall or just on their Social Security benefit, can also affect them adversely.

 

To me, it seems like drawing an old age Social Security insurance benefit and Unemployment insurance benefit at the same time is an oxymoron.

 

Which came 1st the chicken or the egg - filing early for an old age benefit is not a decision to be taken lightly because it will continue to reduce the benefit for the rest of a person's life and after is there is a widow benefit paid.  

 

If a person of Social Security old age, early or not, is laid off and begins drawing an unemployment insurance benefit, if they apply and receive their Social Security  old age benefit - the unemployment should be stopped.

Super Contributor

No their unemployment has nothing to do with getting social security.  They paid for that too in payroll taxes and should receive it when qualified to do so

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Newbie

not exactly true.  You can collect BOTH social security disability and unemployment at the same time.  

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Newbie

The current Republican proposal is to cut off Social Security Disability if the person is also getting Unemployment Insurance payments which we all know is usually temporary and paid at the state level.  It is expected to save $4 billion.  I've found this information before but this is the only article I found quickly.

 

https://www.ncpssm.org/documents/social-security-policy-papers/anticipated-congressional-proposals-c...

Newbie

this National Committee to Preserve Social Security & Medicare update and summary of the lethal impact on seniors of GOP 2019 budget proposal gutting Medicare & Social Security is more recent https://www.ncpssm.org/documents/social-security-policy-papers/house-fiscal-year-2019-budget-effect-... 

 

 

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Honored Social Butterfly


@s804940b wrote:

No their unemployment has nothing to do with getting social security.  They paid for that too in payroll taxes and should receive it when qualified to do so


An employee has NOTHING withheld from their pay for unemployment taxes - neither at the state or federal level - the EMPLOYER pays ALL Unemployment taxes for their employees with the amount of the tax assessed based on the wages of the employee.  But the employer pays it all; nothing is deducted from the employee check for unemployment taxes.

 

Employer Liability for Unemployment Taxes

 

Let's say a person applies for their Old Age Social Security benefit and begins to draw it.  Then they decide to go back to work while still drawing their Old Age SS benefit at the same time.  Subsequently they are layed off for some reason - they just go back to being retired and may not even look for another job - so are they really unemployed?

 

It is my understanding that if they become unemployed 1st , begin to get their Unemployment benefit and then they file for their Old Age SS benefit - and receive it, their unemployment stops.

 

 

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Super Contributor

I stand corrected.  You are right about that.  I have never been an employer and have only been self employed, so it was different for me Gail.

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Periodic Contributor

Oh goodness!  Those of us collecting such benefits will not be effected.  Rather, the government is trying to save these benefits by restructuring the programs for people who are younger,  I might suggest that being instructed by some to vote for the Democrats is not the best idea, for many reasons.

 

Will

Honored Social Butterfly


@mandm84 wrote:

https://www.msn.com/en-us/news/politics/house-gop-plan-would-cut-medicare-medicaid-to-balance-budget...

 

IF you dont want cuts to your Medicare and Social Security - " Vote Democrat in November " or you shall feel the pain. The Wealthy enjoy their Republican Tax Cuts while  our Struggling Senior's and Disabled are going to be asked to do with less !!!

When does the Greed at the top stop ?


Neither Trump or Republicans will cut Medicare or SS. Medicaid is a maybe since it is not paid for. Don't believe anything you read in the Washington Post!

Newbie

Medicare is not paid for.  Are you NUTS?  The tax cuts were not paid for.    Are you going to continue to believe their lies.  Image may contain: 3 people, text

Newbie

You need to stop drinking the kool aid FOX, Infowars and Breitbart are feeding you about the “liberal media” so they can cover up what is really going on.

 

This is from Forbes. This is a conservative financial magazine. Do your homework before you discount anything. Wake up!

 

https://www.forbes.com/sites/johnwasik/2018/02/13/why-gop-is-slashing-medicare/#6f070652548f

Newbie

The deficit will hit nearly $1 trillion in FY2019.  The reason is the spiraling growth of programs like Mediciad and all health services including but not limited to Medicare. Even if all the bad tax cuts were magically rolled back you would still end up with a huge deficit.  Why?  Because spending is out of control.  And any time someone has the temerity to mention that to reign in spending, they are villified in the media and by their political opposition.  Never mind that our continued failure to address this situation has yielded a $360+ billion interest charge (which is greater than the total cost of Welfare Programs) and only continuing to rise as interest rates rise to historic norms. The CBO even projected during Obama's Presidency that the deficit would return to trillion dollar levels.  So this should not shock anybody. What would be shocking is people would wake up and realize that this is not a partisian issue but an American issue.

Newbie
Super Contributor

I don't believe that any of the programs that take care of people are the reason this country is in trouble with money Norman. It has been wasted on too many other things like huge tax cuts for the rich.  If they paid their fair share, we would not have any problems with deficits or Medicare, Medicaid, Social Security, Veteran's benefits to name a few.

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