Social Security cuts on the table
Once considered untouchable, Social Security is now in play in the
debt-ceiling negotiations. And that could mean higher income taxes for
many U.S. families in addition to shaved benefits for tens of millions
of retirees as they age.
Social Security became part of the private discussions between President Barack Obama and Republican House Speaker John Boehner on coming up with "something big" for reducing deficits by $2 trillion to $4 trillion over the next decade. White House officials said Thursday that could include a new inflation measure for Social Security that, through a combination of reduced benefits and higher taxes, could produce federal savings close to $200 billion. Low- and middle-income families could be hit.
Posted by Knucklz at July 7, 2011 11:40 PM 
Categories: Government, Health or Science, Economy, Conspiracy, Obama
Tags: social security health or science economy conspiracy Collapsing America Goverment
Categories: Government, Health or Science, Economy, Conspiracy, Obama
Tags: social security health or science economy conspiracy Collapsing America Goverment
Congress will cut the citizens benefits, then give themselves a raise. Of course Israel will continue to get ten million dollars aide every single day forever.
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Revolution is the Solution!
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Herecomes the propaganda to inflame inter-generational discord. The old divide and conquer, left/right, white/black, male/female, gay/straight and now young/old.
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It's a Ponzi Scheme... and legalized theft if they continue down this road and REQUIRE people to pay into something that they will NEVER receive!
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