After Lying That Trump Wants to Cut Social Security, Dems Rush Bill That Will Cut Benefits – Need Biden to Sign Before Trump Arrives
Gateway Pundit ^ | December 21, 2024 | Samuel Short
Posted on 12/21/2024 11:37:12 AM PST by Macho MAGA Man
Democrats have been caught doing the very thing they’ve been accusing President-elect Donald Trump of doing: Cutting Social Security.
On Wednesday, the U.K. Daily Mail reported Senate Democrats are trying to push through a Social Security reform bill they want to see signed by President Joe Biden before Trump takes office.
The Social Security Fairness Act aims to repeal provisions that reduce payouts to public sector employees like police officers, firefighters, teachers, and post workers. The Mail cites The Committee for a Responsible Budget in their article, and that group states this would make Social Security insolvent six months earlier than current projections by giving increased benefits to 3 million people who paid into their state or local pensions that did not pay Social Security.
The CRFB also states, “As a result, we estimate a typical dual-income couple retiring in 2033 would see their benefits cut by an additional $25,000 over their lifetime.”
The think tank says if Social Security runs out of money under this bill, as much as $400,000 in benefits would be lost for the average couple. CRFB states the cost for the bill over the next decade — citing the Congressional Budget Office — would be $190 billion.
(Excerpt) Read more at thegatewaypundit.com ...
TOPICS: Business/Economy; Government; Politics; Society
KEYWORDS: democrats; joebiden; socialsecuritycuts; trump
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To: Macho MAGA Man
SS is not the problem and can be taken care of, it is out of control Health Care Spending.
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