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In reply to the discussion: Ultra Low Interest Rates A Threat To Social Security [View all]eniwetok
(1,629 posts)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.
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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From previous reports. Just because they're not online does not mean they do not exist.
jeff47
Mar 2016
#41
Well, yeah Congress can always amend the SS Act. But until they do that, it's pretty much a market
Hoyt
Mar 2016
#28
I think they have driven rates down in the hopes of spurring job creating business.
Hoyt
Mar 2016
#29
And it hasn't worked well because of other issues that only Congress, not the Fed, can address.
strategery blunder
Mar 2016
#47
Agreed. Allowing giant banks to borrow money for free from the taxpayers without no requirement
GoneFishin
Mar 2016
#51