What Cuts In Social Security or Medicare Would You Make?

Discussion in 'Healthcare/Insurance/Govt Healthcare' started by Madeline, Dec 1, 2010.

  1. Madeline
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    Madeline BANNED

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    Social Security cuts are part of deficit plan | cleveland.com

    I am not a huge fan of increasing the retirement age under Social Security. I would rather tax all income for Social Security purposes (at present, we do not tax income above a certain level, more or less $108,000.) I would also be more interested in eliminating Social Security benefits for wealthier taxpayers than in increasing the retirement age.

    What say you?
     
  2. The Infidel
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    The Infidel EVIL CONSERVATIVE

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    Raise the age of retirement, and cut SSI for those over a certain income level.

    But then that raises another issue.... why should wealthy people pay into a system they dont use?

    I think SSI should be eliminated all together IMO, or at least be able to opt out.

    Let me take MY money and invest it how I want to... I think I can do a better job than they do.
     
  3. RetiredGySgt
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    RetiredGySgt Platinum Member

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    The Government can not tax people for a benefit and then deny that benefit to them when they qualify.

    The easiest way to save Social Security is for the Fed to pay back all the IOU's, to cease using the tax money each year as General funds and to invest it for those that will need it. Raising the age limit is a reasonable solution if it is medically correct that the person can still work and that laws prevent companies from firing people for being a certain age.
     
  4. Gadawg73
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    Gadawg73 Gold Member

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    Uh, how do we pay back IOUs with NO $$.
    We are broke. In 1960 the US government, not the FED wrote those IOUs.
    And you and I and everyone stood around and SAID NOTHING for 50 years.
    The government is broke so how do you plan on paying those benefits with:
    NO MONEY.
    The government damn well better start denying benefits to some people as changes and extensions only.
    Guess what the avg. age was when this thing started? 60
    Guess when they could draw it when it started? 62.
    Do the math.Social security was never intended to be a retirement program benefit.
    It was an insurance benefit IF you lived past the average.
    Raise the age to 70 for those under 40, 67 for those under 50 and 65 for everyone else.
    Means test for Medicare. You do know that the premiums and $$ you are paying in may cover 5% of your Medicare bill don't you.
    The party is over. Did you have fun? I sure did but now we MUST do this for the kids and grandkids.
    No cry babies. Suck in that gut and get to work.
    We are running 40% of the entire budget as deficits.
    And social security and Medicare comprise FIFTY % of the damn budget.
     
  5. Greenbeard
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    Greenbeard Gold Member

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    Reinhardt nailed it the other day.


     
  6. Revere
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    Revere BANNED

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    20% across the board. Everything. Or watch it all crash.
     
  7. Gadawg73
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    Gadawg73 Gold Member

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    Like I said, his ass is GONE.
    Wannahbe conservatives. Want to tell others how to run their life and worry about gay marriage all the while claiming to be "conservative".
    They want their damn $$ and to hell with their kids that have to pay for it, the $$ that was borrowed to pay for it, the interest paid to borrow the $$ all as they watched the programs fail. And left them nothing.
    This generation is the stingiest and greediest generation ever.
    Dumb asses.
    Makes me want to puke.
     
  8. uscitizen
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    uscitizen Senior Member

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    Remove the upper withholding limit.
    Cut off benefits for those making over 75k, and forbid the government from spending the surplus.
     
  9. Gadawg73
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    Gadawg73 Gold Member

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    I would go to seniors with incomes over 100K they get a decreased %, 150K a little less and so on.
    We now have Medicare paying benefits COVERED by a pension plan of a senior.
    That is just crazy.
     
  10. Madeline
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    Madeline BANNED

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    I'm surprised there is so much willingness to feel the pain.....but it is necessary. All good ideas, folks.
     

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