Fixing (Not Destroying) Social Security

Fixing (Not Destroying) Social Security

There are 1 comment on the Time Goes By story from May 17, 2012, titled Fixing (Not Destroying) Social Security. In it, Time Goes By reports that:

Ronni Bennett , The TGB Proprietor Jan Adams , The TGB Gay and Gray Columnist Virginia DeBolt , The TGB Elder Geek Saul Friedman , Gray Matters and TGB Reflections Columnist Orrin Onken , TGB Elderlaw Columnist Peter Tibbles , TGB Elder Music Columnist Dr.

Join the discussion below, or Read more at Time Goes By.

ScottEngageAmeri ca

Brooklyn, NY

#1 May 17, 2012
The 2012 Trustee's Report details the exhaustion of trust fund reserves in 2033, three years earlier than projected last year ( http://1.usa.gov/Kg5KuF ). Yes, it is true that even after the fund is exhausted Social Security will be able to pay 75% of benefits, but how is being able to meet only three quarters of its obligations acceptable?

Clearly, something needs to be done and reform must take place: either by raising the wage cap, by increasing the retirement age to keep pace with longevity, by means-testing and eliminating benefits for very high income seniors, or by some combination of these proposals.

Tell me when this thread is updated:

Subscribe Now Add to my Tracker

Add your comments below

Characters left: 4000

Please note by submitting this form you acknowledge that you have read the Terms of Service and the comment you are posting is in compliance with such terms. Be polite. Inappropriate posts may be removed by the moderator. Send us your feedback.

Representative Donna Edwards Discussions

Title Updated Last By Comments
News Edwards blasts Democrats: 'We are neither post-... 9 hr slick willie expl... 4
News GOP Senate Candidate Szeliga Talks 'Purple-ing'... May 19 Three Days 9R 1
News The Latest: Cruz recreates 'Hoosiers' scene in ... Apr 26 Whoop day it isth 2
News Rep. Donna Edwards airing first TV ad in Maryla... Apr '16 He Named Me Black... 4
News Chris Van Hollen wins straw poll of young Maryl... Mar '16 Rick Santpornum 8
News Maryland's Political Clout Rests in Elijah Cumm... (Oct '15) Oct '15 Hoosier Hillbilly 2
News Democrats Rethink Social Security Strategy (Apr '15) Apr '15 Le Duped 34
More from around the web