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The New Coffee Room

  1. TNCR
  2. General Discussion
  3. A bipartisan effort on Social Security?

A bipartisan effort on Social Security?

Scheduled Pinned Locked Moved General Discussion
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  • MikM Offline
    MikM Offline
    Mik
    wrote on last edited by
    #1

    Interesting.

    https://www.msn.com/en-us/news/politics/there-are-whispers-on-capitol-hill-of-a-rare-bipartisan-effort-to-overhaul-social-security-as-the-program-is-set-to-go-broke-in-less-than-10-years/ar-AA186PxB?ocid=msedgntp&cvid=163697cd2e1e4c21a5b73bd409572b78&ei=16

    "You cannot subsidize irresponsibility and expect people to become more responsible." — Thomas Sowell

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    • jon-nycJ Online
      jon-nycJ Online
      jon-nyc
      wrote on last edited by jon-nyc
      #2

      Not a fan of the approach. The SSA would end up owning a substantial chunk of Corporate America. A lever of power I would never trust USG with.

      Person. Woman. Man. Camera. TV.

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      • markM Offline
        markM Offline
        mark
        wrote on last edited by mark
        #3

        Should probably claim it asap.

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        • LuFins DadL Offline
          LuFins DadL Offline
          LuFins Dad
          wrote on last edited by
          #4

          Fully federalize the Student Loan industry. Cap the interest at 6%, no deferred payment. Interest must be paid during school, and interest plus principal after.

          The interest supplements Social Security.

          I hate the idea, but it would help two different problems…

          The Brad

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          • CopperC Offline
            CopperC Offline
            Copper
            wrote on last edited by
            #5

            I wonder if I could get the SSA to give me a lump sum settlement.

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            • kluursK Offline
              kluursK Offline
              kluurs
              wrote on last edited by
              #6

              It's kinda funny as I'm deferring SSA for 18 months to claim the maximum I can receive - so it makes sense that the program should go bankrupt fairly soon after that.

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