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Response to FBaggins (Reply #7)

Mon Mar 28, 2016, 01:06 PM

21. so you want to cut benefits?

"But that isn't the case. The investment portfolio is made up of government obligations. The higher the interest rate paid on those obligations, the more expensive they become to the government. Either way, there's a fiscal dent that's due directly to SS payout obligations. "


This is, of course, another variable in the health of the trust fund.... of which there are many... benefit rates, new revenue which is affected by the cap and the state of the economy, interest rates etc. But you are suggesting the cutting of benefits, not I. I'm looking more towards the revenue side... higher interest rates, maybe the doughnut hole approach or making some capital gains pay SS taxes.

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LineLineReply so you want to cut benefits?
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