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Old 11-09-2016, 08:45 AM
 
Location: Beautiful Rhode Island
6,854 posts, read 11,123,467 times
Reputation: 6837

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Trump's proposed 13.5% across-the-board cut in federal spending would result in a cut to Social Security that would reduce the average monthly benefit by $182, from $1,360 in 2017 to $1,177.

If you are a retiree who voted for him- did you not know what his policies were?

 
Old 11-09-2016, 08:47 AM
 
Location: SoCal
13,236 posts, read 6,340,776 times
Reputation: 9854
I don't think so. He said he would never do anything to SS. All scare mongering.
 
Old 11-09-2016, 09:12 AM
 
2,678 posts, read 1,544,220 times
Reputation: 2587
How can one possibly forecast across the board cuts at this point in time? It takes two - congress and the prez.

Pay more attention to Paul Ryan's plans. That's where the damage will come from. Yes, SS is vulnerable, but how? We can't say yet.
 
Old 11-09-2016, 10:53 AM
 
Location: Scottsdale, AZ
7,675 posts, read 4,719,031 times
Reputation: 28119
Quote:
Originally Posted by Hollytree View Post
Trump's proposed 13.5% across-the-board cut in federal spending would result in a cut to Social Security that would reduce the average monthly benefit by $182, from $1,360 in 2017 to $1,177.

If you are a retiree who voted for him- did you not know what his policies were?
Yes, I do.

I also know that the 13.5% cut was proposed by Carmel Martin of the Center for American Progress Action Fund. It has nothing to do with Trump other than the fact Martin wanted to smear him with it.

Last paragraph:

http://www.13newsnow.com/ext/news/na...N6WqAWm4W4UUci
 
Old 11-09-2016, 11:07 AM
 
Location: Central Massachusetts
4,800 posts, read 4,850,322 times
Reputation: 6379
Until taking office as president speculation of what he will do is just that, speculation. president proposes the congress disposes.
 
Old 11-09-2016, 11:09 AM
 
Location: Grove City, Ohio
10,134 posts, read 12,390,523 times
Reputation: 13984
Quote:
Originally Posted by Hollytree View Post
Trump's proposed 13.5% across-the-board cut in federal spending would result in a cut to Social Security that would reduce the average monthly benefit by $182, from $1,360 in 2017 to $1,177.

If you are a retiree who voted for him- did you not know what his policies were?
Cutting taxes has always resulted in more money to the treasury and not less.

For example President Kennedy pushed through some pretty massive tax cuts in 1962


https://www.youtube.com/watch?v=aEdXrfIMdiU

Now let's see what happened in real life.

In 1961 we had wonderful high tax rates that many on the left would be very proud have.



After the tax cuts



Yes, tax rates went down in terms of percentage of GDP but income actually rose because there was more activity.

Every time we have had tax cuts we have enjoyed economic prosperity. It is not a zero sum game.

Mathjak?
 
Old 11-09-2016, 11:11 AM
 
7,982 posts, read 3,468,264 times
Reputation: 11233
Come on people, NOW, your worried? WOW! Next time read the platform online before casting your vote. Medicare is in jeopardy also. Remember, you are takers according to the Republican Party. They have a list of things they are going to get rid of.....
 
Old 11-09-2016, 11:34 AM
 
Location: Seattle/Dahlonega
547 posts, read 388,606 times
Reputation: 1553
Poppycock
 
Old 11-09-2016, 11:58 AM
 
4,649 posts, read 6,484,851 times
Reputation: 5394
Don't forget Medicare and Medicare advantage. Then there's potential new taxes on retirement funds or plans. You know social security at some point will go to wall street.
 
Old 11-09-2016, 12:21 PM
 
Location: Long Neck , DE
4,903 posts, read 3,036,093 times
Reputation: 8025
Why worry? This will still be pretty much the same Congress that could not agree on anything.
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