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Congress must consider cuts in Medicare
and Social Security. This is why

Original Article

Posted By: bamapreacher, 7/27/2021 1:15:25 PM

The problem never seems to go away. (snip) Secretary Janet Yellen sent a stern letter to Congress this month stating that if Congress doesn’t act quickly, she would need to take “extraordinary measures” (snip) To lower spending, lawmakers will have to consider cutting benefits in Social Security and Medicare, which make up most of the budget. Without reform of these programs, a continued increase in government borrowing will hold back economic growth. It’s time to end the borrowing debate and address the underlying cause of the problem.


What an incredible liberal loon. Why punish people who have worked all their life? How about cutting all aid to anyone not in this country legally? Etc.

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Reply 1 - Posted by: snowoutlaw 7/27/2021 1:26:13 PM (No. 858896)
These cuts won't be needed in NY state. I guess COVID didn't do the job it was supposed to do?
19 people like this.

Reply 2 - Posted by: TXknitter 7/27/2021 1:28:05 PM (No. 858899)
This is amazing but not surprising. I believe it was Larry Kudlow who stated on FOX Business that do not think big government won’t USE Social Security to twist recipients arms to do what they want or get any extra money they want. Federal employee cuts for big shots like Yellen never happen. Why do we voters never make that an issue?
25 people like this.

Reply 3 - Posted by: Catherine 7/27/2021 1:29:38 PM (No. 858900)
OR, they could not pay hundreds of thousands of illegal aliens to come here. OR they could stop paying exorbitant amounts to senators and congressmen in wages and expenses. OR they could stop sending billions to foreign countries.
57 people like this.

Reply 4 - Posted by: singermom9 7/27/2021 1:41:48 PM (No. 858917)
Or they could take the BILLIONS they are spending each day to NOT build the wall and put the money into SS
42 people like this.

Reply 5 - Posted by: hershey 7/27/2021 1:43:03 PM (No. 858919)
If the damned congress hadn't stolen the social security funds in the first place and put them in the general fund so they could raid it, there wouldn't be a problem...
62 people like this.

Reply 6 - Posted by: Pearson365 7/27/2021 1:45:41 PM (No. 858923)
Both SS and Medicare are enormous Ponzi schemes, dependent in large part upon a large ratio of workers to retirees to cover these welfare plans. At the time of the enactment of SS, I believe FDR had a ratio of 135 workers contributing payroll taxes to cover the handful of retirees. And since the life expectancy of retirees in the 1950s-1970s was less than the actuarial assumption for average death of 65 years, funding wasn’t a problem. However, with far better medical care and a massive federal effort to end smoking, the life expectancy of men and women has greatly exceeded their presumed deaths. So, a far smaller ratio of workers contributing tax dollars to fund retirees who are living 15 to 20 years longer than anyone expected. Thus, a financial disaster that may be impossible to fix without enormous payroll tax increases, a large increase in initial retirement age, a freeze in benefits and even great cuts in medical payments to doctors and hospitals. Both of these welfare programs plus Medicaid have enormous costs, yet any attempt to reduce the benefits and/or raise the costs will be met with ugly protests and dire consequences. Everyone wants to benefit from Ponzi schemes and everyone wants to be the first investor to pull out. Ponzi was smarter than that.
18 people like this.

Reply 7 - Posted by: Thos Weatherby 7/27/2021 1:51:03 PM (No. 858933)
Yes cut Social Security, it's racist, Most people are White and Old.
19 people like this.

Reply 8 - Posted by: itsonlyme 7/27/2021 1:56:10 PM (No. 858941)
Should they decide to cut Social Security and Medicare, that's when....... Sorry, can't finish my statement Per legal counsel advice
20 people like this.

Reply 9 - Posted by: Lazyman 7/27/2021 2:10:03 PM (No. 858959)
So people with kids are getting the money from the old now. Redistribution of wealth works wonders.
25 people like this.

Reply 10 - Posted by: Starboard_side 7/27/2021 2:16:53 PM (No. 858969)
And, by all means, expand Medicare eligibility like Bernie the Socialist desires. Of course, they will simply raise the max limit on SS taxes to something like 500,000 instead of the $120,000-ish it is currently.
11 people like this.

Reply 11 - Posted by: BarryNo 7/27/2021 2:16:54 PM (No. 858970)
Try cutting the G-D Democrat budget!!!
18 people like this.

Reply 12 - Posted by: Pearson365 7/27/2021 2:20:01 PM (No. 858979)
Excuse 2nd post, but I believe the current ratio of workers to retirees is down to approximately 3 to 1 as FDR’s Ponzi scheme unravels. This ratio presents the classic socialist problem of how to pay for something when you’ve taken all the money.
19 people like this.

Reply 13 - Posted by: Jennie C. 7/27/2021 2:24:01 PM (No. 858984)
How about cutting welfare. I paid my payroll taxes, and so did my employers.
28 people like this.

Reply 14 - Posted by: stablemoney 7/27/2021 2:34:49 PM (No. 858996)
But first, we could quit funding the Palestinians, NATO, UN, the Democrat Party slush funds, the panty waisted Admirals and Generals wokeism, the state pension bailouts, the blue state bailouts, the union bailouts, paying teachers not to teach, paying other people's rent, buying windmills that don't produce any electricity, and paying for a bureaucracy that we do not need, and charging big corporations for all the favors at our expense.
28 people like this.

Reply 15 - Posted by: F15 Gork 7/27/2021 2:59:19 PM (No. 859026)
Hardly matters.....there is no money. We went bankrupt some time ago. Just waiting for the Chinamen to call in their markers and then we will officially become Venezuela.
20 people like this.

Reply 16 - Posted by: Venturer 7/27/2021 3:05:08 PM (No. 859035)
Passing out money like it was going out of style and cutting money to those who earned it. Thank you joe Biden and democrats
22 people like this.

Reply 17 - Posted by: msjena 7/27/2021 3:07:55 PM (No. 859042)
How about cutting the federal workforce, first? And freeze salaries and hiring.
25 people like this.

Reply 18 - Posted by: Daisymay 7/27/2021 3:08:37 PM (No. 859043)
Go Ahead! Make my Day! I'm 80, so I guess I'm one of those people the Government would like to get rid of. I dare them! Can you imagine how bad the will be beatdown will be in 2022? Already it looks like it will be a Landslide, but cut Medicare and SS and you will have a Tsunami! So, Bring it On!!
18 people like this.

Reply 19 - Posted by: Son of Grady 7/27/2021 3:09:47 PM (No. 859047)
Every problem this country has is the result of Government.
26 people like this.

Reply 20 - Posted by: J. Arthur Brown 7/27/2021 4:06:18 PM (No. 859091)
Sure. We need the money to pay for Mitt Romney's "infrastructure" bill.
13 people like this.

Reply 21 - Posted by: AntiStatist 7/27/2021 4:58:55 PM (No. 859140)
Because our intrepid Congress, over the years, expanded the SS and Medicare programs well beyond their sustainability, all for the short-term vote.
6 people like this.

Reply 22 - Posted by: AntiStatist 7/27/2021 5:05:16 PM (No. 859151)
And another thing- while paying into those programs (half and half employer) too many people come to look at SS as their main retirement program, when it was set up to be a mere supplement. And Medicare has become the budget-devouring monster conservatives warned us about long ago. Congress is to blame, but so are we.
2 people like this.

Reply 23 - Posted by: MickTurn 7/27/2021 5:06:29 PM (No. 859153)
All I can say is F all of them! Earned benefits are sacred, Unearned free stuff is just THEFT!
10 people like this.

Reply 24 - Posted by: 3XALADY 7/27/2021 7:44:50 PM (No. 859350)
Now they need more $$ for all the Africans they are FLYING into this country and for the ebola hospitals or whatever they will have to set up to take care of the africans. OR is Dr. Fraud working on getting ebola to everyone. He's testing it on monkeys. I saw a video recently, last comment was: they want us dead. I think I agree with that.
5 people like this.

Reply 25 - Posted by: ColonialAmerican1623 7/28/2021 1:09:49 AM (No. 859616)
Are they saying there is no "lock box" ? How about paying back what Congress took from SS.
2 people like this.

Reply 26 - Posted by: mifla 7/28/2021 5:25:43 AM (No. 859679)
But there was plenty of money to bail out the blue state pension funds.
4 people like this.

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Congress must consider cuts in Medicare
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