Social Security’s looming insolvency sparks alarm in Congress

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Washington - Speaker Mike Johnson's (R-La.) call for Republicans to act on Social Security reform if they keep control of Congress in 2027 is getting pushback from Senate Republicans who warn it's a bad political message heading into November.

Yet, a trustees' report that the popular retirement program will become insolvent by 2032.

Sen. Ron Johnson (R-Wis.) said, "We have a slim majority in the House right now and only have a 0.000001% chance of retaining that majority in November. Why do we want to risk that 0.00001% chance of retaining the House by actually doing our jobs? This is madness!"

"All this talk about the government being broke is just nonsense!", screamed Elizabeth Warren. "Just because we have a $40 trillion dollar debt does not mean we are broke. All we need is to find 40 Elon Musk's and pass a tax to take all their wealth and make them slaves to work the fields is all. Besides, it's not like we have money for other things we buy, so what the hell? It's only inflation."

No word yet on whether anyone had suggested keeping taxes taken for social security in social security instead of those in Congress stealing any time they pleased, so it would never go bankrupt. But then again, taxes those in Congress take to "fund" Somali daycare "Learing Centers" and Fraudulent Medicaid programs and fraudulent high rail systems only go so far in Washington.
 
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What a joke. We, being a very stupid country, act totally surprised at this every few years. Yet the problem is solved by basic arithmetic that can be done on a cell phone calculator. Goddamn we are dumb.
 
What a joke. We, being a very stupid country, act totally surprised at this every few years. Yet the problem is solved by basic arithmetic that can be done on a cell phone calculator. Goddamn we are dumb.
You certainly are.
 
What a joke. We, being a very stupid country, act totally surprised at this every few years. Yet the problem is solved by basic arithmetic that can be done on a cell phone calculator. Goddamn we are dumb.
Not enough "Learing Centers" out there.
 
Not enough "Learing Centers" out there.
Doesn't even dent the problem.

We know the fix for the problem. But we are a.country of starfuckers that worships rich people. So we put on this little surpirsed act every few years, and then the bigots find a way to blame some brown people.

Remind you of anything?
 
Doesn't even dent the problem.

We know the fix for the problem. But we are a.country of starfuckers that worships rich people. So we put on this little surpirsed act every few years, and then the bigots find a way to blame some brown people.

Remind you of anything?
The money would be there is both parties did not steal from the fund.


Try again.

But by all means feel free to continue the partisan idiocy we have all come to know and love.

Aren't ponzi schemes great!!
 
The money would be there is both parties did not steal from the fund.


Try again.

But by all means feel free to continue the partisan idiocy we have all come to know and love.

Aren't ponzi schemes great!!
Is this satire, or are you just that ignorant about SS? Pardon me, but sometimes it is hard to tell.
 
More political masturbation.

They know as well as everybody else the odds of them retaining control after November is none, to impossible.
This is an uber ghey, virtue signal on their part.
All politicians should be fed the Volcano God.
 
Is this satire, or are you just that ignorant about SS? Pardon me, but sometimes it is hard to tell.

With the establishment of the Trust Fund, Social Security began running surpluses. By law, these surpluses could not sit idle but had to be invested in special-issue U.S. Treasury securities—essentially IOUs from the federal government. This allowed the government to borrow from Social Security to finance other programs and operations, just as it does from the public by issuing Treasury bonds.

In other words, they stole it. Had they left it where it was supposed to be this would not be an issue.

Big pots of other peoples money is what politicians love the most about their jobs.

Where it all goes? Who the hell knows?
 
The money would be there is both parties did not steal from the fund.
Nobody is stealing from the fund.

The problem is that we don't fund it.


Because we are a country of sissy bootlickers who bought into a trickle down lie 45 years ago. And we can't admit when we are wrong.
 

With the establishment of the Trust Fund, Social Security began running surpluses. By law, these surpluses could not sit idle but had to be invested in special-issue U.S. Treasury securities—essentially IOUs from the federal government. This allowed the government to borrow from Social Security to finance other programs and operations, just as it does from the public by issuing Treasury bonds.

In other words, they stole it. Had they left it where it was supposed to be this would not be an issue.


Big pots of other peoples money is what politicians love the most about their jobs.

Where it all goes? Who the hell knows?
Why are you telling everyone your IQ is in the room temperature range? Do you think there was once an account somewhere in the Treasury where this money sits and draws no interest while we wait for people to get old?
 
Why are you telling everyone your IQ is in the room temperature range? Do you think there was once an account somewhere in the Treasury where this money sits and draws no interest while we wait for people to get old?
There would be more than enough money in there had they done just that.

Read this again.

With the establishment of the Trust Fund, Social Security began running surpluses. By law, these surpluses could not sit idle but had to be invested in special-issue U.S. Treasury securities—essentially IOUs from the federal government. This allowed the government to borrow from Social Security to finance other programs and operations, just as it does from the public by issuing Treasury bonds.
 
There would be more than enough money in there had they done just that.

Read this again.

With the establishment of the Trust Fund, Social Security began running surpluses. By law, these surpluses could not sit idle but had to be invested in special-issue U.S. Treasury securities—essentially IOUs from the federal government. This allowed the government to borrow from Social Security to finance other programs and operations, just as it does from the public by issuing Treasury bonds.
What is your point? Proving yourself wrong is not a flex!
 
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Washington - Speaker Mike Johnson's (R-La.) call for Republicans to act on Social Security reform if they keep control of Congress in 2027 is getting pushback from Senate Republicans who warn it's a bad political message heading into November.

Yet, a trustees' report that the popular retirement program will become insolvent by 2032.

Sen. Ron Johnson (R-Wis.) said, "We have a slim majority in the House right now and only have a 0.000001% chance of retaining that majority in November. Why do we want to risk that 0.00001% chance of retaining the House by actually doing our jobs? This is madness!"

"All this talk about the government being broke is just nonsense!", screamed Elizabeth Warren. "Just because we have a $40 trillion dollar debt does not mean we are broke. All we need is to find 40 Elon Musk's and pass a tax to take all their wealth and make them slaves to work the fields is all. Besides, it's not like we have money for other things we buy, so what the hell? It's only inflation."

No word yet on whether anyone had suggested keeping taxes taken for social security in social security instead of those in Congress stealing any time they pleased, so it would never go bankrupt. But then again, taxes those in Congress take to "fund" Somali daycare "Learing Centers" and Fraudulent Medicaid programs and fraudulent high rail systems only go so far in Washington.

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