The social security cutoff is coming much faster than anyone expected.
Social Security is in deep trouble. It was shaky from the beginning, but it’s been on a downhill trajectory for a long time.
SS takes people’s hard-earned money and wastes it. They’re stealing your hard-earned money to fund their Washington pet projects, and now the program is in danger.
We knew there’d be some tough decisions to make down the read, but a new report shows the Social Security and Medicare crisis is much sooner than expected. The cutoff date before these critical programs go bankrupt is coming. From Twitter:
Three years sooner than expected? This cutoff is coming at everyday Americans like a freight train, and who is going to be on the hook for it?
Politicians? Of course not. You, the American taxpayer, will have to pay for it.
How will that happen? The Daily Wire explains:
Either we will have to increase the payroll tax from its current 11.7% to something more like 14%, or we will have to cut cost-of-living adjustments, or we might have to simply confiscate cash from higher income-earners, or we might have to raise the retirement age, or we might have to tax benefits themselves. In any case, things will get ugly.
Ugly. That about sums it up. Congressmen and women with no term limits and cushy jobs in D.C. wasting our money and leaving many destitute in retirement.
Experts have been warning us of this problem, but Congress and past presidents have done nothing.
It’s up to President Trump to come up with a fix—one better than cutting benefits or raising taxes through the roof.
It’s time for Donald to step up and provide some commonsense solutions to keep America’s promise to our retirees without bankrupting their children and grandchildren.
But can it be done? Can Trump really come up with a deal to help everyone?
Author: Adam Casalino
Source: Patriotjournal: Government Announces Social Security Cutoff – Retirement Changes To Impact Millions