“It will be my objective to phase out Social Security." - Sen. Mike Lee says the quiet part out loud.



"to pull it up by the roots and get rid of it".

Well, that's plain enough for me! What do you think?

Lee may have one powerful ally :omg:
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"Senator Mike Lee wrote out a blueprint for dismantling Social Security on X Monday night that Elon Musk amplified, hinting at disturbing GOP plans for the program."

Elon Musk’s Real Plan Is Starting to Appear
 
Lee may have one powerful ally :omg:
0dee663c425c6d9a940acbadc3aeada99990f609.jpeg

"Senator Mike Lee wrote out a blueprint for dismantling Social Security on X Monday night that Elon Musk amplified, hinting at disturbing GOP plans for the program."

Elon Musk’s Real Plan Is Starting to Appear
When president-elect Musk speaks, Charles Schwab listens. The problem is the real president-elect. He won't touch Social Security, and has clearly said so.
 
According to the May 2024 trustees' report, the Social Security Administration will deplete its reserves in 2035. Without congressional action, the fund will then only be able to pay out 83% of full benefits.
According to the Social Security Administration's (SSA) 2024 annual trustees report, Social Security will be able to pay full benefits for 11 more years. However, without congressional action, the program's trust fund reserves are projected to run out in 2035, and retirees would only receive 83% of their full benefits.
So how does that equal “all borrowed money”?

It doesn’t
 
Lesh 11 years to fix the system or it will collapse... the days of dems using social security for an election tool are over... it has to be fixed or replaced... if you were smart you would thank the republican's...
 
That isn’t “failed”, it means the problems need to be addressed.
11 years Coyote.... it has to be fixed or replaced... if you were wise you would thank the republicans for exposing this... do you have any idea how fast 11 years will pass?...
 
Hah, in 25 years repugs might have “concepts of a plan” for replacing SS.
They want to privatize it. So when Wall street crashes next time, the elderly will be forced to hunt and eat the younger people.
 
Hah, in 25 years repugs might have “concepts of a plan” for replacing SS.
11 years till its broken and broke and reduced payments will have to be sent out... so do you want to play the blame game or find a fix for it?.... who is this Nancy Pelosi?.... stop using SS as a political weapon and work together to fix it....
 
You can say eliminate it, but they won't. The two major parties are addicts. They love to spend. They love to suck up to voters. If you get a guy who wants to stop the addiction, then he gets mocked, vilified, and everything else.
 
Two Key words... phase out...
social security really does not give people enough to live on as it is... so if it goes away in 25 years and is replaced with a better plan that would be a good thing...
Galveston County, Tx opted out of SS before it was made illegal. They set up a replacement system and retirees get about 3X monthly what they would under SS. Also, they have hundreds of thousands they can leave to their kids.

SS is a Ponzi scheme and is going broke.
 
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