Republicans push payroll tax hike, Obama tries to block it

[blacken700]

my point is if you want to stop the tax break for the middle class then lets stop the income tax reduction enacted under Bush

[Soul Crusher]

Most middle class people got a tax break under bush.  Again - basic math is your friend.

[blacken700]

Most middle class people got a tax break under bush.  Again - basic math is your friend.

yeah ok buddy and elevated shoes are your friend 

[OzmO]

yeah ok buddy and elevated shoes are your friend 

Can you show how most of the middle class did not get a tax break under bush?

[Soul Crusher]

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Social Security disability on verge of insolvency
yahoo news ^ | 5 hrs ago | By STEPHEN OHLEMACHER
Posted on August 21, 2011 8:01:13 PM EDT by DeaconBenjamin

Laid-off workers and aging baby boomers are flooding Social Security's disability program, pushing the financially strapped system toward the brink of insolvency.

Applications are up nearly 50 percent over a decade ago as people lose their jobs and can't find new ones in an economy that has shed nearly 7 million jobs.

Much of the focus in Washington has been on fixing Social Security's retirement system. The trustees who oversee Social Security urge Congress to shore up the disability system by reallocating money from the retirement program, just as lawmakers did in 1994.

This year, about 3.3 million people are expected to apply for federal disability benefits. That's 700,000 more than in 2008 and 1 million more than a decade ago.

The disability program is also being hit by an aging population — disability rates rise as people get older — as well as a system that encourages people to apply for more generous disability benefits rather than waiting until they qualify for retirement.

Retirees can get full Social Security benefits at age 66, a threshold gradually rising to 67. Early retirees can get reduced benefits at 62. However, if you qualify for disability, you can get full benefits, based on your work history, even before 62.

Today, about 13.6 million people receive disability benefits through Social Security or Supplemental Security Income. Social Security is for people with substantial work histories, and monthly disability payments average $927. Supplemental Security Income does not require a work history but it has strict limits on income and assets. Monthly SSI payments average $500.

Last year, Social Security detected $1.4 billion in overpayments to disability beneficiaries, mostly to people who got jobs and no longer qualified, according to a recent report by the Government Accountability Office, the investigative arm of Congress.

www.ssa.gov/disability/

www.cbo.gov/doc.cfm?index=12375

www.gao.gov/products/GAO-11-724

(Excerpt) Read more at news.yahoo.com ...






Yeah, let's further cripple this.    If you want to cut out the waste fraud abuse, fine I'm all for shrinking this. 


However, do you guys realize how screwed up our finances are? 

[OzmO]

Cutting out waste fraud and abuse would make it possible for many many good things. 

But that's a pipe dream.

[Soul Crusher]

Cutting out waste fraud and abuse would make it possible for many many good things. 

But that's a pipe dream.

I agree.   But I am applying basic math and reality.   A payroll tax cut without cutting benes is pure ponzinomics. 

[Soul Crusher]

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Social Security disability on verge of insolvency
yahoo news ^ | 5 hrs ago | By STEPHEN OHLEMACHER
Posted on August 21, 2011 8:01:13 PM EDT by DeaconBenjamin

Laid-off workers and aging baby boomers are flooding Social Security's disability program, pushing the financially strapped system toward the brink of insolvency.

Applications are up nearly 50 percent over a decade ago as people lose their jobs and can't find new ones in an economy that has shed nearly 7 million jobs.

Much of the focus in Washington has been on fixing Social Security's retirement system. The trustees who oversee Social Security urge Congress to shore up the disability system by reallocating money from the retirement program, just as lawmakers did in 1994.

This year, about 3.3 million people are expected to apply for federal disability benefits. That's 700,000 more than in 2008 and 1 million more than a decade ago.

The disability program is also being hit by an aging population — disability rates rise as people get older — as well as a system that encourages people to apply for more generous disability benefits rather than waiting until they qualify for retirement.

Retirees can get full Social Security benefits at age 66, a threshold gradually rising to 67. Early retirees can get reduced benefits at 62. However, if you qualify for disability, you can get full benefits, based on your work history, even before 62.

Today, about 13.6 million people receive disability benefits through Social Security or Supplemental Security Income. Social Security is for people with substantial work histories, and monthly disability payments average $927. Supplemental Security Income does not require a work history but it has strict limits on income and assets. Monthly SSI payments average $500.

Last year, Social Security detected $1.4 billion in overpayments to disability beneficiaries, mostly to people who got jobs and no longer qualified, according to a recent report by the Government Accountability Office, the investigative arm of Congress.

www.ssa.gov/disability/

www.cbo.gov/doc.cfm?index=12375

www.gao.gov/products/GAO-11-724

(Excerpt) Read more at news.yahoo.com ...






Yeah, let's further cripple this.    If you want to cut out the waste fraud abuse, fine I'm all for shrinking this. 


However, do you guys realize how screwed up our finances are? 

Earth to Liberals - we are broke and Obama's plan is only making it worse.   

[GigantorX]

It was a bad idea pushed by politicians who don't know what is going on and how bad the situation is.

[Soul Crusher]

Social Security disability on verge of insolvency
Yahoo News ^ | August 22, 2011 | Stephen Ohlemacher



WASHINGTON (AP) — Laid-off workers and aging baby boomers are flooding Social Security's disability program with benefit claims, pushing the financially strapped system toward the brink of insolvency. Applications are up nearly 50 percent over a decade ago as people with disabilities lose their jobs and can't find new ones in an economy that has shed nearly 7 million jobs. The stampede for benefits is adding to a growing backlog of applicants — many wait two years or more before their cases are resolved — and worsening the financial problems of a program that's been running in the red for years.


(Excerpt) Read more at news.yahoo.com ...

[blacken700]

[Soul Crusher]

Blacken - do you believe that everyone should pay for SS and m,edicare for whgich they will later draw benefits? 

[LurkerNoMore]

333333, instead of railing on people about what you think they don't know, how about just making your point.

I'm sure getting tired of threads that go like this.  Instead of explaining what he's talking about, he always posts shit like, "you're a moron, take a class" "you don't know jack" bla bla bla...

Yeah it is getting old. 

If you can't explain your point just say so.  If all you are going to do is post attacks, don't bother.

You do this in threads so often it's sick.  I'm not just talking about this, anytime you think someone is way off, which is often, you feel like you don't need to explain anything as if everyone just wants to see another thread with 10 posts of you calling someone an idiot.

+1

If he actually refrained from doing this, his post count would drop 90%.

[Soul Crusher]

Look in the damn mirror nancy.   

[LurkerNoMore]

Boo-Hoo....  a nerve was struck.

If I did, I certainly wouldn't see a 24/7 internet dwelling fat lying middle age lonely insecure sociopath with hallucinations of juvenile delusions of survivalist scenarios where the world ends and everyone lives out of a black duffel bag. 

Have fun with that life.

[blacken700]

Boo-Hoo....  a nerve was struck.

If I did, I certainly wouldn't see a 24/7 internet dwelling fat lying middle age lonely insecure sociopath with hallucinations of juvenile delusions of survivalist scenarios where the world ends and everyone lives out of a black duffel bag. 

Have fun with that life.

shit you guys know each other