Matt Markie
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Social Security isn't an investment vehicle, as the GOP would have it.
Social Security is an insurance policy, I paid into for over 40 years.
01:55 PM - Feb 04, 2023
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FellaDK ?Burn Bright?
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In response to Matt Markie.
More accurately it’s a wealth transfer system from working people to the old and disabled
01:57 PM - Feb 04, 2023
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Matt Markie
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In response to FellaDK ?Burn Bright?.
Congress owes the Social Security fund an estimated $2.9 trillion, but at it's core... the SS trust fund would last 10 more years (2040?). Keep hands off and add new options.
03:29 PM - Feb 04, 2023
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Matt Markie
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Modify Social Security to use an alternative price index for calculating the COLA
- Increase (or eliminate) the payroll tax cap
- Increase the payroll tax rate
- Add newly hired gov't state and locally workers to SSA
In response to Matt Markie.
03:29 PM - Feb 04, 2023
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Matt Markie
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In response to Matt Markie.
Increase Social Security’s full benefits age by about one month every two years; if it started in 2023, the retirement age would increase from 67 to 68 by about 2047. These small increases could save up to 18% of the funding gap
03:30 PM - Feb 04, 2023
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