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The 'Gang(sters) of Six' may attempt to mug Social Security

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marmar Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-18-11 06:49 PM
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The 'Gang(sters) of Six' may attempt to mug Social Security
Edited on Mon Apr-18-11 06:50 PM by marmar
WASHINGTON -- The bipartisan "gang of six" may recommend changes to Social Security as part of its deficit-reduction plan, even though some Democrats have insisted such a proposal would be a non-starter.

"You know, part of this is just math -- 16 workers for every one retiree 50 years ago, three workers for every retiree now," Sen. Mark Warner (D-Va.), a member of the group, told CBS "Face the Nation" host Bob Schieffer on Sunday.

Warner credited House Budget Committee Chair Paul Ryan (R-Wis.) for producing a "serious" budget plan but criticized him for not proposing any way to raise revenues while transferring "more responsibility onto our seniors in terms of paying for health care."

"What we're doing is we're saying everything has to be on the table," he said. "Entitlement reform, dramatic spending cuts, looking at tax reform." While Ryan's plan primarily talks about lowering tax rates, Warner said the gang of six is also looking at raising revenue by eliminating some of the tax expenditures. ..............(more)

The complete piece is at: http://www.huffingtonpost.com/2011/04/17/mark-warner-gang-six-social-security-taxes_n_850211.html



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Name removed Donating Member (0 posts) Send PM | Profile | Ignore Mon Apr-18-11 06:52 PM
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SolutionisSolidarity Donating Member (153 posts) Send PM | Profile | Ignore Mon Apr-18-11 07:11 PM
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2. Well, I hope the bribes they are taking are worth the hellfire awaiting them.
Edited on Mon Apr-18-11 07:11 PM by SolutionisSolidarity
nm
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mike_c Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-18-11 07:17 PM
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3. when the last millionaire has been taxed into the middle class...
...and the last profitable corporation has bragged to its shareholders about how much more their taxes benefit society that those old excess profits benefited the greedy-- when the last general has hung up his hat because we just don't need him any longer-- THEN I'll happily listen to plans to "reform" Social Security, and I agree-- at that time ALL plans should be on the table, including plans to extend and strengthen social security, medicare, etc.

Until then, there's absolutely no reason to even discuss it.
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xchrom Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-18-11 07:30 PM
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4. Recommend
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deaniac21 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-18-11 07:31 PM
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5. It's been being "mugged" for quite some time.
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