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BREAKING: Republicans Announce Plans For Drastic Cuts To Social Security, Raise Retirement Age

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BREAKING: Republicans Announce Plans For Drastic Cuts To Social Security, Raise Retirement Age

Now that Republicans retain control of the Executive Branch and both the House and the Senate, sweeping changes are about to be voted on.

Chairman Sam Johnson, the Republican Chairman of the Social Security Subcommittee of Ways and Means, just introduced a bill that would deeply cut Social Security as we today know it, not to mention his intention to raise the retirement age from 67 to 69.

If the bill passes, which many expect that it will in some form, it will affect all Americans 49 and younger.

As soon as the bill was put on the floor, Nancy Pelosi released the following statement, on behalf of Democrats everywhere calling attention to the fact that Medicare was also under attack:

“Apparently nothing upsets House Republicans like the idea of hard-working people getting to enjoy a secure and dignified retirement. While Speaker Ryan sharpens his knives for Medicare, Chairman Johnson’s bill is an alarming sign that Republicans are greedily eying devastating cuts to Americans’ Social Security benefits as well.

Cutting Social Security would have devastating consequences for Americans’ retirement security. At a time when Americans are more anxious about their retirement than ever, the top Republican on the Social Security Subcommittee is rolling out legislation that cuts benefits by more than a third, raises the retirement age from 67 to 69, cuts seniors’ cost of living adjustments, and targets benefits for the families of disabled and retired workers.

Slashing Social Security and ending Medicare are absolutely not what the American people voted for in November. Democrats will not stand by while Republicans dismantle the promise of a healthy and dignified retirement for working people in America.”

Vice President-Elect Pence And Incoming White House Chief Of Staff Priebus Meet With Speaker Ryan
Getty Images

In total, the bill would implement 15 changes for Social Security – no small thing. Here’s the first ten:


(link to pdf: https://www.ssa.gov/oact/solvency/SJohnson_20161208.pdf)


Congressman Johnson ironically also calls it his “Plan To Permanently Save Social Security” even though it will be phasing out benefits for seniors.

Trump has previously said on the campaign trail before being elected that he would not touch Medicare or Social Security – but has already went (sic) back on his promise for Medicare, saying that legislation and changes would be in the works. It wouldn’t be surprising for him to say the same thing in regards to Social Security.



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http://news.groopspeak.com/breaking-republicans-announce-plans-for-drastic-cuts-to-social-security-raise-retirement-age/


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FT it's no doubt they want to cut ss and Medicare and introduce death panels, but I have searched for over 30 minutes to find other sources and while they have talked about it in Dec and January I cannot find any legislation that has been introduced.

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There was a senator in Tx named Johnson who did introduce a bill like this but I don't think it got anywhere or maybe it was put on the back burner until all the Russia stuff is over.

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www.groopthink.com

LMAO

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It is April Fools Day? The link in the first post did not work for me. I did find this from Mother Jones but it is from last December.

Of course if SS needs saving the quickest way would be to take the cap off of the contributions, pull in more money from the high earners but of course the top dogs don't want that.


http://www.motherjones.com/contributor/2016/12/republicans-want-to-cut-social-security

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PkrBum wrote:www.groopthink.com

LMAO

It happens to be an actual bill, Dilbert.

https://www.ssa.gov/oact/solvency/

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othershoe1030 wrote:Of course if SS needs saving the quickest way would be to take the cap off of the contributions, pull in more money from the high earners but of course the top dogs don't want that.

Agree 100% -- but you're right, it'll never happen with a Republican Congress.

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whether your right, left or in between sign the following petition to save ss.

https://secure.ncpssm.org/content/protect-social-security-all-beneficiaries-fy172?vc_digital=33&ui_digital=206&utm_source=facebook&utm_medium=social_ad&utm_content=facebook_ad_206&utm_campaign=fy17_email_acquisition&utm_term=TLC-video_control&origin=1077

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Vikingwoman wrote:There was a senator in Tx named Johnson who did introduce a bill like this but I don't think it got anywhere or maybe it was put on the back burner until all the Russia stuff is over.

I knew about this back in December but his bill never went anywhere, I suppose it could get re introduced. But the do want to cut the COLA.

What's that old saying: I got mine and your're not going to get yours? This is how the congress and executive branch is operating these days.

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