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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: steve harris who wrote (988482)12/17/2016 2:39:43 PM
From: koan  Respond to of 1581782
 
thinkprogress.org

A higher cap?—?or eliminating the cap entirely?—?would make Social Security fiscally secure until nearly the end of this century and ensure that the system can provide the same modest, vital support to retirees’ dignity that it does today.

Republicans would rather destroy the program entirely. A new GOP plan would throw the system in a blender, pour the resulting mush onto the countertop, and declare victory.

“It definitely doesn’t hold anyone harmless. People over 55, their benefits are getting cut too. The reality is that it is a massive cut to basically everybody, especially the middle class,” Social Security Works’ Alex Lawson told ThinkProgress. “This will push millions of older people into poverty.”