Pensions: Even in normal years, the annual Social Security and Medicare trustees´ reports typically get overlooked. This year is far from normal. But the reports should be top of mind for anyone who cares about retirement security. The Social Security report finds that the "trust fund" will run out of money in just 17 years. The news only gets worse from there. The program´s unfunded liability over the next 75 years is now $12.5 trillion, which is up from $11.4 trillion last year and $4.7 trillion a decade ago. In other words, Social Security´s long-term unfunded liability has increased by 166% in
This outcome alone should have been tackled years ago by bringing to a screeching stop those immigrants (whether "refugees" using the new meaning of the word) who cannot work or speak English or have more than one wife, etc., and pay their way.
Don´t worry - RINOs in the Senate are keeping the extra 1.9% from our income over $250k for Medicare. Oh - they are using this money and 3.8% investment income tax to pay off Senators to vote for Trumpcare´s non-repeal of Obamacare.
Good job guys - you´ve got the House, the Senate and now the White House; next up is a Continuing Resolution to fund the $400 Billion a month Federal Government - vs Trump´s budget.
And you expect me to vote for yall big-time next November???
Trump needs to call out RINOs that he wants to defeat next year, so we can start culling the spineless ones - like McConnell & Ryan...
I started SS in 1968 when I took my first civilian job as an order picker in an industrial warehouse supply. I remember not knowing a thing about that deduction. But, I also remember way back then the political harping going on about how it had to be fixed! That is was not sustainable. That something had to be done. Well, here we are, 49 years later...same old problem. Politicians truly are worthless, aren´t they?
I´d be happy to call us even if they´ll just send me a check for the amount they stole from me at gunpoint over the years for SS and mediscam. I can get a much better return on that money than they ever have.
I really don´t like fascist/socialist/communist directives from my government telling me I have to buy this or I must pay that - too bad there are so many helpless morons that think it is just great.
When my grandfather was on SS, in the 60s, there were 15 workers paying into the system to fund his checks. Now that I am on SS, there are two or three workers, last I heard, paying in for my check.
They are running out of other people´s money. Thank goodness I planned my retirement to where SS is helpful, but I can survive if it is cut off - this is because, from a teenager, I never trusted SS to be there for me. It was apparent at the time that it was an unstable Ponzi scheme, and nothing has improved in the 50 years since.
And for anyone still believing the "trust fund" story, it is a pile of IOUs, redeemable by increasing taxes or reducing spending at some future time to divert that revenue to pay back what was spent decades ago. Essentially a fraud, but a very legally laid out one. Does anyone believe that there will be more revenue or lower spending to pay these back? Me neither.
The government is lying. Its broke now. They rob Peter to pay Paul every quarter. Each of us can look at just the large number of cars with disabled tags for parking in our small towns. A good number of them are all on disability. I know two new Boeing retirees with fabulous pensions. Both are 51 and both say they get SS disability checks. How does that work?
Let´s start removing the people who are not entitled to a dime.....people who lift 400 pounds in gyms, don´t work because of some ´illness´ but are able to collect. How about ´aunt´ Zesumi or whatever the Obamination´s aunt was called and the forever drunk ´uncle´ stopping them from collecting? How about Mouchelle´s mother who suddenly gets $160,000 per year for what??? Let´s remove all the ´disabled´ who weigh several hundred pounds, are able to lift up a fork and pick up a check.....On and on.....let´s clean all that trash out and you will see SS and Medicare will suddenly be in much better shape!
Obola giving it to everybody entering the country and calling it an "entitlement" didn´t help. How many times did he take from Medicare to fund Zippycare? How many illegals in this country get paid in cash and neither them, or their employer, are paying into the system?
Taxes: Is the GOP getting serious about tax reform at last? Republicans in Congress say they´ll unveil the outlines of a consensus plan in two weeks, as President Trump hits the hustings to stump for tax reform. We hope this isn´t another false start. "Reform" is one of those words that sounds easy, but really isn´t. Every political interest group has a dog in the fight, and no one wants to give up a cherished deduction. And few politicians want to be seen as cutting taxes on Americans in the top income brackets or corporations, a sure way to be
Promises: Is President Trump going back on a centerpiece of his campaign and the rallying point for much of his base? It sure looked like it. Trump should know, however, that he will get nothing in return from Democrats. There is always the temptation in Washington for conservatives to give up on their principles, if only to gain a reprieve from the endless negative coverage. When it happens, the press typically describes the betrayal as "growing in office." Trump was hardly a rock-ribbed conservative when he came to Washington. His stated positions on health care, drug prices, trade and other issues put
Health Reform: Democrats are lining up to endorse Sen. Bernie Sanders´ plan to socialize medicine. But have they actually read what it is they are signing up for? Sanders touts his "Medicare for all" as the solution to all our nation´s health care woes. No more premiums, no more deductibles or copays, no provider networks. The government would pick up all the costs, except for possibly minimal copays for prescription drugs. Private insurance would be effectively outlawed. A third of Senate Democrats co-sponsored Sanders´ bill, and a similar measure in the House has 117 Democratic co-sponsors. Sanders is now the standard-bearer for
If you can´t win, change the rules. Democrats and progressive activists are joining forces to urge the U.S. Supreme Court to interfere in how election districts are drawn in all 50 states. In Gill v. Whitford, they´re challenging how Republican lawmakers in Wisconsin drew the state´s election map. The justices will hear the case on Oct. 3. If they decide to strike down Wisconsin´s map and dictate new rules for election map making, it could turn winners into losers and vice versa across the country. Republicans, who have been on a winning streak and now control both legislative houses and the governor´s
Growth: Buried amid a deluge of nasty news ranging from the growing North Korean nuclear threat to killer hurricanes hitting our coasts, the Census Bureau reports that median household income, a broad gauge of family financial well-being, hit its highest level ever last year. That´s another strong sign that the economy is trying to break out of its 10-year growth slump. The median household income last year was $59,039, up 0.7% from the previous record of $58,655 set in 1999, the year the dot-com boom went bust. Real median incomes for married households with both spouses working soared to $106,000
Health Care: On the surface, the Census Bureau´s report looks like another win for ObamaCare, as the uninsured rate dropped to 8.8% in 2016. But a close look shows that whatever gains ObamaCare was making are over. The Census report says that, overall, the number of uninsured dropped by 914,000 between 2015 and 2016. That pushed the uninsured rate down three-tenths of a percentage point. It´s being heralded as further evidence that ObamaCare is working, and that Republican efforts to dismantle the program are horribly misguided. But look inside the numbers. The gains last year were in two areas that have little
Helping Hands: As with Hurricane Harvey in Texas, Hurricane Irma has severely tested Americans´ generosity and willingness to help their fellow human beings in a time of need. And they have once again passed the test with flying colors. As cynical leftists rail about global warming and whether states that voted for President Trump actually deserve their fate, others less beholden to such anti-human ideas are willingly pitching in with money, skills and arm-power to help those stricken after Hurricane Irma slammed into Florida this week. Give the federal government its due: Its response has been competent and quick. FEMA has responded
Science: Perhaps the best indication that Irma failed to live up to its billing is the fact that the broad stock indexes — including insurance companies — rallied on Monday while various construction-related stocks took it on the chin. When can we expect to see stories about how global warming deserves the credit? There´s no question that Irma was and continues to be destructive. But there´s also no question that it was not nearly the storm it was predicted by all the experts to be. Last week, there was talk of massive destruction across the state, with damage estimates ranging up to
Corruption: A sitting U.S. Senator is currently on trial for bribery, and if he´s found guilty it could have major political ramifications. Haven´t heard about this case? That´s because the Senator in question is a Democrat. A CNN story this week about the opening of the trial against New Jersey Sen. Robert Menendez noted that "Democrats are eager to avoid the subject of Menendez´s bribery trial." That headline would have been just as accurate if it said "Reporters" instead of "Democrats." Menendez in on trial for allegedly having sold his office in exchange for luxury vacations, private flights, and piles of campaign cash.
Agenda: Less than two weeks after Hurricane Harvey made landfall, the House passed an $8 billion bill to help the Houston region recover. So Republicans in Congress can get things done quickly, just not when it comes to enacting a conservative agenda. At a retreat for Republican lawmakers back in January, Sen. Majority Leader Mitch McConnell and House Speaker Paul Ryan laid out an ambitious agenda they planned to achieve in their first 200 days — before the Senate would go on its monthlong break in August. They would: Repeal and replace ObamaCare, pass a sweeping tax reform, fund the border wall,
Rule Of Law: What happens when the president of the United States decides to uphold the Constitution´s separation of powers and appropriately defers to Congress on immigration law? If his name is Donald Trump, everyone has a nervous breakdown. At a news conference on Tuesday, Attorney General Jeff Sessions announced that President Trump was rescinding Obama´s "Deferred Action for Childhood Arrivals," an executive order that let young people in the country illegally apply to get a renewable two-year work authorization and other benefits, including participating in Social Security. Obama enacted DACA in June 2012 after Congress failed to pass immigration reforms he
President Trump´s approval rating hit 38% in the latest IBD/TIPP poll after what pundits routinely described as a terrible month for the president. While still low, that represents a six-point gain over the previous month. Regionally, Trump´s gains were strongest in the South, where his approval jumped 13 points to 48%. He firmed up support among Republicans as well, with an 8-point increase to 79%. He gained 14 points among those with a high school education, 10 points among conservatives, 7 points with white men, and 4 points among those living in rural parts of the country. What´s more, Trump gained 12%
John McCain is joining a bipartisan push to block President Donald Trump from banning transgender people from serving in the military. Mr Trump issued a moratorium last month instructing the military to stop providing gender reassignment surgeries for transgender troops, and to stop plans to recruit those troops. That decision came following an order from his predecessor that instructed the military to begin considering programmes to allow transgender people to serve openly and without worry in the military. (Snip) Senator Kirsten Gillibrand, a Democrat, and Senator Susan Collins, a Republican, are also behind the effort. “Thousands of brave transgender Americans love
New emails unearthed by Judicial Watch confirm that the Clinton Foundation was in fact a pay-to-play influence peddling operation far more worthy of a special prosecutor than imaginary Russians colluding under Trump Administration beds. It is time for President Trump to keep the promise he made in the presidential debate to indict Hillary Clinton for her crimes: About 20 minutes into the debate, Donald Trump delivered a menacing threat to Hillary Clinton. “If I win,”
Hillary Clinton’s new book entitled “What Happened” was officially released on Tuesday. Since then, she has been promoting it with the zeal of an indefatigable carnival barker. It seems to be working. (Snip) I’ve spent two days and consumed three packs of Tums trying to digest all 464 pages. (I’m a fast reader.) I initially counted 43 reasons Clinton gives for her 2016 election loss, as she meticulously faults all the people who sabotaged what was rightfully hers. But upon closer examination, I have discovered thirteen more who are to blame. Incredible. But not surprising. You see, Clinton has long
After months of denials, the pretext for Susan Rice’s eavesdropping on Trump officials has finally been made public. It had been widely known that Obama’s former National Security Adviser had contrived to unmask the names of top Trump officials who had been spied on by the administration. And the same media that still treats Watergate as the Great American Scandal had claimed that there was nothing “improper” in an Obama loyalist eavesdropping on members of the opposition party. Every time Obama Inc. was caught eavesdropping on opposition politicians, it presented its spin in a carefully packaged “scoop” to a major media
While promoting her newly released memoir, Hillary Clinton has placed blame on several factors for her loss to Donald Trump last November — from her own mistakes, to Russian interference in the U.S. election, and the late intervention by then-FBI director James Comey. But Clinton has also spoken candidly about how deep-rooted sexism played a hand in her defeat, and about the double standards she faced as the first woman nominated by a major party for president in America’s 240-year history. In an interview with the New York Times published Saturday, Clinton spoke further about how misogyny is used as
Meghan McCain, the political scion who turned a stint as a blogger and TV show host into a role as a contributor at Fox News Channel, is leaving the network. (Snip) “Meghan has been a valuable part of ‘Outnumbered’ and the Fox News team,” the 21st Century Fox-owned outlet said in a statement. “We’re sad to see her go, but we wish her all the best.” “I’m so thankful to Fox News for the chance to be on ‘Outnumbered,’ but I’m leaving to focus on other things,” McCain said in a statement. “I have no doubt the show will continue
A Detroit Lions fan has forfeited his season tickets and is banned from future events at Ford Field after he posted a Snapchat photo using the N-word to describe a pair of fans who sat through the national anthem Sunday. The man posted a Snapchat photo on Facebook of a black couple sitting during the anthem with the caption “Ignorant [expletive].” The Facebook caption read: “You wana sit down for the national anthem? You dont like our country then get tge [expletive] outttt [sic].” The photo was allegedly posted by David Doptis, owner of Restaurant Liquidations Auctions LLC in Pontiac,
CNN host Anthony Bourdain joked in an interview with TMZ that he would poison President Trump if given the opportunity to cook for him and North Korean dictator Kim Jong-un. "If Trump and Kim Jong-un were going to have a bit of a summit to try and mend relations and they wanted you to cater, what would you serve?" asked a TMZ reporter. "Hemlock," Bourdain deadpanned. Hemlock is defined as "a drug or lethal drink prepared from the poison hemlock" that has been used as an execution method. The 61-year-old host of CNN´s weekly food and travel series, "Parts Unknown," later told Fox
Almost no commentator, no reviewer, has mentioned the most newsworthy fact about Hillary Clinton´s latest memoir—which is the near total lack of anything actually newsworthy in the book. With What Happened, Clinton would at last "let down her hair," Simon & Schuster´s publicists loudly proclaimed before the book´s publication. And that was the line dutifully repeated by reporter after reporter, as though it were a fact. As though, coming from Clinton´s people, it didn´t need to be checked or reported with even the slight distancing of "Hillary Clinton says she´s let down her hair in her new book." But then,
Chelsea Manning has been making quite a spectacle of himself out on Twitter, taking Michael Morrell´s and Mike Pompeo´s exit from the school as a welcome new opportunity to call attention to himself. He starts with an emoji-filled cheer at news of Morrell´s resignation from his own Harvard post based on its bad judgment in bringing him into the university to ´mentor´ students, declaring it ´good´ that Morrell has pulled out. Not a thought about how Morrell´s exit might affect Harvard, it´s all about himself and his feelings instead. Note the high emoji count, by the way - an advertisement
ST. LOUIS • About 1,000 protesters surrounded the home of St. Louis Mayor Lyda Krewson in the Central West End late Friday, breaking at least two windows and throwing red paint at the brick house before some 200 police in riot gear moved in to break it up. There was no indication on the scene that Krewson was in the home at the time. A total of 9 police officers had been reported injured as of 9 p.m., including one officer with a dislocated shoulder and an officer with a possible broken jaw, Acting Police Chief Lawrence O´Toole said shortly after midnight
Melania Trump put on an incredibly glamorous display as she joined her husband President Donald Trump in hosting a black-tie dinner at the White House. The 47-year-old looked a world away from the incredibly casual figure she had cut earlier in the day when she visited hurricane-hit areas of Florida, when she opted to wear jeans, a baggy shirt and $50 Converse sneakers, donning an $8,000 Monique Lhuillier gown for the White House Historical Association dinner and reception. Standing alongside her husband as he took to the stage to welcome guests to the decadent evening event, Melania was the picture