Author Topic: Trump outlines a significant Social Security cut in his 2020 budget  (Read 630 times)

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Offline ABX

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It is a good start. Time to take a chainsaw to entitlements.

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This past Monday, March 11, President Trump unveiled his fiscal 2020 budget proposal for the federal government. As a reminder, fiscal years for the federal government end on Sept. 30 and begin on Oct. 1. Unveiling a budget months in advance of the actual implementation is supposed to allow Congress to make tweaks, as needed, to get a yearlong budget passed....

https://www.msn.com/en-us/money/retirement/trump-outlines-a-significant-social-security-cut-in-his-2020-budget/ar-BBUKQ48?ocid=spartanntp



Online Smokin Joe

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Re: Trump outlines a significant Social Security cut in his 2020 budget
« Reply #1 on: March 14, 2019, 01:11:53 PM »
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In particular, political opponents of the president focused on a handful of proposed cuts to social programs, which go against Trump's campaign promises in 2016 not to touch so-called entitlement programs like Medicare and Social Security.

Contained within the president's budget were calls for about $1.5 trillion in cuts to Medicaid over the next 10 years, which would be achieved by moving payouts to block grants; an $845 billion reduction to Medicare spending over the next decade that targets a decrease in wasteful spending via lower prescription drug costs; and -- surprise -- a roughly $26 billion decrease in Social Security spending over the next 10 years.
Big change to Social Security's disability program

While Trump's budget proposal aims to curtail a number of perceived inefficiencies with the Social Security program, the bulk of the savings ($10 billion total between 2020 and 2029) are expected to be realized from a single change to the Social Security Disability Insurance program.

I must question calling something people paid for an "entitlement", either that or find something else to call welfare.
In this case, there are some intelligent changes that can be made to the programs which will save money, but I'd bet that some real savings could be realized if those not Citizens were no longer eligible for (or limited in the duration of) welfare benefits.
« Last Edit: March 14, 2019, 01:17:10 PM by Smokin Joe »
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Offline Jazzhead

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Re: Trump outlines a significant Social Security cut in his 2020 budget
« Reply #2 on: March 14, 2019, 01:22:22 PM »
I must question calling something people paid for an "entitlement", either that or find something else to call welfare.
In this case, there are some intelligent changes that can be made to the programs which will save money, but I'd bet that some real savings could be realized if those not Citizens were no longer eligible for (or limited in the duration of) welfare benefits.

Regarding Social Security, illegal immigrants with phony SSNs have somewhat notoriously been propping it up,  with they (and their employers) paying into the system but ineligible to collect benefits. For 2010, for example,  the Social Security Administration estimated that illegal immigrants and their employers paid $13 billion in required social security payroll taxes! 
« Last Edit: March 14, 2019, 01:25:20 PM by Jazzhead »
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Offline jafo2010

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Re: Trump outlines a significant Social Security cut in his 2020 budget
« Reply #3 on: March 14, 2019, 01:25:16 PM »
Disability has been abused for many years.  1 in 8 are out on disability.  Pure nonsense.

And the abuse in Medicare and Medicaid is rampant, and the government has done very little for decades to stop it.

And Social Security is not an entitlement.  Money into SS comes directly from the wages of workers paying into it.  And the real return for that investment is about 1%.  Congress betrayed Americans once again by providing Social Security for many who never paid a dime into the program.  Insanity!  Yet I know a number of Americans that did not work 40 months and got nothing.  One friend was short 3 months and never collected a dime.  Fortunately for her, her husband had an executive position where the compensation was very nice.
 
I also know many immigrants ciollecting SS and never paid a dime into it to be eleigble.  This is flat out wrong.  Again, Congress stealing the funds in SS earmarked for American workers and giving it away to others.
« Last Edit: March 14, 2019, 01:27:12 PM by jafo2010 »

Online Smokin Joe

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Re: Trump outlines a significant Social Security cut in his 2020 budget
« Reply #4 on: March 14, 2019, 01:26:50 PM »
Regarding Social Security, illegal immigrants with phony SSNs have somewhat notoriously been propping it up,  with they (and their employers) paying into the system but ineligible to collect benefits.   
I have paid in since I was 14. Don't think those illegals haven't found a way to get money out, too. Why are they (in their allegedly miniscule numbers) "notoriously propping up" something most working Americans have paid into their whole lives?

Most work for cash.
How God must weep at humans' folly! Stand fast! God knows what he is doing!
Seventeen Techniques for Truth Suppression
And I looked, and rose up, and said unto the nobles, and to the rulers, and to the rest of the people, Be not ye afraid of them: remember the Lord, which is great and terrible, and fight for your brethren, your sons, and your daughters, your wives, and your houses. Nehemiah 4:14 (KJV)

About the only "Big" Liberals don't revile is "Big Government"

Offline Jazzhead

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Re: Trump outlines a significant Social Security cut in his 2020 budget
« Reply #5 on: March 14, 2019, 01:27:45 PM »
I also know many immigrants ciollecting SS and never paid a dime into it to be eligble. 

That's incorrect.  To collect Social Security you must pay into it.   Actually, as explained in my post above, the exact opposite is true.   Illegals help support the SS trust fund,  but aren't eligible for benefits.   
"He was born poor, died rich, and never hurt anyone along the way"

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Offline Jazzhead

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Re: Trump outlines a significant Social Security cut in his 2020 budget
« Reply #6 on: March 14, 2019, 01:29:52 PM »
I have paid in since I was 14. Don't think those illegals haven't found a way to get money out, too. Why are they (in their allegedly miniscule numbers) "notoriously propping up" something most working Americans have paid into their whole lives?

Most work for cash.

Some work for cash.   But plenty pay SS taxes along with their employers.  To the tune of at least $13 billion a year.  That's not "miniscule".   They help pay to support YOUR Social Security;  they cannot collect themselves.   
"He was born poor, died rich, and never hurt anyone along the way"

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Online Smokin Joe

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Re: Trump outlines a significant Social Security cut in his 2020 budget
« Reply #7 on: March 14, 2019, 01:32:46 PM »
Some work for cash.   But plenty pay SS taxes along with their employers.  To the tune of at least $13 billion a year.  That's not "miniscule".   They help pay to support YOUR Social Security;  they cannot collect themselves.   
LOL! At the rate this sh*t is going, by the time I can collect, there won't be any.
How God must weep at humans' folly! Stand fast! God knows what he is doing!
Seventeen Techniques for Truth Suppression
And I looked, and rose up, and said unto the nobles, and to the rulers, and to the rest of the people, Be not ye afraid of them: remember the Lord, which is great and terrible, and fight for your brethren, your sons, and your daughters, your wives, and your houses. Nehemiah 4:14 (KJV)

About the only "Big" Liberals don't revile is "Big Government"

Offline jafo2010

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Re: Trump outlines a significant Social Security cut in his 2020 budget
« Reply #8 on: March 14, 2019, 01:34:50 PM »
I think part of the reason Congress has done nothing on illegal invading aliens is because the real number is much higher than what we are told.  They have been saying 11-12 million for over a decade, and in that time alone, there has been that many come across the border.  I suspect the real number is upwards of 30-40 million.

They are everywhere now.  To give them blanket amnesty is a betrayal to those that come here legally and wait many years and spend large sums of money to get here.

The only answer is that they must return to their country first and apply like everyone else.  Short of that, they should be deported. 

And the Democommies saying it is not a crisis are betraying the USA citizenry with that mindset, but they are good at doing that.

Offline Jazzhead

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Re: Trump outlines a significant Social Security cut in his 2020 budget
« Reply #9 on: March 14, 2019, 01:46:09 PM »
I think part of the reason Congress has done nothing on illegal invading aliens is because the real number is much higher than what we are told.  They have been saying 11-12 million for over a decade, and in that time alone, there has been that many come across the border.  I suspect the real number is upwards of 30-40 million.

They are everywhere now.  To give them blanket amnesty is a betrayal to those that come here legally and wait many years and spend large sums of money to get here.


Either you decide to address the problem, or just continue to talk about it while it gets worse.    Amnesty will be part of any realistic solution.   The numbers you cite are the reason why.   
"He was born poor, died rich, and never hurt anyone along the way"

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Offline Jazzhead

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Re: Trump outlines a significant Social Security cut in his 2020 budget
« Reply #10 on: March 14, 2019, 01:48:34 PM »
LOL! At the rate this sh*t is going, by the time I can collect, there won't be any.

The SS funding crisis is less challenging to solve than the Medicare funding crisis.   Of course, it was real easy to solve a few years ago.   The longer we wait, the more we risk having to cut benefits.    At least this is a problem where our unwillingness to address illegals is actually helping!   
"He was born poor, died rich, and never hurt anyone along the way"

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"Not forever.  Just for now"

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Online Smokin Joe

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Re: Trump outlines a significant Social Security cut in his 2020 budget
« Reply #11 on: March 14, 2019, 01:50:11 PM »
The SS funding crisis is less challenging to solve than the Medicare funding crisis.   Of course, it was real easy to solve a few years ago.   The longer we wait, the more we risk having to cut benefits.    At least this is a problem where our unwillingness to address illegals is actually helping!
No, it isn't helping, it is only delaying the inevitable. On balance, the illegals will cost more. Get the illegals out.
How God must weep at humans' folly! Stand fast! God knows what he is doing!
Seventeen Techniques for Truth Suppression
And I looked, and rose up, and said unto the nobles, and to the rulers, and to the rest of the people, Be not ye afraid of them: remember the Lord, which is great and terrible, and fight for your brethren, your sons, and your daughters, your wives, and your houses. Nehemiah 4:14 (KJV)

About the only "Big" Liberals don't revile is "Big Government"

Offline XenaLee

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Re: Trump outlines a significant Social Security cut in his 2020 budget
« Reply #12 on: March 14, 2019, 02:28:15 PM »
Regarding Social Security, illegal immigrants with phony SSNs have somewhat notoriously been propping it up,  with they (and their employers) paying into the system but ineligible to collect benefits. For 2010, for example,  the Social Security Administration estimated that illegal immigrants and their employers paid $13 billion in required social security payroll taxes!

Big damned deal.   They're getting off light, tax-wise, by only paying SSN taxes.  And... they are committing FRAUD.  Cry me a river.
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Offline IsailedawayfromFR

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Re: Trump outlines a significant Social Security cut in his 2020 budget
« Reply #13 on: March 14, 2019, 07:30:52 PM »
That's incorrect.  To collect Social Security you must pay into it.   Actually, as explained in my post above, the exact opposite is true.   Illegals help support the SS trust fund,  but aren't eligible for benefits.
And you do not know what you are talking about.

One does not have to pay into it.  My spouse is collecting and never made any payments.
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Offline libertybele

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Re: Trump outlines a significant Social Security cut in his 2020 budget
« Reply #14 on: March 14, 2019, 07:55:04 PM »
That's incorrect.  To collect Social Security you must pay into it.   Actually, as explained in my post above, the exact opposite is true.   Illegals help support the SS trust fund,  but aren't eligible for benefits.

I declare B.S.  Bigly!
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Offline Snarknado

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Re: Trump outlines a significant Social Security cut in his 2020 budget
« Reply #15 on: March 14, 2019, 08:13:35 PM »
Wise move to propose common-sense tightening of disability rules. Everyone knows someone who is cheating the system, and very few condone it.
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Offline Jazzhead

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Re: Trump outlines a significant Social Security cut in his 2020 budget
« Reply #16 on: March 14, 2019, 10:35:09 PM »
Quote from: IsailedawayfromFRlink=topic=354659.msg1938546#msg1938546 date=1552606252
And you do not know what you are talking about.

One does not have to pay into it.  My spouse is collecting and never made any payments.

Kindly explain.   Unless your status is that of a beneficiary,   you have to pay into the system to collect benefits.
"He was born poor, died rich, and never hurt anyone along the way"

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Offline Snarknado

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Re: Trump outlines a significant Social Security cut in his 2020 budget
« Reply #17 on: March 15, 2019, 08:43:56 AM »
Kindly explain.   Unless your status is that of a beneficiary,   you have to pay into the system to collect benefits.

I think the point is that you can be a beneficiary without ever paying anything into the system. e.g. some people question the fairness of a spouse who never worked collecting more than someone who paid into the system for 45 years...
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Offline Jazzhead

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Re: Trump outlines a significant Social Security cut in his 2020 budget
« Reply #18 on: March 15, 2019, 09:19:30 AM »
I think the point is that you can be a beneficiary without ever paying anything into the system. e.g. some people question the fairness of a spouse who never worked collecting more than someone who paid into the system for 45 years...

Huh?    If you buy an insurance policy and your beneficiary receives the proceeds, how is that unfair?   

Would you prefer that SS cut benefits for beneficiaries?    As with any traditional pension,  it is quite common for a worker to pay in for 40 years, and then die before he's old enough to collect, or less than a year after he starts to collect.   What's unfair to allow his widow to receive payments in that situation?

A bit less deliberate misinformation about Social Security would be appreciated.   

"He was born poor, died rich, and never hurt anyone along the way"

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Offline IsailedawayfromFR

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Re: Trump outlines a significant Social Security cut in his 2020 budget
« Reply #19 on: March 15, 2019, 09:35:52 AM »
Kindly explain.   Unless your status is that of a beneficiary,   you have to pay into the system to collect benefits.
How about reading what is on the Social Security website instead of me educating you?

https://faq.ssa.gov/en-US/Topic/article/KA-02011

You can also ask the millions of folks out there receiving SS and did not pay in.
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Offline Jazzhead

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Re: Trump outlines a significant Social Security cut in his 2020 budget
« Reply #20 on: March 15, 2019, 09:46:37 AM »
How about reading what is on the Social Security website instead of me educating you?

https://faq.ssa.gov/en-US/Topic/article/KA-02011

You can also ask the millions of folks out there receiving SS and did not pay in.

I don't need your "education".  That's because you're being deliberately dishonest.   

Again - illegals (and their employers) pay into the system but are ineligible to collect.  To the tune of $13 billion per year, it appears,  illegals help pay for your benefits.

 That's a completely different situation than your ignorant comparison to a widow's benefit (which is, of course, derivative of the benefit the worker earned by paying into the system, just as it with a private pension.)
"He was born poor, died rich, and never hurt anyone along the way"

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"Not forever.  Just for now"

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Offline mrpotatohead

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Re: Trump outlines a significant Social Security cut in his 2020 budget
« Reply #21 on: March 15, 2019, 09:57:11 AM »
I find it interesting that I was for cutting SS benefits when I was younger.  Now that I'm slowly approaching the age of benefits I'm thinking...KEEP YOUR FRIGGEN HANDS OFF OF IT....lol.

The same with Medicare.  I'm amazed that with Medicare and a supplement my 88 yr old mom has paid ZERO out of pocket for multiple recent hospital stays, that would have otherwise bankrupted her.
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Offline XenaLee

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Re: Trump outlines a significant Social Security cut in his 2020 budget
« Reply #22 on: March 15, 2019, 10:29:41 AM »
I don't need your "education".  That's because you're being deliberately dishonest.   

Again - illegals (and their employers) pay into the system but are ineligible to collect. To the tune of $13 billion per year, it appears,  illegals help pay for your benefits.

 That's a completely different situation than your ignorant comparison to a widow's benefit (which is, of course, derivative of the benefit the worker earned by paying into the system, just as it with a private pension.)

And again..... illegals that do so are committing fraud and as such, should not be martyred for having paid into a system that they are not supposed to be paying into.   They are completely skating when it comes to paying income taxes and many of them are getting more freebies and benefits than some legal citizens are getting via the earned income tax credit. 
Time for unity in America! (better late than never)


Offline Jazzhead

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Re: Trump outlines a significant Social Security cut in his 2020 budget
« Reply #23 on: March 15, 2019, 10:38:57 AM »
I find it interesting that I was for cutting SS benefits when I was younger.  Now that I'm slowly approaching the age of benefits I'm thinking...KEEP YOUR FRIGGEN HANDS OFF OF IT....lol.

The same with Medicare.  I'm amazed that with Medicare and a supplement my 88 yr old mom has paid ZERO out of pocket for multiple recent hospital stays, that would have otherwise bankrupted her.

Same here.  I used to be in favor of GOP proposals to permit SS taxes to be diverted to individual accounts.   Not any longer.   30-plus years dealing with employee benefit plans has taught me that SS is absolutely vital to provide income security in old age.  401(k) plans are great for promoting savings and wealth creation.  But with the private pension system dying,  the only source of true income security for most Americans is Social Security.   
"He was born poor, died rich, and never hurt anyone along the way"

   - Duke Ellington, upon hearing of the death of Louis Armstrong

"Not forever.  Just for now"

    - Jay Farrar

Offline Jazzhead

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Re: Trump outlines a significant Social Security cut in his 2020 budget
« Reply #24 on: March 15, 2019, 10:40:25 AM »
And again..... illegals that do so are committing fraud and as such, should not be martyred for having paid into a system that they are not supposed to be paying into.   They are completely skating when it comes to paying income taxes and many of them are getting more freebies and benefits than some legal citizens are getting via the earned income tax credit.

I'm not suggesting that illegals be permitted to collect SS benefits.   But the reality is that they (and their employers) pay billions into the system, and indirectly subsidize your and my benefits.   Ironic, no? 
"He was born poor, died rich, and never hurt anyone along the way"

   - Duke Ellington, upon hearing of the death of Louis Armstrong

"Not forever.  Just for now"

    - Jay Farrar


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