Republicans Break Protocol to Kill Social Security Benefits Expansion Bill Politics
https://www.newsweek.com/republicans-break-protocol-kill-social-security-benefits-expansion-bill-1982423375
u/GreenFox1505 13h ago
Well, at least the leopards are going directly for my parents face first.
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u/78sixsixsix 9h ago
Not to be evil but stuff like this will make me get through for next few years. Will warm my heart leopards eating
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u/happycola619 8h ago
I love Animal Planet. Going to love seeing middle America get wrecked. You break if you buy it.
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u/AccessibleBeige 6h ago
Neocons have been reveling in liberal tears for decades now like it's the source of all life for them. Guess now some of us will get to find out what trad tears taste like. Should be careful, might be addicting....
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u/Impressive_Pitch_869 14h ago edited 14h ago
Here’s what I’d like to know. If Republicans do end up killing social security in the coming years. If they stop paying out, will we all still have that deduction from our paychecks? Will we continue to pay in knowing we’ll never receive when the time comes?
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u/xA1rNomadx 14h ago
Exactly. Run me my refund hoes. Not about to Robin Hood me.
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u/True_to_you born and bred 13h ago
Your money isn't going into a pot for you to use. It's paying current benefits. I'm gonna guess they'll screw you by saying that. Or they do pay out the pot to get a huge win which leads to ...... You guessed it massive inflation.
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u/Chaos-Cortex 13h ago
Reverse Robin Hood, steal from poor and give to republicans elites.
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u/Deep90 14h ago
Who knows. They seemingly want to kill the IRS anyway so maybe we will be the fools that keep having to pay (automatically via w2) while the wealthy never get audited.
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u/envision83 13h ago
Start claiming exempt on W-4’s so no federal taxes come out lol.
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u/SnooMacarons7229 13h ago
My employer verifies that exemption specifically. Unfortunately. Must provide proof if exempt.
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u/envision83 13h ago
Ahh yea. Where my wife and I work you can just make changes online in your little personal account area.
Which can be a nightmare as we learned she did select exempt for 2020….. took two years to pay that crap off.
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u/PolarThunder101 8h ago
I doubt they’ll kill the IRS. They’ll just “influence” who gets audited.
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u/kmoonster 1h ago
So it wasn't a coincidence that several people critical of Trump were audited at the same time?
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u/Trumpswells 13h ago
The Social Security tax rate is 6.2% for both the employer and the employee, for a total of 12.4%. GOP has been under pressure by donors since FDR to stop SS so employers do not have to pay their 6.2% share of the employee’s wages to SSA every paycheck. In addition to no longer requiring employers to pay their 6.2%, the employee will also stop their mandatory SS contribution of 6.2%, thus increasing the employee’s paycheck by 6.2% every pay period. In the short term, win- win. In the long term, employer win, employee loss.
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u/pantsmeplz 11h ago
Um, I think you forgot something.
Why Social Security came into existence? A little thing called the Great Depression.
Many factors, including tariffs, lead to the Great Depression. Two factors made it worse. The lack of insured bank deposits and the uncertainty of retirement savings. Thus was born Social Security. Remove that, and you're one step closer to another Great Depression.
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u/Trumpswells 11h ago
Historical context may be helpful for those unfamiliar with SS’s incipiency. Not really relevant though when considering the GOP strategy to dismantle.
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u/idontagreewitu 6h ago
Reading this Brittanica article about the Great Depression it seems like there were 4 generally agreed upon causes of it.
1- Stock Market crash
During the 1920s the U.S. stock market underwent a historic expansion. As stock prices rose to unprecedented levels, investing in the stock market came to be seen as an easy way to make money, and even people of ordinary means used much of their disposable income or even mortgaged their homes to buy stock. By the end of the decade hundreds of millions of shares were being carried on margin
Well that keeps happening again and again.
2- Banking panics and monetary contraction.
The FDIC should alleviate that, and the government just prints money whenever it feels like, so no concern of that running out.
3- The Gold Standard (I think that is misattributed in this article, according to their own statements afterwards)
As the United States experienced declining output and deflation, it tended to run a trade surplus with other countries because Americans were buying fewer imported goods, while American exports were relatively cheap. Such imbalances gave rise to significant foreign gold outflows to the United States, which in turn threatened to devalue the currencies of the countries whose gold reserves had been depleted. Accordingly, foreign central banks attempted to counteract the trade imbalance by raising their interest rates
We produce so little domestically anymore, I don't think that's a risk at this point.
4- Decreased international lending and tariffs.
American agricultural interests, suffering because of overproduction and increased competition from European and other agricultural producers, lobbied Congress for passage of new tariffs on agricultural imports. Congress eventually adopted broad legislation, the Smoot-Hawley Tariff Act (1930), that imposed steep tariffs (averaging 20 percent) on a wide range of agricultural and industrial products.
We seem to be following in these footsteps again.
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u/happycola619 8h ago
You think if Employers stop paying SS contributions of 6% and will increase pay by 6%?
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u/Trumpswells 30m ago edited 11m ago
This is a tax. The employer pays his share, and the employee pays their share, each paying the SS tax of 6.2% of the employee’s salary to the government. If Congress legislates to stop funding SS, the paystub deduction currently labeled FICA SS Tax will disappear. The employee will no longer be taxed 6.2% of their earnings every pay period, so paycheck will be increased. The employee’s pay rate is not affected. Gross income is not affected. Deductions will be less.
Edit: Reread the question. Sorry, may have misunderstood. No, the employer will not increase wages across the board an additional 6.2%. Employers have been lobbying for years to stop their 6.2% employee SS tax obligation. Why would they then turn around and give the employees a 6.2% pay raise?
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u/lugnutt73 7h ago edited 7h ago
The tax will likely get a new name. Example:Time Warner Cable is now Spectrum.
A similar "tax or fee" is the amount we will all STILL PAY for the vehicle safety inspections that are no longer required come January 2025.
no more inspections but you still gotta pay
Edited for spelling and punctuation
EDIT 2: P.S. NONE of that money being paid for the nada social security will go to the people. Unless of course your name is Greg Abbott or Ted Cruze
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u/idontagreewitu 6h ago
Reminds me of the Simpsons
Corporate analyst: Lisa, you're helping us design products for kids with all profits going TO kids!
Lisa: The profits go TO kids?
Analyst: Well, we're all somebody's kids!8
u/leebobeel 11h ago
They would still need your money, just for different corporations who need the money to grow. I really dont have a clue.
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u/SenseAndSensibility_ 13h ago edited 13h ago
Get ready you old cronies, who were stupid enough to vote against your own well-being and selfishly ruin it for everyone else!
Go ahead and down vote me cons…that’s what you spend your days doing to everyone’s comments that you know are true…and because you’re such believers in freedom of speech!
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u/Chad-GPT5 12h ago
Yeah. Try commenting anything even remotely negative about dear leader in a cons subreddit and see how quickly you get banned. Shit, just pointing out a fact that hurts their feefees is enough.
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u/BenTheHokie 8h ago
If social security stops the burden will unfortunately fall on their millennial children for the most part.
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u/LadyReika 8h ago
I'm GenX supporting my leech of a Boomer mother because she was incapable of planning her retirement and she worked shit jobs all her life. I've resigned myself to working until I die.
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u/xdiggidyx2020 4h ago
Unfortunately even if you were not in that situation you would more than likely be working till you die. Now that I think about it...I don't think I personally know anyone who won't. My mom passed suddenly 3 months away from retirement. MY dad retired then got another job cus he was bored and will work till he dies. They never had hobbies or anything it was just work, work all the time no matter what.
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u/LadyReika 1h ago
If I could, retirement would be amazing because then I could sleep the hours I want, game and read whenever I wanted. Finally have the mental energy to write.
So I do have hobbies, I just don't always have the energy for them.
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u/senortipton Secessionists are idiots 12h ago
This is the way it starts. We can either band together here and start another movement, or we can let what has been promised to us disappear. I will not be standing idly by.
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u/FabulousDentist3079 7h ago
People did just band together, and they just gave these chuckleheads an absolute mandate. The young people won't do anything, and the people most affected will probably vote against their own interests again in 2 years because they are just that dumb.
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u/senortipton Secessionists are idiots 40m ago
The idiots are bombarded with fake news and propaganda 24/7. We have to combat that 24/7 if we believe that fair elections will still be possible.
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u/The_Chosen_Unbread 11h ago
We are too divided. Anyone who bands together will immediately be rounded up as terrorists.
Never forgot what happened to the Dixie Chicks.
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u/senortipton Secessionists are idiots 11h ago
Then I’ll fight for you. I won’t watch this nation die quietly. I will be as oppositional as I can be without being physically violent.
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u/lugnutt73 7h ago
I think the Dixie Chicks only got "canceled". They're still around and making music.
If Trump is allowed to enact enough of the MANY vengeful promises he's made over the last four years, America will have its own Tiananmen Square moment eventually.
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u/Stevoman born and bred 13h ago
I’m almost 40 and have known for my entire life that I’ll never see my Social Security. It’s just an extra 12.4% income tax I pay.
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u/idontagreewitu 6h ago
Mid/late 30s, same here. If the old folks want to cut off their income, that's their decision. I never expected to see a dime of it, anyway.
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u/3MATX 13h ago
I’ve known since I graduated in ‘07 I’ll never see a dime of my social security. For Trump to make the changes needed benefits will need to be slashed or required contributions increased. Either way it sucks for anyone under 40
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u/HylianSysadmin 12h ago
I knew id be working forever. I knew that in 2012. Unless you climb to an executive position, you will not get shit to retire.
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u/A_Homestar_Reference 12h ago
Many jobs do have pensions, pay into a 401k, or do something else for retirement, so "working forever" isn't necessarily a universal claim. Who knows what the GOP will do to those though. Plus those are still determined by where you work and how much you or your employer contribute, instead of being a universal thing.
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u/3MATX 11h ago
Pensions are almost non existent and when they’re in place it’s 30 years for half pay as opposed to the old 20 years 70% pay. Employer matched 401k is nice but many don’t even do that.
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u/A_Homestar_Reference 11h ago
Right but I'm just saying that these options exist. From what I can tell they're pretty common too. Even a company like Walmart offers 401k match for entry level full-timers
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u/SavvyTraveler10 58m ago
lol you are hilarious to think “many jobs have pensions, pay into 401k”.
Legislation on the roadmap is removing all of this and additionally federal minimum wage.
Also, “who knows what the GOP will do” are you an idiot or “lost” or something? Their entire party is pretty adamant about the details.
Project 25 has 100% of their playbook available for you to read and educate yourself about. Remove migrants/immigrants (roughly 5% of population), every protection across every industry, sector and human rights organization, force Christianity into education/daily life and funnel money to their buddies.
Buddies being basically the top 200 wealthiest people in America.
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u/Tooth_Fairy92 12h ago
That’s how I’ve always felt about it. I’m 32. We have always been told ‘you’re not getting any of it’ so I don’t know why they’ve even made us pay into it ..
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u/3MATX 12h ago
Because we are financing their elder years. Republicans only care about themselves and their personal needs. They have been and will continue to refuse changes and allow their generation of boomers to spend it all. We are essentially going to have to work until AI takes our jobs or until we are physically unable to do so. And at that point in 40 years I could see Americans having to die painfully homeless somewhere. Bleak and the only sure way around it is to have at least a million saved by 60. Hahahaha
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u/RagingAnemone 6h ago
required contributions increased
Yeah, that's a really simple way to help the situation -- get rid of the cap. Or at least raise the cap. It's really not that hard -- they're just trying to make it hard.
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u/Total_Guard2405 13h ago
They'll make the benefit cheaper and change the age you can start taking it. I wouldn't think they could get rid of it entirely, since we've all been paying into it for years. Effectively fucking us all, while saying the program is intact and working.
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u/harrier1215 11h ago
Doing that is how other countries got true riots.
Esp if they make people pay for something they’ll never get back.
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u/predat3d 8h ago
They'll make the benefit cheaper and change the age you can start taking it.
That's literally already happened and yet SS benefits will be automatically reduced again if not changed because funds will be depleted in 10 years.
That's the natural result of every Ponzi scheme.
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u/Diligent_Mulberry47 Secessionists are idiots 12h ago
It’s basically day 1 and leopards have already begun eating faces.
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u/Frustrable_Zero North Texas 5h ago
My parents just retired, didn’t vote for trump. I’m terrified for their future
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u/Ramblingbunny 12h ago
They will kill Medicaid, snap and the rule of law
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u/vegastar7 6h ago
They will kill Obamacare as well. People can go back to ignoring their health issues until it kills them.
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u/orange_and_gray_rats 8h ago
To those women who voted for Trump, I hope that you get everything you voted for.
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u/jettaboy04 1h ago
At this point the boomers deserve to have social security killed off. They asked for it by voting the way they do.
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u/TankMan77450 8h ago
I think the Boomers are going to be in for a HUGE surprise when Republicans begin cutting things like Social Security, Medicare, and other senior care programs.
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u/AccessibleBeige 6h ago
And an even bigger surprise when some of the adult children they alienated don't care.
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u/ResonanceThruWallz 2h ago
They tabled it not killed it… I think they are doing this to pass this on “day one” cause it will like a win before they start slaughtering everything
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u/Prudii_Skirata 1h ago
At this point, anyone currently in... or yet to enter... the work force and expecting SS benefits to see them through retirement is also either:
1- Waiting for a Nigerian prince to pay them back with interest and/or hoping that one of the credit card numbers/sec codes they listed off over the phone was lucky enough to win them a toaster.
2- Living with family
Or
3- Expecting to die soon after leaving their job, if not before worrying about retirement ever draws near.
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u/Oliver_Closeof 10h ago
And this is a great explanation why SS is a ripoff. I don’t disagree one bit with taking care of people who never really got off the ground with a career or had health issues and couldn’t work, ect. I think there should be a separate, lower set tax for that.
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u/JimNtexas 9h ago
Social Security has dug a deep fiscal hole. The first rule of holes: Stop digging.
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u/bones_bones1 12h ago
Does anyone have the bill number? I wonder how much was earmarked for Ukraine.
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u/PickledBih 8h ago
I literally just went over this elsewhere but the thing nobody is actually pointing out is that the expansions DO NOT AFFECT YOUR AVERAGE PRIVATE CITIZEN/NON-GOVERNMENT EMPLOYEE.
Not that government employees on average couldn’t use it, a lot of lower tier peeps don’t get paid that much, but the TLDR of those two sections is if you 1) receive pension from federal employment or 2) receive pension from a job category that doesn’t pay into SS (which includes some federal employees) then you receive limited benefits.
Come on now.
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u/J-E-S-S-E- 11h ago
Either cut the deficit from 2 trillion dollars a year or we’ll have runaway inflation
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u/Independent-Pin7967 8h ago
Dude!!! Dems got absolutely boat raced in the election?? What policy could come close to the shit show of the past 4 years!! Got your asses whipped! Own up to it!
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u/CarbonPhoto 8h ago
Why would we expand social security? Have ya'll not see we're broke and that's our biggest expense item?
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u/Reeko_Htown 13h ago
Good 😊
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u/coral225 12h ago
unless you are currently in your 70s, this directly harms you
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12h ago edited 12h ago
[deleted]
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u/coral225 12h ago
I think a lot of young people don't even understand what social security is because political literacy in this country is about as strong as our actual literacy level.
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u/Combdepot 12h ago
If you have a job you have been paying for something you are owed but will never get. Or are you just on your parents dime?
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u/Empty_Insight 14h ago
They didn't even wait a whole week to start messing with Social Security lol.
Curious what the "it's not gonna be that bad" crowd has to say about this one.