Which party will actually pay for the new Debt, or will Social Security & Medicare go Bankrupt?

[kyzr]

Our grandchildren and great-grandchildren will pay for it, but don’t worry we cant hear their complaints from the grave.

Nope. Medicare will be bankrupt in 2026, so IMHO Medicare is toast.
SS will be able to pay 70% of the promised amounts after 2030, which is an entitlement cut that both parties can dodge responsibility for.

It won’t really go bankrupt. Our political elites will find a way to kick the can down the road.

The Trustees are saying Medicare will go bankrupt in 2026 at the latest. So will the 2020 race or the 2024 race address it?
The democrats need to push the issue and see how Trump plans to save Medicare.

 

[easyt65]

Who will 'man up', step up, and admit they had a hand in taking the action to save lives and the US economy...an who will just point fingers and attack the other...

Those - all of them - who go with 'Option B' should be 'fired' immediately. 'Playing politics' in the midst of a pandemic / emergency instead of getting busy working to help the nation and its citizens recover should never work in politics again.

 

[bripat9643]

The COVID-19 pandemic borrowing will make SS & Medicare less solvent.
Which party will raise taxes to save SS & Medicare for future generations?

The Future of America’s Entitlements: What You Need to Know About the Medicare and Social Security Trustees Reports - AAF

The Social Security and Medicare Trustees issued their annual reports detailing the financial state of America’s two largest entitlement programs.

www.americanactionforum.org

• Medicare’s Annual Cash Shortfall in 2019 was $396 billion;
• Payroll taxes would have to increase more than 15 percent to pay for Medicare Part A in 2019; and
• Over the next 75 years, Social Security will owe $16.8 trillion more than it is projected to take in.

Neither one, dumass. Political parties don't pay taxes.

WTF are you hallucinating about? Who writes the tax laws?
Who wrote the last tax cuts that aren't working no matter what Manuchin says?

So what you really meant to say is that Dims will raise all our taxes.

We already knew that, dumbass.

What is your GOP alternative? To keep borrowing and borrowing? We are headed for a fiscal cliff and you are cheering?!
How dumb is that?

My alternative is to stop spending, moron.

 

[Norman]

The COVID-19 pandemic borrowing will make SS & Medicare less solvent.
Which party will raise taxes to save SS & Medicare for future generations?

The Future of America’s Entitlements: What You Need to Know About the Medicare and Social Security Trustees Reports - AAF

The Social Security and Medicare Trustees issued their annual reports detailing the financial state of America’s two largest entitlement programs.

www.americanactionforum.org

• Medicare’s Annual Cash Shortfall in 2019 was $396 billion;
• Payroll taxes would have to increase more than 15 percent to pay for Medicare Part A in 2019; and
• Over the next 75 years, Social Security will owe $16.8 trillion more than it is projected to take in.

Social security was "bankrupt" the moment it was funded.

We saved the boomers from the boomerdoomer. Now is the time for some cuts.

 

[Norman]

The COVID-19 pandemic borrowing will make SS & Medicare less solvent.
Which party will raise taxes to save SS & Medicare for future generations?

The Future of America’s Entitlements: What You Need to Know About the Medicare and Social Security Trustees Reports - AAF

The Social Security and Medicare Trustees issued their annual reports detailing the financial state of America’s two largest entitlement programs.

www.americanactionforum.org

• Medicare’s Annual Cash Shortfall in 2019 was $396 billion;
• Payroll taxes would have to increase more than 15 percent to pay for Medicare Part A in 2019; and
• Over the next 75 years, Social Security will owe $16.8 trillion more than it is projected to take in.

Why are you in such a hurry.

Soon your entire paycheck will go to them as bread lines will form

I personally am looking at designer trash cans to eat out of. They are all the rage in Venezuela.

There was another thread that showed that the US has one of the lowest tax rates in the world. The GOP and Trump's tax cuts were supposed to get to a 5% GDP growth rate, and instead the GDP growth rate is about what it always has been, about 2%. So the Budget Deficit is running about $1T a year, until COVID, and now that added about $3T this year.

If neither party raises taxes there is trouble ahead. Whining about taxes is just that, whining. So the DC coxuckers can either cut spending or raise taxes, or preferably both.

Lie, lie, lie, lie, lie, lie, lie, lie, lie, lie, lie, lie, lie, lie, lie.

What is the lie? You retarded? Can't debate?

View attachment 329236

Who published the chart, turd? It's meaningless without a source.

Here you go low-life. The US is 32 out of 41.

Taxing High Incomes: A Comparison of 41 Countries

Sweden has the highest top effective marginal tax rate in Europe at 76%, while Bulgaria has the lowest at 29%. Learn more about top tax rates in Europe.

taxfoundation.org

View attachment 329238

Almost 50% goes to government? Unacceptable!

 

[Papageorgio]

We needed a tax hike 30 years ago. Both parties are out to lunch fiscally

We needed to cut spending 30 years ago and keep cutting. Make government accountable for what they spend, not let them blow money on unnecessary programs and pork.

 

[bripat9643]

The COVID-19 pandemic borrowing will make SS & Medicare less solvent.
Which party will raise taxes to save SS & Medicare for future generations?

The Future of America’s Entitlements: What You Need to Know About the Medicare and Social Security Trustees Reports - AAF

The Social Security and Medicare Trustees issued their annual reports detailing the financial state of America’s two largest entitlement programs.

www.americanactionforum.org

• Medicare’s Annual Cash Shortfall in 2019 was $396 billion;
• Payroll taxes would have to increase more than 15 percent to pay for Medicare Part A in 2019; and
• Over the next 75 years, Social Security will owe $16.8 trillion more than it is projected to take in.

Why are you in such a hurry.

Soon your entire paycheck will go to them as bread lines will form

I personally am looking at designer trash cans to eat out of. They are all the rage in Venezuela.

There was another thread that showed that the US has one of the lowest tax rates in the world. The GOP and Trump's tax cuts were supposed to get to a 5% GDP growth rate, and instead the GDP growth rate is about what it always has been, about 2%. So the Budget Deficit is running about $1T a year, until COVID, and now that added about $3T this year.

If neither party raises taxes there is trouble ahead. Whining about taxes is just that, whining. So the DC coxuckers can either cut spending or raise taxes, or preferably both.

Lie, lie, lie, lie, lie, lie, lie, lie, lie, lie, lie, lie, lie, lie, lie.

What is the lie? You retarded? Can't debate?

View attachment 329236

Who published the chart, turd? It's meaningless without a source.

Here you go low-life. The US is 32 out of 41.

Taxing High Incomes: A Comparison of 41 Countries

Sweden has the highest top effective marginal tax rate in Europe at 76%, while Bulgaria has the lowest at 29%. Learn more about top tax rates in Europe.

taxfoundation.org

View attachment 329238

Fritz Englund & Lundberg: two leftwing academics. CNN is more credible.

 

[Aldo Raine]

The COVID-19 pandemic borrowing will make SS & Medicare less solvent.
Which party will raise taxes to save SS & Medicare for future generations?

The Future of America’s Entitlements: What You Need to Know About the Medicare and Social Security Trustees Reports - AAF

The Social Security and Medicare Trustees issued their annual reports detailing the financial state of America’s two largest entitlement programs.

www.americanactionforum.org

• Medicare’s Annual Cash Shortfall in 2019 was $396 billion;
• Payroll taxes would have to increase more than 15 percent to pay for Medicare Part A in 2019; and
• Over the next 75 years, Social Security will owe $16.8 trillion more than it is projected to take in.

Neither one, dumass. Political parties don't pay taxes.

WTF are you hallucinating about? Who writes the tax laws?
Who wrote the last tax cuts that aren't working no matter what Manuchin says?

So what you really meant to say is that Dims will raise all our taxes.

We already knew that, dumbass.

What is your GOP alternative? To keep borrowing and borrowing? We are headed for a fiscal cliff and you are cheering?!
How dumb is that?

You are discussing with crybrat, the answer is yes, yes he IS dumb!!

 

[Ray From Cleveland]

Our grandchildren and great-grandchildren will pay for it, but don’t worry we cant hear their complaints from the grave.

Nope. Medicare will be bankrupt in 2026, so IMHO Medicare is toast.
SS will be able to pay 70% of the promised amounts after 2030, which is an entitlement cut that both parties can dodge responsibility for.

It won’t really go bankrupt. Our political elites will find a way to kick the can down the road.

The Trustees are saying Medicare will go bankrupt in 2026 at the latest. So will the 2020 race or the 2024 race address it?
The democrats need to push the issue and see how Trump plans to save Medicare.

Step one of course is to increase employee payroll contribution. While medical costs kept increasing and increasing, Medicare deductions have stayed the same. If the bill on your credit card is 100 bucks a month, and you pay 100 bucks a month, that's fine. When your bill starts to increase to 125, 150 175, and you're still paying 100 bucks a month, of course it's not going to wash. Eventually you're going to end up in real trouble.

After the economy gets roaring again, we need to calculate how much this virus cost us. That bill should be deducted from what we owe China.

 

[22lcidw]

We needed a tax hike 30 years ago. Both parties are out to lunch fiscally

Progs promised to corral social programs when Reagan was President. They lied. We also had massive social security/medicare tax increases that was supposed to be good until the mid 2070's. Lie after lie after lie. Some of those politicians back then might still here.

 

[Ray From Cleveland]

The COVID-19 pandemic borrowing will make SS & Medicare less solvent.
Which party will raise taxes to save SS & Medicare for future generations?

The Future of America’s Entitlements: What You Need to Know About the Medicare and Social Security Trustees Reports - AAF

The Social Security and Medicare Trustees issued their annual reports detailing the financial state of America’s two largest entitlement programs.

www.americanactionforum.org

• Medicare’s Annual Cash Shortfall in 2019 was $396 billion;
• Payroll taxes would have to increase more than 15 percent to pay for Medicare Part A in 2019; and
• Over the next 75 years, Social Security will owe $16.8 trillion more than it is projected to take in.

Neither one, dumass. Political parties don't pay taxes.

WTF are you hallucinating about? Who writes the tax laws?
Who wrote the last tax cuts that aren't working no matter what Manuchin says?

So what you really meant to say is that Dims will raise all our taxes.

We already knew that, dumbass.

What they will do is raise taxes on the wealthy, and perhaps tobacco users; two groups that cannot protect themselves via vote.

 

[the other mike]

Nationalize the pharmaceutical industry.

 

[eagle7-31]

We needed a tax hike 30 years ago. Both parties are out to lunch fiscally

I will take issue with your first statement about taxes, but do agree with you about both parties being out to lunch fiscally. Hope that did not hurt too much.

 

[Siete]

The COVID-19 pandemic borrowing will make SS & Medicare less solvent.
Which party will raise taxes to save SS & Medicare for future generations?

The Future of America’s Entitlements: What You Need to Know About the Medicare and Social Security Trustees Reports - AAF

The Social Security and Medicare Trustees issued their annual reports detailing the financial state of America’s two largest entitlement programs.

www.americanactionforum.org

• Medicare’s Annual Cash Shortfall in 2019 was $396 billion;
• Payroll taxes would have to increase more than 15 percent to pay for Medicare Part A in 2019; and
• Over the next 75 years, Social Security will owe $16.8 trillion more than it is projected to take in.

Why are you in such a hurry.

Soon your entire paycheck will go to them as bread lines will form

I personally am looking at designer trash cans to eat out of. They are all the rage in Venezuela.

There was another thread that showed that the US has one of the lowest tax rates in the world. The GOP and Trump's tax cuts were supposed to get to a 5% GDP growth rate, and instead the GDP growth rate is about what it always has been, about 2%. So the Budget Deficit is running about $1T a year, until COVID, and now that added about $3T this year.

If neither party raises taxes there is trouble ahead. Whining about taxes is just that, whining. So the DC coxuckers can either cut spending or raise taxes, or preferably both.

Lie, lie, lie, lie, lie, lie, lie, lie, lie, lie, lie, lie, lie, lie, lie.

What is the lie? You retarded? Can't debate?

View attachment 329236

that ^^^^

 

[kyzr]

The COVID-19 pandemic borrowing will make SS & Medicare less solvent.
Which party will raise taxes to save SS & Medicare for future generations?

The Future of America’s Entitlements: What You Need to Know About the Medicare and Social Security Trustees Reports - AAF

The Social Security and Medicare Trustees issued their annual reports detailing the financial state of America’s two largest entitlement programs.

www.americanactionforum.org

• Medicare’s Annual Cash Shortfall in 2019 was $396 billion;
• Payroll taxes would have to increase more than 15 percent to pay for Medicare Part A in 2019; and
• Over the next 75 years, Social Security will owe $16.8 trillion more than it is projected to take in.

Neither one, dumass. Political parties don't pay taxes.

WTF are you hallucinating about? Who writes the tax laws?
Who wrote the last tax cuts that aren't working no matter what Manuchin says?

So what you really meant to say is that Dims will raise all our taxes.

We already knew that, dumbass.

What is your GOP alternative? To keep borrowing and borrowing? We are headed for a fiscal cliff and you are cheering?!
How dumb is that?

My alternative is to stop spending, moron.

Retard, what would you cut? Most of the Budget are entitlements, cut those and you get lynched, and Defense.
So tell me that you and the GOP would cut Defense.
So tell me what specifically you would cut. Here is a Budget, get your red pen out:

2019 Federal Budget
Mandatory spending $2.74T
Social Security $878b
Medicare $625b
Medicaid $412b
Welfare $462b
Interest on the Debt $363b

Discretionary $1.3T
Defense $893.0b
HHS $70.0b
Education $59.9b
VA $83.1b
Homeland $52.7b
Energy Dept $29.2b
NNSA $15.1b
HUD $29.2b
State Dept $40.3b
NASA $19.0b
Foreign Aid $55.0b
All Other Agencies $78.1

 

[kyzr]

The COVID-19 pandemic borrowing will make SS & Medicare less solvent.
Which party will raise taxes to save SS & Medicare for future generations?

The Future of America’s Entitlements: What You Need to Know About the Medicare and Social Security Trustees Reports - AAF

The Social Security and Medicare Trustees issued their annual reports detailing the financial state of America’s two largest entitlement programs.

www.americanactionforum.org

• Medicare’s Annual Cash Shortfall in 2019 was $396 billion;
• Payroll taxes would have to increase more than 15 percent to pay for Medicare Part A in 2019; and
• Over the next 75 years, Social Security will owe $16.8 trillion more than it is projected to take in.

Social security was "bankrupt" the moment it was funded.

We saved the boomers from the boomerdoomer. Now is the time for some cuts.

OK, what would you cut, or would you do the "no action" and let the 30% cut to SS happen automatically?

Would you let Medicare go bankrupt?

 

[kyzr]

The COVID-19 pandemic borrowing will make SS & Medicare less solvent.
Which party will raise taxes to save SS & Medicare for future generations?

The Future of America’s Entitlements: What You Need to Know About the Medicare and Social Security Trustees Reports - AAF

The Social Security and Medicare Trustees issued their annual reports detailing the financial state of America’s two largest entitlement programs.

www.americanactionforum.org

• Medicare’s Annual Cash Shortfall in 2019 was $396 billion;
• Payroll taxes would have to increase more than 15 percent to pay for Medicare Part A in 2019; and
• Over the next 75 years, Social Security will owe $16.8 trillion more than it is projected to take in.

Why are you in such a hurry.

Soon your entire paycheck will go to them as bread lines will form

I personally am looking at designer trash cans to eat out of. They are all the rage in Venezuela.

There was another thread that showed that the US has one of the lowest tax rates in the world. The GOP and Trump's tax cuts were supposed to get to a 5% GDP growth rate, and instead the GDP growth rate is about what it always has been, about 2%. So the Budget Deficit is running about $1T a year, until COVID, and now that added about $3T this year.

If neither party raises taxes there is trouble ahead. Whining about taxes is just that, whining. So the DC coxuckers can either cut spending or raise taxes, or preferably both.

Lie, lie, lie, lie, lie, lie, lie, lie, lie, lie, lie, lie, lie, lie, lie.

What is the lie? You retarded? Can't debate?

View attachment 329236

Who published the chart, turd? It's meaningless without a source.

Here you go low-life. The US is 32 out of 41.

Taxing High Incomes: A Comparison of 41 Countries

Sweden has the highest top effective marginal tax rate in Europe at 76%, while Bulgaria has the lowest at 29%. Learn more about top tax rates in Europe.

taxfoundation.org

View attachment 329238

Almost 50% goes to government? Unacceptable!

But you do like firemen, policemen, EMS, teachers, highways, streets, bridges, snow plowed, etc? Correct?

 

[kyzr]

The COVID-19 pandemic borrowing will make SS & Medicare less solvent.
Which party will raise taxes to save SS & Medicare for future generations?

The Future of America’s Entitlements: What You Need to Know About the Medicare and Social Security Trustees Reports - AAF

The Social Security and Medicare Trustees issued their annual reports detailing the financial state of America’s two largest entitlement programs.

www.americanactionforum.org

• Medicare’s Annual Cash Shortfall in 2019 was $396 billion;
• Payroll taxes would have to increase more than 15 percent to pay for Medicare Part A in 2019; and
• Over the next 75 years, Social Security will owe $16.8 trillion more than it is projected to take in.

Why are you in such a hurry.

Soon your entire paycheck will go to them as bread lines will form

I personally am looking at designer trash cans to eat out of. They are all the rage in Venezuela.

There was another thread that showed that the US has one of the lowest tax rates in the world. The GOP and Trump's tax cuts were supposed to get to a 5% GDP growth rate, and instead the GDP growth rate is about what it always has been, about 2%. So the Budget Deficit is running about $1T a year, until COVID, and now that added about $3T this year.

If neither party raises taxes there is trouble ahead. Whining about taxes is just that, whining. So the DC coxuckers can either cut spending or raise taxes, or preferably both.

Lie, lie, lie, lie, lie, lie, lie, lie, lie, lie, lie, lie, lie, lie, lie.

What is the lie? You retarded? Can't debate?

View attachment 329236

Who published the chart, turd? It's meaningless without a source.

Here you go low-life. The US is 32 out of 41.

Taxing High Incomes: A Comparison of 41 Countries

Sweden has the highest top effective marginal tax rate in Europe at 76%, while Bulgaria has the lowest at 29%. Learn more about top tax rates in Europe.

taxfoundation.org

View attachment 329238

Fritz Englund & Lundberg: two leftwing academics. CNN is more credible.

Show me your chart. I posted a credible chart, your turn dumbass or can't you support your position?????

 

[kyzr]

Our grandchildren and great-grandchildren will pay for it, but don’t worry we cant hear their complaints from the grave.

Nope. Medicare will be bankrupt in 2026, so IMHO Medicare is toast.
SS will be able to pay 70% of the promised amounts after 2030, which is an entitlement cut that both parties can dodge responsibility for.

It won’t really go bankrupt. Our political elites will find a way to kick the can down the road.

The Trustees are saying Medicare will go bankrupt in 2026 at the latest. So will the 2020 race or the 2024 race address it?
The democrats need to push the issue and see how Trump plans to save Medicare.

Step one of course is to increase employee payroll contribution. While medical costs kept increasing and increasing, Medicare deductions have stayed the same. If the bill on your credit card is 100 bucks a month, and you pay 100 bucks a month, that's fine. When your bill starts to increase to 125, 150 175, and you're still paying 100 bucks a month, of course it's not going to wash. Eventually you're going to end up in real trouble.

After the economy gets roaring again, we need to calculate how much this virus cost us. That bill should be deducted from what we owe China.

LOL! On CNBC this morning a CEO (3M) was saying that China is NOT letting ANY US Dollars out of China.
That sword cuts both ways.

 

[kyzr]

The COVID-19 pandemic borrowing will make SS & Medicare less solvent.
Which party will raise taxes to save SS & Medicare for future generations?

The Future of America’s Entitlements: What You Need to Know About the Medicare and Social Security Trustees Reports - AAF

The Social Security and Medicare Trustees issued their annual reports detailing the financial state of America’s two largest entitlement programs.

www.americanactionforum.org

• Medicare’s Annual Cash Shortfall in 2019 was $396 billion;
• Payroll taxes would have to increase more than 15 percent to pay for Medicare Part A in 2019; and
• Over the next 75 years, Social Security will owe $16.8 trillion more than it is projected to take in.

Why are you in such a hurry.

Soon your entire paycheck will go to them as bread lines will form

I personally am looking at designer trash cans to eat out of. They are all the rage in Venezuela.

There was another thread that showed that the US has one of the lowest tax rates in the world. The GOP and Trump's tax cuts were supposed to get to a 5% GDP growth rate, and instead the GDP growth rate is about what it always has been, about 2%. So the Budget Deficit is running about $1T a year, until COVID, and now that added about $3T this year.

If neither party raises taxes there is trouble ahead. Whining about taxes is just that, whining. So the DC coxuckers can either cut spending or raise taxes, or preferably both.

Lie, lie, lie, lie, lie, lie, lie, lie, lie, lie, lie, lie, lie, lie, lie.

What is the lie? You retarded? Can't debate?

View attachment 329236

that ^^^^

?????????????