It's why they won't admit Republicans want to end those two programs. Meanwhile, you can easily find them on other threads calling those programs socialism.
And they (Republicans) have been telling me since I was a child to NOT EXPECT TO GET MY SOCIAL SECURITY. Don't count on it they said. Am I suppose to not believe them? I'm taking them at their word on this one. And I know Democrats would NEVER end these programs.
But I bet they can be talked into cutting them 20%. I believe 20% cuts to everyone would "save" the program. And if Trump is president we know 45% of America will go along and bend over and take it. Even defend it. Hell, blame Democrats. Just like they blamed the Bush Great Recession on everyone but Bush.
It is not the GOP saying this
but the SS/Medicare Trustees:
So you should talk to them...
By law, there are six Trustees, four of whom serve by virtue of their positions in the Federal Government: the Secretary of the Treasury, the Secretary of Labor, the Secretary of Health and Human Services, and the Commissioner of Social Security.
Check what the Trustees say :
Social Security and Medicare both face Social Security and Medicare both face long-term financing shortfalls under currently scheduled benefits and financing.
Costs of both programs will grow faster than gross domestic product (GDP) through the mid-2030s primarily due to the rapid aging of the U.S. population. Medicare costs will continue to grow faster than GDP through the late 2070s due to projected increases in the volume and intensity of services provided.Costs of both programs will grow faster than gross domestic product (GDP) through the mid-2030s primarily due to the rapid aging of the U.S. population. Medicare costs will continue to grow faster than GDP through the late 2070s due to projected increases in the volume and intensity of services provided.
The Old-Age and Survivors Insurance (OASI) Trust Fund, which pays retirement and survivors benefits, will be able to pay scheduled benefits on a
timely basis until 2034, one year later than reported last year. At that time, the fund's reserves will become depleted and continuing tax income will be sufficient to pay 77 percent of scheduled benefits.
The Hospital Insurance (HI) Trust Fund, or Medicare Part A, which helps pay for services such as inpatient hospital care, will be able to pay s
cheduled benefits until 2028, two years later than reported last year. At that time, the fund's reserves will become depleted and continuing total program income will be sufficient to pay 90 percent of total scheduled benefits
A SUMMARY OF THE 2024 ANNUAL REPORTS
www.ssa.gov