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I just watched Trump talking to the presstitutes. He said the money will NOT come out of Social Security, he's taking it from the General Fund.
Now you can rest easy.
I saw that too. Since President Trump issued an Executive action (from him being the Executive Branch head), things fall on him with this. He then owes it to Seniors on Social Security and Medicare, those soon to be (as well as our youth) to explain how reducing, deferring (with promise of outright elimination if re-elected) or outright cutting out of taxes that fund these programs will not affect said programs and those said benefits all the while, decreasing debt, which is a Republican pillar.
Since President Trump issued an Executive action (from him being the Executive Branch head), things fall on him with this and he owes it to Seniors on Social Security and Medicare, those soon to be (as well as our youth) to explain how cutting out payroll taxes that fund these programs will not affect said programs and those said benefits all the while, decreasing debt, which is a Republican pillar.
Watch the White House youtube videos to keep up. Presstitutes might ask about it as a 'gotcha' question. Anything related to money, Sec. Mnuchin or economic advisor Larry Kudlow might speak about it. Trump is a businessman who has proven how creative he is with finding unused money hidden in the bloated budget. Look at The Wall for example.
Dems always drag out that old chestnut, Republicans will defund Social Security and Medicare! Hasn't happened yet. Don't fall for it. What you should be worried about is Dems splitting those pies to give illegals those unearned benefits. Wake up and #WalkAway
I just watched Trump talking to the presstitutes. He said the money will NOT come out of Social Security, he's taking it from the General Fund.
Now you can rest easy.
What do you mean? Explain.
Social Security is not supported by the US Treasury. It is supported by employee and employer contributions according to a sliding scale based upon the individual worker's earnings, and the recipient of those funds later is paid according to their historic earnings over their working life. This has nothing to do with the general fund so I would like an explanation.
Trump is a businessman who has proven how creative he is with finding unused money hidden in the bloated budget. Look at The Wall for example.
If that truly is his intention is this not robbing peter to pay Paul? Eventually will someone have to pay the Piper? If it indeed is an issue of a "bloated budget" does that not mean that money that is in there got there somehow? How did that money get there?
If I (or anyone) has a bank account with "X" dollars in it and I reduce the amount going into that account and I now take out more then that amount going into it, what will eventually happen to said bank account?
I'm asking all these questions because I truly do not logically understand how either these beneficial programs can remain as they are or how we do not contentiously fall further into debt if we continuously cut funding (in this case taxes) to said bank account (these beneficial programs).
I saw that too. Since President Trump issued an Executive action (from him being the Executive Branch head), things fall on him with this. He then owes it to Seniors on Social Security and Medicare, those soon to be (as well as our youth) to explain how reducing, deferring (with promise of outright elimination if re-elected) or outright cutting out of taxes that fund these programs will not affect said programs and those said benefits all the while, decreasing debt, which is a Republican pillar.
Well since Obama cut the payroll tax in 2011 and 12, did you and the dems complain about that? Money was transferred from the general fund to SS. From 1 pot to another. If trump is deferring the payroll tax for the rest of the year for those under a specific income, that money will come due unless congress does something about it. Either at the end of the year or with next years taxes. Nothing is free. It gets repaid in one form or another.
If congress would do their job then the executive branch wouldn't have to govern by pen and paper. I believe the president will succeed/be affirmed with this process, and 'force' compromise in congress.
Congress gives away their authority by doing nothing, except for political gain. They're all guilty of partisanship.
Term Limits & Balanced budgets, is our only hope.
I don't agree. EO's aside I don't think the executive branch has the constitutional authority for modifying spending to the degree they are attempting. It was a s-t-r-e-t-c-h when they diverted specifically appropriated funding for the border wall- this is a degree worse than that.
As far as EO's- Obama was vilified for it and so should Trump. I don't care if Congress didn't move fast enough- that's not an excuse to have a 'King' issue a decree in the form of an EO. We should (as constituents) be pressing our congressional's to figure out a compromise and get back to work.
I'm incensed we don't have a balanced budget, and I'm incensed a Republican Senate and White House allowed our debt to explode prior to the pandemic. I totally get that federal spending should be used as a tool to help stimulate the economy when times are bad, but when times are good? This country should be focused on reducing or eliminating the debt.
I don't agree. EO's aside I don't think the executive branch has the constitutional authority for modifying spending to the degree they are attempting. It was a s-t-r-e-t-c-h when they diverted specifically appropriated funding for the border wall- this is a degree worse than that.
As far as EO's- Obama was vilified for it and so should Trump. I don't care if Congress didn't move fast enough- that's not an excuse to have a 'King' issue a decree in the form of an EO. We should (as constituents) be pressing our congressional's to figure out a compromise and get back to work.
I'm incensed we don't have a balanced budget, and I'm incensed a Republican Senate and White House allowed our debt to explode prior to the pandemic. I totally get that federal spending should be used as a tool to help stimulate the economy when times are bad, but when times are good? This country should be focused on reducing or eliminating the debt.
This debt is absolutely pornographic.
We're probably not that far apart on how we see the issue. However I don't use words like 'king' or 'decree' to describe what the executive branch does.
I saw that too. Since President Trump issued an Executive action (from him being the Executive Branch head), things fall on him with this. He then owes it to Seniors on Social Security and Medicare, those soon to be (as well as our youth) to explain how reducing, deferring (with promise of outright elimination if re-elected) or outright cutting out of taxes that fund these programs will not affect said programs and those said benefits all the while, decreasing debt, which is a Republican pillar.
Did you say Obama owed it to seniors when he did it?
Did you say Obama needed to explain why he said social security was fine in public and poo-pooed reform efforts, but privately told McConnell it just wasn't on his agenda?
Wrong. SS is supported by Federal tax revenue in whichever form it takes. There is no SS "lock box."
You are totally wrong. There is a social security fund. Its not a "lock box," but it is a fund.
It doesn't have enough to meet future projected obligations. And there is no legal obligation for the government to meet that shortfall.
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