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Joined: Oct 2004
Posts: 157
WZATCHR Offline OP
Jellyfish
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Jellyfish
Joined: Oct 2004
Posts: 157
It's not Bush's plan, and it wouldn't cut benefits.

Summary

A Kerry ad claims "Bush has a plan to cut Social Security benefits by 30 to 45 percent." That's false. Bush has proposed no such plan, and the proposal Kerry refers to would only slow down the growth of benefits, and only for future retirees. It was one of three possible "reform models" detailed by a bipartisan commission in 2001.

The ad also says nothing about what Kerry would do to address the troubled state of Social Security finances. Unless taxes are increased, the system's trustees say currently scheduled benefits would have to be cut 32%


Click the link below for the full article:

http://www.factcheck.org/article283m.html

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Joined: Mar 2003
Posts: 1
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Joined: Mar 2003
Posts: 1
ooooohBABY, go look at what is going on now! wow! He is cutting the whole enchilada....yowee....all my contributions - totallying about 60,000 dollars - all in the toilet....Bush has ruined my life, for sure!

Joined: Sep 2004
Posts: 1
Newbie
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Joined: Sep 2004
Posts: 1
How is he cutting your contribution? You don't specify. Oh, btw, he can't cut benefits by himself. We have a three branch form of government.

Joined: Jan 2005
Posts: 28
Newbie
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Joined: Jan 2005
Posts: 28
get informed!

http://www.washingtonpost.com/wp-dyn/articles/A45726-2005Jan3.html

and, this discussion is all in spite and before Bush even begins to deal with the national debt which is the highest of our history. The fiscal orgy in Washington is sure to continue. Given Bush's mandate and his stated desire to fix the Alternative Minimum Tax (a huge tax reduction), make the temporary tax cuts permanent (ditto), and transform Social Security (massive borrowing), his pledge to halve the deficit by 2009 is absurd.
We are into the trillions on national debt, and when he entered office, he had a surplus! Go figure. eek Women, who make up 60 percent of all Social Security recipients aged 65 and over, rely on Social Security in much larger proportions than men do. Privatization of Social Security would eliminate the key inflation protection present in the current system. Long-term financial security is vital to women because they live longer than men. <img src="/images/graemlins/mad.gif" alt="" />

Joined: Oct 2004
Posts: 157
WZATCHR Offline OP
Jellyfish
OP Offline
Jellyfish
Joined: Oct 2004
Posts: 157
I am a well informed woman. I don't need Big Brother to guaruntee my future. If other women don't take the time to educate themselves my daughters shouldn't have to pay for their retirement.

Joined: Sep 2003
Posts: 1,765
Chipmunk
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Chipmunk
Joined: Sep 2003
Posts: 1,765
Caring Parent. When the government takes your money by force it is called "contributions" by others. If anyone else takes money from another person through force or intimidation it is called robbery. <img src="/images/graemlins/wink.gif" alt="" /> <img src="/images/graemlins/laugh.gif" alt="" /> <img src="/images/graemlins/laugh.gif" alt="" /> <img src="/images/graemlins/laugh.gif" alt="" /> <img src="/images/graemlins/laugh.gif" alt="" /> <img src="/images/graemlins/wink.gif" alt="" />


Robert F. Stachurski

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