REAL WORLD EVENT DISCUSSIONS

Democrats trying to push bill that 'would cost average couple $25,000'

POSTED BY: 6IXSTRINGJACK
UPDATED: Wednesday, December 18, 2024 14:25
SHORT URL:
VIEWED: 255
PAGE 1 of 1

Wednesday, December 18, 2024 2:25 PM

6IXSTRINGJACK


https://www.msn.com/en-us/news/politics/sore-losers-senate-democrats-m
ove-to-change-presidential-election-rules-via-constitutional-amendment/ar-AA1w1WmP?cvid=c352f91c66ac40b28002cf9ed3d0fa68&ei=7


(2nd story on this page)

Quote:

Senate Democrats are rushing to push through a Social Security reform bill ahead of Donald Trump taking office that one group estimated would cost the average couple $25,000 in benefits.

The Social Security Fairness Act would repeal two provisions that currently reduce payouts to public sector employees like cops, firefighters, teachers and US Postal workers.

The Committee for a Responsible Budget (CRFB), a bipartisan think tank, argued this change would make Social Security insolvent six months earlier than current projections.

It would do this by giving full benefits to nearly 3 million retirees who paid into state or local pension plans in lieu of paying into Social Security, according to the group.

'As a result, we estimate a typical dual-income couple retiring in 2033 would see their benefits cut by an additional $25,000 over their lifetime, with over $8,000 of that additional cut coming in the roughly half a year of advanced insolvency,' the group wrote.

If Social Security runs out of money under the bill's reforms, the think tank said the average couple could lose out on as much as $400,000 in lifetime benefits.

It cited the Congressional Budget Office, which estimated the bill would cost the federal government more than $190 billion over the next decade.

The bill already passed 327-75 in the House of Representatives last month.



I don't know about $400,000, but they'd better not fuck me on my $800/mo. that I'll probably only be getting 5 years before I die.


NOTIFY: Y   |  REPLY  |  REPLY WITH QUOTE  |  TOP  |  HOME  

YOUR OPTIONS

NEW POSTS TODAY

USERPOST DATE

OTHER TOPICS

DISCUSSIONS
In the garden, and RAIN!!! (2)
Thu, April 23, 2026 00:15 - 7035 posts
Russia Invades Ukraine. Again
Wed, April 22, 2026 21:37 - 10043 posts
Do you feel like the winds of change are blowing today too?
Wed, April 22, 2026 18:50 - 4520 posts
How Big Pharma (Successfully) Targeted Women
Wed, April 22, 2026 16:16 - 10 posts
Trump Is Destroying Everything He Touches
Wed, April 22, 2026 14:18 - 1272 posts
Legit question.... Are any of you genuinely scared about anything right now?
Wed, April 22, 2026 13:24 - 6 posts
Transport, Roads, Ports, Trains, Planes, Railway, Shipping, NASA and the Supply Chain issues
Wed, April 22, 2026 09:33 - 258 posts
Khamenei, One of Most Evil People in History, is Dead
Wed, April 22, 2026 09:16 - 335 posts
Gallup Poll : Lowest Congressional Approval In History
Wed, April 22, 2026 08:08 - 64 posts
Watching Hollywood Destroy Itself: The Playbook
Wed, April 22, 2026 07:57 - 36 posts
The worst Judges, Merchants of Law, Rogue Prosecutors, Bad Cops, Criminal Supporting Lawyers, Corrupted District Attorney in USA? and other Banana republic
Wed, April 22, 2026 07:53 - 98 posts
Are Americans a Broken People?
Wed, April 22, 2026 07:51 - 282 posts

FFF.NET SOCIAL