Archive for the 'Social Security' Category

Gallup: How To Save Social Security? Remove The Cap!

By Justin Gardner | Related entries in Money, Social Programs, Social Security

If you’re lucky enough to earn a lot of income, you knew this was coming. After all, you only get taxed for Social Security on the first $106,800 of your income. Anything after that draws no SS tax. So, basically, while the rest of us get taxed on our entire income, you all pay into […]

July 29th, 2010 | Permalink| 17 Comments »

Obama Continues to Lie About McCain’s Social Security Positions

By Alan Stewart Carl | Related entries in Barack, McCain, Partisan Nonsense, Social Security

This weekend, Justin alerted us to lies Barack Obama is spreading about John McCain’s Social Security positions. Now, Ruth Marcos of the Washington Post, explores how widespread these lies are. In addition to falsely claiming the recent stock market turmoil would have affected the benefits of current retirees under McCain’s plan, Obama is running an […]

September 22nd, 2008 | Permalink| 1 Comment »

Obama Lies About McCain’s Social Security Stance

By Justin Gardner | Related entries in Barack, McCain, Social Security

In Florida recently, Obama himself claimed McCain’s privatization plans would extend to people who rely on Social Security income to live. But the record shows that’s provably false. CNN has the facts… On his Web site, McCain says he “supports supplementing the current Social Security system with personal accounts — but not as a substitute […]

September 21st, 2008 | Permalink| 4 Comments »

McCain Wavers on Taxes

By Alan Stewart Carl | Related entries in McCain, Social Security, Taxes

John McCain appears to be wavering on his no tax pledge. This past weekend he admitted that “nothing is off the table” in terms of fixing Social Security, and that includes raising the payroll tax. McCain said he would obviously prefer not to raise taxes but … While I tend to think taking tax increases […]

July 29th, 2008 | Permalink| 3 Comments »

How much does the government owe?

By Sean Aqui | Related entries in Economy, Money, News, Social Security

Would you believe $53 trillion? And the 2006 deficit alone? $4.6 trillion. That’s based on a GAO analysis (pdf) that looks at the present value of future liabilities the government has racked up over the next 75 years. Are the numbers real? Yes. Are they meaningful? Sort of. The figures come in answer to the […]

December 19th, 2006 | Permalink| 3 Comments »

Social Security Reform In Budget Proposal?

By Justin Gardner | Related entries in Social Security

This latest move by Bush is ridiculously underhanded. Last year, even though Bush talked endlessly about the supposed joys of private accounts, he never proposed a specific plan to Congress and never put privatization costs in the budget. But this year, with no fanfare whatsoever, Bush stuck a big Social Security privatization plan in the […]

February 9th, 2006 | Permalink| 6 Comments »

Would You Consider 69?

By Justin Gardner | Related entries in Social Security

Administration officials want to raise the retirement age to 69. Oh boy…

June 15th, 2005 | Permalink| 2 Comments »