The long-threatened bankruptcy of Social Security is closing in, with just 6 years until benefits automatically cut by 25%. – Whatfinger News' General Dispatch
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Thursday / April 30.
HomeWhatfinger NewsThe long-threatened bankruptcy of Social Security is closing in, with just 6 years until benefits automatically cut by 25%.

The long-threatened bankruptcy of Social Security is closing in, with just 6 years until benefits automatically cut by 25%.

That’s a monthly cut of $900 for a typical American couple. Here’s how they built Social Security to fail.

  • You are completely misleading people. You assume that there is actually money in the Social Security Trust Fund. There is ZERO money in that account earning interest. How do I know that? Because I follow and know David Walker, the former Comptroller of the USA (CPA of the USA) under both Clinton and Bush. Social Security is a pay as you go system, meaning it is paid by tax revenue that is currently coming into the General Account. And no, Social Security will not get cut by 25% automatically. That’s completely false. They will get 100% of their benefit but they will print the money to produce it, so it just won’t buy as much. No Congressional person would ever sign off on reducing benefits. It’s common sense. – Peter nelson
  • Why is it we never run out of money for: 1) Welfare 2) Foreign aid to people who HATE us 3) Graft & Corruption – Roger D
  • It’s not because working ppl are getting it. It’s all the fake SSI disability freeloaders emptying the bank. Ppl on SSI for headaches, depression, drug and alcohol addiction and 100 other scams. – Matt M
  • If we eliminate all the fraud and theft the entire financial picture changes. If federal taxes on citizens are eliminated the program for people of a certain age and below can likely be eliminated as well. If we can’t fix the fraud and theft problem then all the other problems get bigger faster.
  • Congress should *Double FICA tax the J-1 and other visa workers that are now exempt from FICA and put that into to fund (do NOT make them eligible for soc sec) *PAUSE the H1Bs until all of our young workers are employed. We have too many people out of the workforce. *Continue to DOGE the fraud out of it and out of the disability claims *Recover the Learing centers fraud $ and put back into fund *Earmark certain tariffs to go directly to Soc Sec fund
  • Worst investment ever! Not only has it been miss managed and stolen from, it can’t even provide a good return. You pay in from the time your 16 to 65 and you could have done so much better than this crap. Further more, you pass away and your family doesn’t even benefit. Stupid!!! – KAG
  • It was never about beneficiaries, it was always just a tax. Later congresses used it as bribery of old people to get re-elected.

  • Removing all the foreigners receiving Social Security benefits would help a lot. Same with Medicare/Medicaid. A law requiring Congress to manage the fund with the same acumen they use for their personal investments rather than raiding it would help too. – Chris A
  • Just wait until the millions of Americans who were once whole, but are now permanently damaged and disabled due to both Long Covid and Long Vax, suffering from POTS, MECFS, MCAS, and many other sub-forms/diagnoses, complete applications for SSDI benefits. This vulnerable population is permanently injured post-COVID-19, a purposefully bioengineered weapon our OWN United States government funded and created! – Jane CS

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