Social Security trust fund set to be depleted by 2035 estimates U.S. Treasury
2024 ж. 5 Мам.
353 920 Рет қаралды
CNBC's Meghan Casella joins 'Closing Bell Overtime' with the latest on Medicare and Social Security fund estimates out of the Treasury.
CNBC's Meghan Casella joins 'Closing Bell Overtime' with the latest on Medicare and Social Security fund estimates out of the Treasury.
Time to divert funds from the senate and congress salaries
Those a-holes are not worth minimum wage 😡
The resident and vice resident too
That's a good plan
Millions for Ukraine, millions for Israel, millions to maintain the 8 million or so illegals that made their way into our Country, but no money for the hardworking Americans that put in their money to Social Security. Isn’t our government the best? Way to go government!!!!
A M E N ❤
Class action against our government
I don't think any lawyers will take that case.
Chinese bot
Aaahaahahahahahahaaaaaaa!!!!!! Through this kangaroo court system? You’ve got to be kidding. There will be no political solution. There will be no relief in the courts. This is the very reason the 2nd Article and Amendment was ratified.
You do realize the government doesn’t have any money, right? They have YOUR money. So if you sue them, all you’re doing is suing yourself.
I'm in!
Stop giving our money 💰 to other countries
Be quite otherwise will send you other virus you want Social security 😂
This depletion of funds goes back decades ago, before I was even an itch in my dad's pants
💯 👌✨️
Bush literally stole 1.37 trillion from SS for tax cuts to the rich and his war.
Bush literally stole 1.37 trillion from SS for tax cuts to the rich and his war.
Baby boomers had it all: cheap homes, cheap college, now the last bits of social security.
Had it better than their parents, and their kids.
You have no clue what you’re talking about 😂
@@Stopthecrazz they aren't wrong
Hard times make strong men. Good times make weak men. Weak men make hard times. Our parents were living in good times. Now we are living in hard times.
@@Stopthecrazznot sure why you felt the need to tell us all that you have no idea what you're talking about, but thanks I guess.
So they stole the social security
It was never yours to begin with. It's a ponzi scheme signed by FDR to extract more resources outta you.
Yes. You pay into it, therfore the money should be there. They simply robbed everyone.
Yeah, they did. It was legal... but was it ethical? Imagine if it were just put into a good, low-risk market fund instead.
Long ago!
@@oprrrah3498 100%. Social Security is an outright scam
But they have billions to give to OTHER countries
And fund wars that are not needed.
land grab wars
Are you aware that Social Security is not part of the US Budget? 🤦🏻♂️
@@mvelilla12 the US treasury manages them and allowed multiple bills to stick there fingers in it . Do some research before looking like a moron for the world to see
The money allocated to Ukraine, Israel, and Taiwan is to pay for replacing the old weapons that get shipped to said countries. So for every end of life bomb, missile, etc the US pays arms manufacturers to built a new one.
I agree 👍 with the reporter.... America 🇺🇸 needs to stop ✋ funding Israel 🇮🇱 Ukraine 🇺🇦 and Taiwan 🇹🇼 immediately
Listen to the newsclip again Mr Brad. Nowhere did she say to cut funding for Israel, Ukraine & Taiwan. The reason you're paying more in taxes NOW is because #45 gave out billions if not trillions in tax breaks for the rich and high end business owners and we're paying for it now and will be for years to come. The damage has been done and will get worse if the "spending" party gets into the WH. When Warren Buffet said he pays less percentage in tax than his secretary something must be wrong with the system. Don't blame the Boomers. Blame the people who vote to give these clowns these tax breaks. That's what shrinks the money pool to go around.
We need to hold these people accountable for what they are doing to us
How can the trust fund go broke? Why do we give billions of dollars to foreign countries, yet we can’t take care of our Social Security recipients? Unbelievable.
Biden gave money to other countries Biden and the Democrats Biden has a miracle $347 trillion in debt
excellent question that no one who can provide the answer, will answer
Because the u.s. government has borrowed trillions upon trillions from ssdi and refuses to pay it back.
@@lotusgrl444 I just answered it
Believe it or not foreign countries I think only owe us about 20% of our debt our government owes us the 80% that they took a big risk a.k.a. gamble and lost. It just blows my mind that people think voting for a president actually means something when in reality it's all the .01 centers that control everything and anything to do with our economy, our money, basically they own us and we are their slaves. Maybe someday people wake up.... I'll probably be dead by then. Since I'm 63 now and Social Security potentially is going to run out 2035 that's 11 years the question is will I live to be 74? There's no way they cannot pay people who've been paying their whole lives into Social Security and then all of a sudden in 2035 say we don't have any money if that doesn't revolution will
Why not just get rid of Congress!
that would be nice im gamed!!!
They should just cut me a check for all the money I've been forced to pay in.
Time to actually tax the rich.
Everyone that put money in should get a refund
If they want to give me my money back it better include what it would have gotten in a healthy 401. Never happen.
That's 78 million baby boomers for almost 75 years. Even at $100 a month each, that would be trillions upon trillions and we know many of us paid more than that!
@@Mariyah_IsraelExactly
That money is already spent.
@@acgsmith5937no such thing as refund when the fed reserve is the sole monetizer of all govt expenditures and that includes funding the bonds for SS. You're just a debt slave.
You take the citizens money, give it to others and then give them nothing back when they’re elderly and disabled? That’s b 💩
Yep sending billions out to other countries for war and disaster when US citizens paid taxes and go to die in the streets, hungry and sick. Shame!!!! Why Europe countries have a weaker economy and barely have homeless in public and in streets?, no violent crimes and no hunger, strong proof is no beggars ever seen in Europe SHAME
The amount contributed to Social Security and Medicare does not come close to the benefits collected. Study up before you run your mouth.
@@janicewolk6492 Still not wrong
@@janicewolk6492 And yet, what's being done with all that? Why is health insurance still so damn expensive, and still rising? If "studying up" means believing to your government-approved media without question, then I'd rather remain "ignorant" and think for myself, thank you.
@@janicewolk6492 ok then professor, start giving them material than lashing out.
Imagine paying into Social Security your entire life only to be told by the government, "Oh sorry. Because of our reckless spending and devaluing of the dollar, young americans cant afford to have children...AKA the future working-class that would have been able to pay your Social Security if we didn't make it so financially untenable for Americans to have kids now." Not only will inflation be higher in 2035, but they will probably increase the retirement age AND decrease the amount you receive! You are better off not paying into social security at all at this point!
It's important for people to know that tax revenue at this point is just financing debt INTEREST
US decline will start to rapidly show from now on till world reserve currency is switched from the worthless dollar over to BRICS. 40% of the world is in already, at 50% the dollar loses world reserve currency status.
90 percent of old folks live entirely on social security scrappy handouts. Guess there's gonna be a lot of old folks living on the streets in the 2040s eating cat and dog food and pooping in paper bags.
61 billion dollars was spent on foreign aid in 2023: Ukraine: $16.4 billion Israel: $3.3 billion Ethiopia: $1.95 billion Jordan: $1.65 billion Egypt: $1.43 billion Afghanistan: $1.19 billion Somalia: $1.13 billion Yemen: $1.05 billion Congo: $987 million
Israel has received more US tax payer money than any other country since our nation was founded.
There you go
US dollar is so deep in debt that it's 34 trillion dollar account balance now cost it another trillion dollars in interest every 100 days. The dollar has lost 25% of its purchasing power since 2020 alone.
But yet we can’t control our own borders.
You voted for the Democrats and their Free Welfare Handouts of your money to other countries. Stop complaining!
There's no way in hell I'm going to work over 40 years and then be told that all of the money I put into social security can't be paid out to me.
Yes, there is a way ..... and the government is doing it to us all ...
I know that’s right!
Vote accordingly period of the Republicans get in You Can Kiss It Goodbye
They are thief’s and liars.
Are government pension plans running out as well!
SINCE WE PAID THAT MONEY, WE'RE ENTITLED TO A REIMBURSEMENT FOR EVERY CENT PAID!!!!!!!!!!!!!!
perhaps we should ask the rich to pay something into it...
@oldrrocr why?
Be careful with the demands… I suspect printing more money to give us “every cent” will mean a pretty worthless dollar.
If you live long enough. I know many homeless disabled who paid in for decades and will die out on the streets in their last decade, not living long enough to break even as it isn’t possible. Also they are forced to pay $174.70/ monthly for a Medicare premium that only covers 80% of any medical bill. So the government steals the premium and gives them basically no medical coverage. They can’t afford the 20% out of pocket. Government is still taking money even from our disabled homeless but will not help them off the street after Covid and the rent increases. So don’t plan on getting even, and plan on still losing benefits for a worthless Medicare policy.
The money was stolen from us without our consent.
But hundreds of billions are available to every country on Earth but not for Americans. Let that sink in.
SS pays out $108 billion a month Let that sink in.
ok so... what incentive do young people working right now have to pay social security then? Besides "not getting arrested or harassed by the IRS"? I mean if they aren't going to see any of that money in the future, then they're just giving their money away for no benefit rn basically, right?
Instead of giving billions to other countries, take care of people in this country first.
Or instead of giving 71 Trillion to NASA for their CGI space videos
This is BS! That is the money we paid in!!!
It’s been spent by Congress and a few presidents
Nope. It has always been a tax. Socialist Security is a benefit. Benefits can be taken away by the benefactor at will.
Obummer and Obiden
It's all being spent on overseas wars that we didn't even start.
Social security doesn't work that way. It is a pay-as-you-go system you do not have money set aside in your name
Maybe the government should pay back the money they “ borrowed “ from SS.
So should'nt my adult children sue for the money they have had to pay into a fund that will not even be there for them? Or should they stop paying taxes until they are no longer being stolen from? Should i? Since i have been paying for over 40 yrs and it will deplete shortly after i retire.
The riots in the 2030s will make the ones now look extremely extremely tame.
At least it is a riot for all of us and probably unite us all.
It will happen sooner than that. I give this current monetary system 2 years max.🌋🌋🌋🌋
This is the entire reason we have the 2nd Amendment! Freaking tyranny!!!
There are none now
I wonder about that given the age of the prospective rioters 😂 what people need to do is vote conservative in every election (from school boards to president) and “no” to every new proposition which are always new, keep and/or increase government expenditure …of course it might already be too late and we all doomed
But they send an outrageous amount to other countries with ease!??? Are you kidding me
And support illegals here...
Worse than that. They BORROW the money, so tack on the interest, that WE (or our great-grand kids) we have to pay.
We don’t actually send money. We send old equipment and supplies and outdated weaponry worth that amount.
this surprises you? lol
But they sent all that money to Ukraine?! THINK OF YOUR OWN PEOPLE FIRST
STOP SENDING OUR MONEY TO OTHER COUNTRIES… PERIOD.
Israel has received more US tax payer money than any other country since our nation was founded.
A program like this is not supposed to be depleted. It's supposed to be protected.
Our government is corrupt.
😂🤣😂🤣😂🤣😂🤣😂
As long as people are working and contributing to social security, it will never be depleted.It will probably just take longer for people to get money but it will never be depleted
People are receiving it and never worked! My mother in law was one example.
@@rosechristensen7911 🤦♂️
This is when we start standing against these corrupt POS
They have been committed acts against the constitution since 1913 you think now?
Remember January 6th
yea, like trump.
I'll still be young enough to pay some of them back for their malfeasance. #fafo #clickclack
It's past time they were taken out
This is what happens when you let people draw off social security who never even paid into it
Stop sending our hard-earned tax money overseas!
Israel has received more US tax payer money than any other country since our nation was founded.
They better fill it back up its OURS NOT THEIRS
Aaaahahahahahahahaaaaaaaa!!!!!!!!
Fill it back up with what. Our country is trillions in debt thanks to Democrats and Republican spending sprees. We will hit rock bottom before 2035 ai believe the collapse of the dollar is bound to happen. Inflation is going to go thru the roof soon and they are running out of tricks to keep it down.
If it's yours why you give it to them? You know how stupid you sound?
Naw buddie they stole that money fair and square out of your check every week before you ever touch it then again when you spend it it's taxed again we are taxed to death
You're right! They have no legal right to touch the social security trust fund but the government still borrows from it. There is presently a surplus of $2.8 trillion in the Social Security trust fund.
If we can print money to send hundreds of billions to foreign countries, then I don’t see how we can’t print to fund social security.
Printing money out of thin air is called inflation...
READ HISTORY GERMANY after WW1 did that and it DESTROYED their economy
Stop using your brain on these things, it will only make it hurt more.
I agree we should stop paying other countries problems away while making it harder on the ones footing the bill. Continuously printing money when you’re not gaining anything to cover the cost causes inflation. I think that’s called Bidenomics. But massively higher costs in life and overtaxation could help.
Exactly....us Americans aren't important enough to the political world. Damn crooks!!!!
Politicians need to keep their grubby hands out of the Social Security till. Burns me up !!!!
They need to stop sending billions out of the country, and use those billions to fix social security.
One big change congress needs to make is repay all the money they stole from social security over the years and make it a separate fund not part of the general fund
This is what they do with Railroad Retirement. Shockingly, there's no expectation of running out of funds there.
👏👏👏👏
It should never have been stolen in the first place lol. How broken and corrupt is the entire system when that's allowed to happen?
We need a FULL independent accounting of the social security trust fund. If deficiencies and unpaid loans are found, they need to be repaid instantly.
I seem to remember a guy named Al Gore insisting on that decades ago. He was laughed at.
Please Stop giving our SSN funds to people who didn’t contribute towards it.
Please make millionaires and billionaires pay more into social security. There I fixed it for ya 😊.
@@brandonmarshall3249 Like he said above, people who have never contributed are collecting. It makes no sense. Why do I have to wait until I'm retired to collect; yet, you have people in their 20's collecting that haven't paid one dime.
So what do you propose we do with all the disabled and mentally disabled that are lucky enough to be able to get SSI? This is the problem. It's not the people's fault, but the govt spending it inappropriately.
You don’t really get it unless you did tho…
Ya trust me, we pay plenty!
Why is there a limit on paying? If you work you pay. Don’t vote for anyone whose plan is to cut benefits.
Trust fund? What trust fund? That money is long gone.
So why are we still having our checks deducted for it????
Because they want it
Time for the Senate, Congress and Assembly to start paying back the money they've been "borrowing" with interest , and put a lock on the cookie jar.
Put the money that they fund other countrys with and use it for their own people.
@@mikemiller6628 LOL, That's what the GOP always says, but when push comes to shove, they don't help Americans either. Stop repeating the lies Fox tells you.
That's what the trust fund is, Congress paying it back. If they can't pay it, more money printing!
That is nonsensical economic ignorance. One actually has virtually nothing to do with the other--SS trust fund is invested in treasuries which are such a good and reliable grade of investment that virtually all large businesses and most foreign governments also invest there because they know how safe an investment it is. Claiming that congress deficit spending has anything to do with SS is about as close to sheep-fodder as it gets. Oh, and for the record: The deficit spending in relation to the GDP has gone down during every Democratic President's term in the last 40+ years and UP in every GOP President's term---so which party is actually fiscally irresponsible to the bottom line?
Imagine if the >$1 Trillion Bush cost us by invading Iraq & Afghanistan had instead been put to better use. Vote blue if you want a better future.
Perhaps Congress should consider the wrath Americans will have on all of them and those who pilfered the coffers if they don't replace the money and protect SS as required.
We are no longer being represented! NO TAXATION WITHOUT REPRESENTATION!
We are represented... Congress and other thieves.
Did you hear the congressman or senator (I forget which) that came right out and said HIS DUTY IS NOT TO HIS CONSTITUENTS? Came right out and said it on TV.
@@carolwilliams8281which congressman?? 😮
I believe it was one of the democratic house members in South Carolina
That's right! We're not being represented....we're being controlled and dictated to....and anyone who stands up for our republic is labeled a "problem " or dangerous/violent person 🤔
All by design
The government keeps telling us to work longer, do not collect till your maximum retirement age, keep moving the RMD for the 401k. taxing it to hilt, keep investing in the market.
This is BS! The balance in the Social Security trust fund has continuously INCREASED, year over year. In fact right now it has almost $3 trillion SURPLUS!!
The government takes the money to give to others... we pay into social security. Peoples money needs to be there and given to them.
George Carlin: "and now they're coming after your Social Security."
He was sooo spot on in many aspects!
Stop funding wars and take care of your own country. Tired of the nursing home we have as government.
Totally agree.
I agree 200%.
But Ukraine and Palestine is more important than America
If we actually gave other countries real money I would agree, but we don’t. Only aid. Not money.
Amen to that
This is why the SS admin should have been dismantled decades ago when someone had the idea to put all retirement funds into personal investment accounts. Today I would be well off but thanks to the drunken sailors we have in the government I will get next to nothing right when I'm supposed to retire.
Vote all the incumbents out and elect new people. The American people deserve better than what's there now.
Do you realize They are not all elected at the same time?
So Congress must pay back the monies they “borrowed.” NOW. 1:00
But but but when they last reformed SS they all bragged that money was going into a “ lock box” and wouldn’t be touched 😡
@@ImmaTwoPops SS is a tax, hence it can be touched to fund other bureaucratic agencies.
@@rtquest22Explain how SS is a tax?
@@rtquest22 👈🏻 not very bright 🙄
You mean stole ......two presidents stole funds from social security ......bush 1 and Ronald Reagan ......what's even worse is trickle down economics never did what they propagated it would do
I want the money I paid into it!! They stole it from me!!
Right!
No one stole anything from you, you paid a tax that's all you did.
@@gregdarmenio6902 what are you talking about?? it isn't a tax
@@kilo3-186 why don't you morons ever want to research anything don't you learn anything. You pay FICA. What is FICA? FICA is a U.S. federal payroll tax. It stands for the Federal Insurance Contributions Act and is deducted from each paycheck. Your nine-digit number helps Social Security accurately record your covered wages or self-employment. As you work and pay FICA taxes, you earn credits for Social Security benefits.
It is NOT a tax. repugs stole OUR money. Stop voting against our best interest.
This is our money, we paid into social security with every single paycheck! Find the money somewhere to replenish our money. This whole threat to people on social security needs to stop! Billions of dollars are spent yearly on other causes the government happily pays for. What do the think will happen when people lose even part of their social security payments? Disgusting!
They don’t care… your retirement was never a concern for them, it makes no difference to them if you instead work until you cannot work anymore and then immediately get deleted…
Yet, we have plenty of money to send to foreign countries and for illegal immigrants. Time to take care of our own!!
You can bet your ass whatever or whatever all that money is going to do called unkraine we will never benefit from it only thing we will get is higher taxes cause of it
Can't believe this isnt the most liked comment. They are blatantly screwing us citizens.
Illegal immigrants get free food and shelter on our tax money while we are getting stabbed at the back. It's like govt takes our money and then says poof.
Do you know what caused the government to not have enough money that they had to take it out of social security? The tax cuts for the rich.
Yet there is PLENTY OF MONEY FOR TAX CUTS FOR THE UBER RICH, THANKS TO THE REPUBLICONS!!!!!
When I was 18 and just starting out (1973) S.S. was in good shape. I remember shortly after when the government started dipping there greedy fingers into the funds of the hard working American citizens. They even try to throw shade on the word " entitlements" Damn right we our entitled to our own money. I am really fed up with this house of cards.
SSI was never intended for the government to "borrow"from, but they did. so where were they going to repay it from???? not by reducing any other Gov agency[ Mil, IRS, FBI ,CIA, EPA,ETC] SSI NEVER gets the funds it is supposed to.
Why are we still paying into it if we will never get to use it???
So why are they still taking my MONEY every paycheck for a service that wont benefit me when i get old n need it🤔🤔🤔
Stop paying bills for everyone else.
does that also mean if the wars continue and if the countries that we are funding don't pay us back the inflation rate rising will make it come sooner???? cause if so im tripping out
@@gluehd I am not sure anyone has ever paid us back. I think they get to keep it, if they have a DEI program in place.
The government borrows from social security. If they never did, there would be a surplus enough to pay every citizen three grand a month for life.
@@bretthousley5502 dam its gonna come sooner then later
Hooray we’re all screwed
It's the end of the world 🌎 as we know it
does that also mean if the wars continue and if the countries that we are funding don't pay us back the inflation rate rising will make it come sooner???? cause if so im tripping out
Obey Sam Altman, he is only the Savior
Keep sending our money to other countries 👎👎 corruption right in our faces 😥
But we have billions to give to other countries???
You signed deals that in case of war in those countries you will send support. You cant break your own signed deals.
Start taking a lot of money from the Senate and House members benefits add that to Social Security. Politicians have shoveled millions from the coffers of SS.
3 trillion since Reagan and the Republicans put the trust fund into the "general fund".
Unfortunately, their big pensions are guaranteed and can't be touched.
@susananderson9619 - Ever notice every time they talk about a govt shutdown, it does not include loss of paychecks for congress or the cabinet. Never stops FBI/CIA from getting paid either. Its just coast guard, air traffic controllers, border patrol the VA and other places.
We should send more pallets of cash to fund foreign wars, maybe that will help.
We should make billionaires pay their fair share of taxes.
Yeah. The spending on stupid things is a big part.
@@aesea57804 - Just make Hunter Biden pay his as a start. AOC too, she wants her student debt paid by Brandon.
@@aesea57804Who is going to make them? Not the politicians they are all bought and paid for. If they go against the system they won't get elected.
How is that possible ?!! We’re sending billions to other countries but nothing for Americans?
…. You have NOTHING? Look around you. And stop spewing bs
The only change they need to do ...How about not sending billions and billions overseas ?
Funny how we are forced to pay into it, yet everybody under the age of 45 will never see a dime
You mean 54?
Why are they helping migrants and other countries if the American people are looking at this
Because Democrats want a COMMUNIST revolution. This is helping pave the way
Why are they spending money on wars!!! Don’t begrudge migrants, that’s exactly what they want - to shift the blame from themselves onto someone defenseless while filling pockets of their friends and “sponsors”.
@cpuram8883 - Free healthcare for illegals creates jobs for the plethora of new doctors and other HCI personnel every year. Lloyd Austin said it point blank as he testified to congress. He said, if you give us this money, we will give it to Ukraine. They will buy our old weapons with it. We will use that money to create jobs for military contractors and engineers. He just left out the insider trading profit him and those backing the funding will be able to pile on their personal stacks of money.
the migrants are literally your future because nativ US citgizens have had their birth rate drop since the 1990s
How many years of social security would the Ukraine money have paid for? It's amazing how they have money for everyone except citizens.
Dude, youll be taking from the russian 300B arrested money anyways
About 6% of the year 2022. So, the money sent to Ukraine ($75B) would have paid for 0 years of SS money ($1.244T in 2022). It wouldn't even have paid for a 1/10 of a year. People (including you) don't understand the scale of SS costs. Now, spending on the last 20 years of US wars ($29T) would have funded all of the last 20 years of SS. So, maybe we should look into that.
Well they better dam well fix it! I’ve been playing into that every week since I was 14! Where did my money go?
They spent 29,000,000,000,000 in about 20 years....any of you see where that money went? Your roads health, or education better? How TF is this even a question? Laundered our money right into their pockets and the military industrial complex 🤬
This. Right here. Facts.
Actually, the report says that the ability to pay out 100% will be depleted. It will still pay 83% of benefits thereafter
@@tiredperson6574 Tax the wealthiest (read greediest) people in America. Make retroactive law to reclaim tax avoided for decades.
@@DonariaRegia Raise the taxes on Billionaires back to what it was when Eisenhower was President. Enough of this TRICKLE DOWN LIE.
@@tiredperson6574 Unacceptable. If we settle for this now they will go even lower later on.
Our politicians are GRACIOUSLY suppling funds to countries to protect THEIR borders while our Senior Citizens will be suffering. This is an INJUSTICE of the highest degree and Congress needs to start addressing this issue IMMEDIATELY.
They won't. They'll let it collapse because it doesn't affect THEM.
More accurately they gave it to the wealthy and corporations in the form of endless tax cuts and loopholes. We send arms n munitions n food to other countries then resupply our own stockpiles when sending foreign aid.
You’re conflating things.
Israel orders our politicians to send them billions and you keep your mouth shut all the time.
And illegals. Do not forget that.
All our taxes fund go to other countries, that’s ridiculous.
How come we never hear about welfare money running out? Or money for foreign aid? Why did we allow the government to dip into our money in the first place?
So can we stop get’n SS deducted from our pay checks?
Hahahahahahaha no.
Not till the next income tax bump
Right so much Hogwash!!!
I wish, but no. Actually it could be worse. If you were self-employed you would be liable for the portion of social security that is usually required from employers
Ukrainians need that money. Consider it a "thank you" tax to our bought and paid for rulers.
Stop steeling OUR money! STOP giving IT TO people who don’t deserve or pay into it. If I owed taxes you would lock me up, but when you steel our money (borrowing) as you call it and not repay us that have paid into IT ALL, you should be held accountable and get the same as we all would!!!
More like embezzlement by corrupted officials
*steal
Someone who can't spell steal probably hasn't earned much to begin with.
@@janicewolk6492 Better than dealing with a a whole heap of student loan-debt, Jenny.
There's been nothing but IOU's in our SS accounts for decades. Pensions in Europe and the UK are facing the same dilemma.
Do something or get voted tf out, lawmakers.
I'm just curious as to why Social Security appears to be running out and why welfare doesn't appear to have any issues???
I payed into that my entire working life...i want my money now then. I loaned it to you after being told I'd get it back when needed. THAT TIME IS NOW.
But not the pensions of congress, both serving and retired. Say, why not put all of us on that pension plan!??
And share their utopia? Heaven forbid!
Tax the 1 percent stop handing welfare to them!!!!!!!!!!
That and cuts corporate tax breaks to the wealthy. Tax their share loans to.
Can you imagine a world where millions of elderly and disabled people suddenly can't afford to live and wind up on the streets?
That's just in time for my retirement, if I had any hope of ever retiring.
Government has no business messing with our $$
They did when they first proposed SS and no one stopped them.
To be precise it is the republican party that wants to destroy Medicare so that they can put all of our monies into the stock market. Then they ( the rich ) can steal it easier from there...... the amount is in the tillions.......😎
Meanwhile we just sent 100 billion over seas, and send 90k on a single bag of bushings.
I blame Bush Jr (partially) because he got us into a 20 year war that cost $300,000,000 per day with a total cost of $2,000,000,000,000.
That my damn money they stole ! Whoever thought it was a good idea to “ borrow” from SSI, should be un alived
We need to start giving money to all these other countries that’s why we’re bankrupt like idiots
Stop handing out every dam dime to foreigners. Put Americans first.
Well,I guess it's time to print more money. I'll be damned Im having money taken out of my check for no reason. How is this different from all the other billion dollar ponzi scams?
The Democrats invented it and the Democrats will end it.
Bahahahahahahahaha.... Let's devalue and debase our monetary supply a little more with MORE PRINTING!!! brilliant.
@FCS81 You are right it’s a ponzi scheme. It always has been.
What a shock! It’s not like people have been talking about this for over 30 years
That's money which I paid to finance MY retirement. If its gone, these corrupt politicians are going to pay with their lives
In 1998 My h.s. teacher told us that Social Security would run out by the time we were retirement age. Im 41. I will be 67 in 2049. Theyve known about this and theyve done nothing. Wtf are they actually doing. Any of them..
Filling their own bank accounts
With inside trader privileges, they're becoming millionaires, setting up their own tax exempt Foundations and charities to evade pay their fair share of taxes. That's what they've been doing.
WTF are you doing? There is no THEM... it is US...... all of us.
This so much
Funding wars so the oligarchs don't lose their trillions. What? You think you live in a democracy? I'm hot laughing, really
Maybe we should get our 75 billion to Ukrain back to help our own people DUH !!!!!!!!
What about the $26 Billion to Israel. If we stop funding them, there would be peace in the Middle East.
Ukraine War is not free for Ukrainian people, they also have to pay back the money. The Robber is the Politicians and Mafia in War business.
Maybe the government should consider repaying the money they took from it to pay for other programs over the years instead of all the freebies to all the foreign aid they give out all the time.
And our politicians keep spending money that we don’t have because everything is a drastic emergency!!!
The government need to pay back the money they stole from SOCIAL SECURITY.
Gee, i wonder how much 95 billion dollare would have helped this fund.
How about our military budget since we're just pulling random things out to fit our narrative.
@@itsRiske11the aid money was entirely wasted.
@@itsRiske11tbh we could probably coast off 3/4ths our yearly budget and be fine. There seems to be a lot of price gouging because companies realized the gov will pay for it, even at a high price. Then with that extra money saved we could invest in some social programs and if we have less money in the total budget companies would be forced to lower their prices if they want to renew their contracts. 🤔
@@Whooopsnobodybusinessactually and? The money didn't come out of the social security fund.
i wonder how much trumps tax cuts would have helped.
If they keep sending that money every place else but here sure is going to run out
I’m Gen-X been paying into Social Security since my first job at 16. 2035 would be retirement for me and now they say it won’t be available. That’s about right…because they have been saying this even when I was a kid. Total bs..🤬