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This Nikki Haley Is Coming for Your Retirement is worth a read. Here is one part: The first thing you should know about Social Security is that the actual numbers don’t justify the apocalyptic rhetoric one often hears, not just from the right but also from self-proclaimed centrists who want to...

Haley Call for Social Security Reform Draws Donors: ‘We Need a Complete Reevaluation of Entitlements’ Haley has also said that although Social Security and Medicare are "the last thing the political class" wants to address's any candidate who refuses to do so "should be disqualified" because...

Haley’s proposals include changing how Social Security’s annual cost-of-living adjustments, which are currently tied to the Consumer Price Index (CPI), are calculated. She instead would link those increases to another measure, chained CPI, which is lower because it reflects that consumers often...

If all the people currently receiving SS or medicare benefits or eligible to begin receiving these benefits within ten years were to contact their members of Congress, I think this would impact the current discussion and eventual outcome. All any of us can do individually is to make our voices...

Jeff Bezos' salary is only $81,840. (As Founder and Executive Chair, Director at AMAZON COM INC, Jeffrey P. Bezos made $1,681,840 in total compensation. Of this total $81,840 was received as a salary, $0 was received as a bonus, $0 was received in stock options, $0 was awarded as stock and...

As the linked text states: And his ideas are likely to have a key role in the coming political battle over both programs. This suggests that while he cannot change these programs by himself, his views are likely to be influential and important. I would guess that this part, And they proposed...

What House Speaker Mike Johnson has said about Social Security and Medicare!

Chicago politics has always been a contact sport. But even congressional tough guy Dan Rostenkowski, the Windy City pol who ruled the powerful House Ways and Means Committee for years, didn't know what hit him two decades ago, when irate senior citizens descended upon his car after a town hall...

Yep. But this has not stopped some politicians from advocating for a cash grab.

I do not believe any of us want to imagine cuts to SS benefits but taking this risk seriously and (as you say) being vigilant is far better than "hiding one's head in the sand.'' I hope there is no risk to social security and medicare!!!

Current social security benefits can be and have been affected by "commissions" like the Greenspan Commission which made SS benefits taxable. Research Note #12: Taxation of Social Security Benefits Since a pair of 1938 Treasury Department Tax Rulings, and another in 1941, Social Security...

Speaker Johnson eyes debt commission with goal of righting country’s fiscal ship I cannot agree with the statement "I do believe the risk of those currently receiving SS of any sort having their benefits substantially reduced is very, very slim." Cuts to current benefits could arise suddenly...

You probably saw this news item this morning: 'MAGA Mike Johnson' Wants Commission to Cut Social Security Formed 'Immediately'

If you follow the news, you probably notice that some are proposing cuts to the social security benefits of current SS retirees (e.g. For the Good of the Country, Older Americans Should Work More and Take Less and Older Americans Are Winning the Economic War of the Generations). Some people are...

Like many of you, my personal information was lost in hacks of Equifax link ("Equifax, one of the three largest consumer credit reporting agencies in the United States, announced in September 2017 that its systems had been breached and the sensitive personal data of 148 million Americans had...

I completely agree with "I fail to see how a 20-30% reduction in SS would do much beyond bankrupting the majority of seniors that depend on it." Some people (e.g. Nikki Haley ("And then you've got Social Security, which is going to go bankrupt in ten years. Medicare is going to go bankrupt in...

I do not wish to get into a disagreeable or political (long) debate/discussion. I do not believe that the details of a proposal from 2021 or 2019 are significant. I believe that the general inclinations regarding social security and medicare of the current Speaker of the House are significant...

New House Speaker Had Proposed Trillions in Cuts to Social Security and Medicare During his tenure as chair of the Republican Study Committee (RSC) between 2019 and 2021, Rep. Mike Johnson (R-La.) helped craft budget resolutions that called for roughly $2 trillion in Medicare cuts, $3 trillion...

When I think about the readers of this site, I realize that there are multiple types of readers. One type is portrayed in the book Nomadland and represented by many videos by Bob Wells; these are people who were forced to be nomads because of financial necessity. Another type is retired workers...

I have to say that I have great neighbors and a great location but things can change. The HOA can go crazy (but it is really good right now and has a 5% annual cap on fee increases). Neighbors can (& will) move. Is the key to happiness to strive to be the most disreputable person in your...