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: 234
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
#WhereIsIlahnOmar?
Wed, March 4, 2026 20:01 - 10 posts
Black Inception: BLM Chapter Founder Beats Up Black Woman In Front of BLM Sign (Is that B to the power of 3 or B to the power of 4?)
Wed, March 4, 2026 19:38 - 2 posts
Khamenei, One of Most Evil People in History, is Dead
Wed, March 4, 2026 19:33 - 47 posts
How Body Cams Destroyed Black Lives Matter
Wed, March 4, 2026 19:29 - 1 posts
Midterms 2026
Wed, March 4, 2026 19:28 - 379 posts
End of Daylight Savings time
Wed, March 4, 2026 17:25 - 6 posts
In the garden, and RAIN!!! (2)
Wed, March 4, 2026 17:19 - 6753 posts
Do you feel like the winds of change are blowing today too?
Wed, March 4, 2026 14:12 - 4368 posts
A thread for Democrats Only
Wed, March 4, 2026 14:01 - 7175 posts
Trump Is Destroying Everything He Touches
Wed, March 4, 2026 10:39 - 1217 posts
Today in the Tags
Wed, March 4, 2026 10:36 - 23 posts
MAGA losers
Wed, March 4, 2026 10:24 - 245 posts

FFF.NET SOCIAL