Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
The Only solution for USA Medical Mess is Bernie Sanders Proposal.
He is your only chance:
Most people aren't in a "medical mess," just as the overwhelming majority of Americans were happy with their insurance and medical care when OBAMA tinkered with it (hence, the If you like your plan, doctor, etc. "assurance" which followed).
And if a "medical mess" should ever ensue for them, they'd be wise not to buy into the croakings of an old socialist parasite like Sanders.
Trump and GOP eager to kill Medicare and end health care for 22 million seniors/ disabled
Not only that, McConnell came right out a couple of weeks ago and openly declared that if the GOP maintained congress, they'd get right to work on dismantling social security and medicare.
He claimed they "are the reason for the unsustainable deficit" created by the GOP's huge tax cuts for billionaires and corporations.
Hey, Mitch...
Both social security and medicare are self-funded by separate taxes and don't add to the deficit unless the GOP congress raids those funds and doesn't replace them.
Not only that, McConnell came right out a couple of weeks ago and openly declared that if the GOP maintained congress, they'd get right to work on dismantling social security and medicare.
He claimed they "are the reason for the unsustainable deficit" created by the GOP's huge tax cuts for billionaires and corporations.
Hey, Mitch...
Both social security and medicare are self-funded by separate taxes and don't add to the deficit unless the GOP congress raids those funds and doesn't replace them.
The possibility is that the GOP will not allow the Treasury to pay off the bonds purchased. They will make a claim about how those bonds are not part of the debt.
In fact Trump claims to be the king of debt. He just does not pay.
Not only that, McConnell came right out a couple of weeks ago and openly declared that if the GOP maintained congress, they'd get right to work on dismantling social security and medicare.
He claimed they "are the reason for the unsustainable deficit" created by the GOP's huge tax cuts for billionaires and corporations.
Hey, Mitch...
Both social security and medicare are self-funded by separate taxes and don't add to the deficit unless the GOP congress raids those funds and doesn't replace them.
Once again, another liberal rag that obviously doesn't have enough money to hire people to make a video, and we are supposed to believe what they print?
Once again, another liberal rag that obviously doesn't have enough money to hire people to make a video, and we are supposed to believe what they print?
Yeah, right.
Bob.
You just don't get it, Bob.
Doesn't matter if you "believe it" or not.
It happened and it was widely covered by the press.
They believe that by putting out lies about how they support people with pre-existing conditions that's all they need.
They have tried 70 times to get rid of the regulations of the ACA. Now just about everyone of those politicians are relying on the lawsuit trying to get rid of them.
The lawsuit supported by Trump, his DOJ and states which did not take the Medicaid expansion.
They believe that by putting out lies about how they support people with pre-existing conditions that's all they need.
They have tried 70 times to get rid of the regulations of the ACA. Now just about everyone of those politicians are relying on the lawsuit trying to get rid of them.
The lawsuit supported by Trump, his DOJ and states which did not take the Medicaid expansion.
The GOP has typically supported pre-existing by letting these patients join with their own high risk group policy/program. With limited central supports/subsidies.
Both social security and medicare are self-funded by separate taxes and don't add to the deficit unless the GOP congress raids those funds and doesn't replace them.
false..they(SS and medicare) add to the debt/deficit because their output is more than their input
SS has been in the rears since 2007
Medicare spending was 15 percent of total federal spending in 2017, and is projected to rise to 18 percent by 2028.
Based on the latest projections in the 2018 Medicare Trustees report, the Medicare Hospital Insurance (Part A) trust fund is projected to be depleted in 2026, three years earlier than the 2017 projection. In 2017, Medicare benefit payments totaled $702 billion, up from $425 billion in 2007.
Part A is financed primarily through a 2.9 percent tax on earnings paid by employers and employees (1.45 percent each) (accounting for 81 percent of Part A revenue). Higher-income taxpayers (more than $200,000/individual and $250,000/couple) pay a higher payroll tax on earnings (2.35 percent). (19% comes from the general fund, to pay out the difference (thus adding to the deficit))
Part B is financed through general revenues (71 percent), beneficiary premiums (27 percent), and interest and other sources (2 percent). Beneficiaries with annual incomes over $85,000/individual or $170,000/couple pay a higher, income-related Part B premium reflecting a larger share of total Part B spending, ranging from 35 percent to 80 percent; the BBA of 2018 created a new premium level of 85 percent for those with incomes at or above $500,000/individual and $750,000/couple, which will take effect in 2019. (71% from the general fund, adding to the deficit)
Part D is financed by general revenues (73 percent), beneficiary premiums (15 percent), and state payments for beneficiaries dually eligible for Medicare and Medicaid (11 percent). Higher-income enrollees pay a larger share of the cost of Part D coverage, as they do for Part B. (73% from the general fund, adding to the deficit)
false..they(SS and medicare) add to the debt/deficit because their output is more than their input
SS has been in the rears since 2007
Medicare spending was 15 percent of total federal spending in 2017, and is projected to rise to 18 percent by 2028.
Based on the latest projections in the 2018 Medicare Trustees report, the Medicare Hospital Insurance (Part A) trust fund is projected to be depleted in 2026, three years earlier than the 2017 projection. In 2017, Medicare benefit payments totaled $702 billion, up from $425 billion in 2007.
Part A is financed primarily through a 2.9 percent tax on earnings paid by employers and employees (1.45 percent each) (accounting for 81 percent of Part A revenue). Higher-income taxpayers (more than $200,000/individual and $250,000/couple) pay a higher payroll tax on earnings (2.35 percent). (19% comes from the general fund, to pay out the difference (thus adding to the deficit))
Part B is financed through general revenues (71 percent), beneficiary premiums (27 percent), and interest and other sources (2 percent). Beneficiaries with annual incomes over $85,000/individual or $170,000/couple pay a higher, income-related Part B premium reflecting a larger share of total Part B spending, ranging from 35 percent to 80 percent; the BBA of 2018 created a new premium level of 85 percent for those with incomes at or above $500,000/individual and $750,000/couple, which will take effect in 2019. (71% from the general fund, adding to the deficit)
Part D is financed by general revenues (73 percent), beneficiary premiums (15 percent), and state payments for beneficiaries dually eligible for Medicare and Medicaid (11 percent). Higher-income enrollees pay a larger share of the cost of Part D coverage, as they do for Part B. (73% from the general fund, adding to the deficit)
Feel free to support the GOP's efforts to smash both programs, then.
Or, support easy measures to fully fund them. Like ending the cap on SSI contributions.
I entered 1966 as a date, with 2028 (62) as retirement... 50k earnings get you 1100, while 127k (current cap) earnings get you 1900
I entered 1966 as a date, with 2033 (67) as retirement... 50k earnings get you 1660, while 127k (current cap) earnings get you 2798
getting rid of the cap(contribution cap) also negates the payout cap(by law all the way from FDR)...will cause SS to go under even faster
they don't realize they CAN'T, the system was set up that the cap is for both ends
they don't realize that currently the guy who makes exactly 127k pays 6+% (plus the employers 6+%) into SS, and the guy who makes 1 million pays exactly the same 6+% of 127K....and at retirement the millionaire AND the 127k guy will get exactly the same (the max payout)................if they take the cap out......the guy who make a million will get a BIGGER payout at retirement, because he would have CONTRIBUTED 6+% of a million, not 127k
I don't understand the idiots who say "take the cap off"....guess what..the payroll deduction cap is CONNECTED to the PAYOUT cap...you take one the other comes with it....removing the cap will increase the payout to a rich guy..making ss even LESS SOLVENT
people supporting raising/eliminating the cap are about giving the benefit to the rich, not the poor
=========================================
just raise the age...just like when the re-adjusted it in 1983
In 1983, the last time there was federal action to address Social Security’s financial problems, it included gradually increasing the retirement age from 65 to 67–emphasis on g-r-a-d-u-a-l-l-y.
The first increase didn’t kick in until 20 years later, in 2003 when the full retirement age jumped from 65 to 65 and two months. It’s been rising slowly since then, and won’t get to 67 until 2027.
do it again raising it 70/75 taking effect for those that would retire in 2055ish
the program WAS DESIGNED to kick in at 62 when the AVERAGE LIFE SPAN was 60
raising the full amount age to 70 or 72 would not be a big deal for the individuals (as we can still get partial at 62) but it would be a huge savings
the average life expectancy for ALL americans (not gender specific) is 79.2, with females crossing the 80 mark and males being at 78.6
the average life expectancy when SS came into effect was less than 60
to KEEP UP with its original intent they should raise the age of FULL qualification to about 80.....again you can start collecting at 62 still
something has to be done...
raise the age to 70-74 (for those just entering the workforce ..ie. people born after 1995-99)..makes the most sense
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.