Both are correct (Reply #61) - Democratic Underground

In the discussion thread: House Democrats Unveil Social Security Expansion Bill With Unprecedented Support [View all]

Response to TexasBushwhacker (Reply #60)

Thu Jan 31, 2019, 12:29 AM

FBaggins (21,004 posts)

61. Both are correct

He proposes phasing in the increase over 24 years.

The full increase would be $23/week (including the employer)... but the first year would be .50/week if you only look at the half you pay directly.

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Replies to this discussion thread

72 replies	Author	Time	Post
House Democrats Unveil Social Security Expansion Bill With Unprecedented Support [View all]	workinclasszero	Jan 2019	OP
But since this helps ordinary people, Republicans will be against it.	Buckeyeblue	Jan 2019	#1
McConnell will never put it to the floor.	ooky	Jan 2019	#4
+1	workinclasszero	Jan 2019	#6
The Democratic House needs to keep passing the bill	DirtEdonE	Jan 2019	#13
100% agree!	workinclasszero	Jan 2019	#22
That wouldn't work quite the way you expect	FBaggins	Jan 2019	#26
That's why Republicans kept passing bills to repeal ACA.	JustABozoOnThisBus	Jan 2019	#31
It's important to remember the criticism that we heaped on the GOP for	ehrnst	Jan 2019	#40
True. The difference is that this bill actually helps almost every poor and middle class person.	Caliman73	Jan 2019	#62
and keep passing pro-citizen bills	Hermit-The-Prog	Jan 2019	#16
Exactly!	workinclasszero	Jan 2019	#23
Another point to press...........	MyOwnPeace	Jan 2019	#34
Yup	workinclasszero	Jan 2019	#35
McConnell is the true enemy of the people	world wide wally	Jan 2019	#47
Expos him with Internet ads	malaise	Jan 2019	#64
YEP	Cosmocat	Jan 2019	#20
Well... it helps ordinary people after they retire	FBaggins	Jan 2019	#24
More like 5% if the cap is lifted, not 20%. Which is what this bill proposes.	haele	Jan 2019	#32
The bill proposes BOTH a FICA rate increase and lifting the cap	FBaggins	Jan 2019	#46
Where do you get the 20%?	watoos	Jan 2019	#33
1.2% is 1/5th of the current 6% FICA	FBaggins	Jan 2019	#43
I don't like reducing it to a simple "x%" increase. That always used to make things sound worse.	oldsoftie	Jan 2019	#53
Ah, I see, statistics don't lie.	watoos	Jan 2019	#67
Let me tell you, the very, very well off sign up for Social Security and Medicare	Texin	Jan 2019	#36
You are correct.	Cold War Spook	Jan 2019	#37
Essentially correct	FBaggins	Jan 2019	#44
50 cents a week in higher taxes per the article	NickB79	Jan 2019	#58
That's wrong though	TexasBushwhacker	Jan 2019	#60
Both are correct	FBaggins	Jan 2019	#61
Ah, I forgot about the phase in	TexasBushwhacker	Jan 2019	#63
What it will show	DownriverDem	Jan 2019	#28
Excellent news....	doompatrol39	Jan 2019	#2
Yes!	workinclasszero	Jan 2019	#3
Social Security doesn't contribute to the debt	watoos	Jan 2019	#10
2 separate thoughts/ideas.....	doompatrol39	Jan 2019	#11
Medicare for all is a lot different than single payer health care.	watoos	Jan 2019	#38
Uh....I know?	doompatrol39	Jan 2019	#45
Bears repeating :	littlemissmartypants	Jan 2019	#12
K & R	SunSeeker	Jan 2019	#5
K & R ... + 1,000,000	MFGsunny	Jan 2019	#7
That's the same survivor benefits that Paul Ryan used	bigbrother05	Jan 2019	#8
Social Security Enhancement ... not an expansion	4139	Jan 2019	#9
I'd rather talk about lowering the retirement age, but this is still great	Recursion	Jan 2019	#14
Just a guess, but thinking we're a lot more likely to see	Hortensis	Jan 2019	#19
Andrew Yang 2020!	Recursion	Jan 2019	#21
:) Wait. Hope. Unfortunately, we're not in as good a position	Hortensis	Jan 2019	#25
Don't really know about lowering the retirement age.	Cold War Spook	Jan 2019	#41
Lamb is my rep...	biglib63	Jan 2019	#15
Great start to the session!	Power 2 the People	Jan 2019	#17
While I welcome the support of Chairman Richard Neal...	Moostache	Jan 2019	#18
As the parent of a college student	xmas74	Jan 2019	#48
We also need to stop pushing college so hard on everyone. Technical school is a great option.	oldsoftie	Jan 2019	#57
Democrats are being very liberal	IronLionZion	Jan 2019	#27
Link	MagicPond	Jan 2019	#29
Right here	workinclasszero	Jan 2019	#30
Fantastic. A ray of hope.	zentrum	Jan 2019	#39
Everything Dems put forward has to have all kinds of bulletproofing built in to prevent future...	BamaRefugee	Jan 2019	#42
Wait, what? REDUCTION in income tax on benefits?	Fritz Walter	Jan 2019	#49
YES!	ProfessorPlum	Jan 2019	#50
nice idea, won't get a vote in the Senate or trumps signature	beachbum bob	Jan 2019	#51
Maybe not, but it gives us wonderful satisfaction that	at140	Jan 2019	#59
Tax law	enid602	Jan 2019	#52
Actually, it didnt.	oldsoftie	Jan 2019	#54
Tax law	enid602	Jan 2019	#55
Income tax revenues are up, but so is spending. As usual. But revenues SHOULD be up,	oldsoftie	Jan 2019	#56
Tax law	enid602	Jan 2019	#71
In '18, income tax revenues were up, corporate taxes were down.	oldsoftie	Jan 2019	#72
This is chained CPI with a cap raise and a poverty exception.	joshcryer	Jan 2019	#65
KILL the cap KILL the cap!	pansypoo53219	Jan 2019	#66
Why the rate increase?	JT45242	Jan 2019	#68
As a senior, I am 100% in favor this, IF we can pay for it.	Honeycombe8	Jan 2019	#69
I wish those dems well but...	StarzGuy	Jan 2019	#70

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