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Saturday, August 21, 2010

Boehner, Pence: Raising Social Security Retirement Age An Option


Boehner lies...as usual.



Social Security is on good footing and can sustain through the tough economy and still pay full benefits until at least 2037. Politicians cannot raid OUR surplus which is part of what ticks Republicans off. Boehner and his ilk would prefer to find a way to hand the current $2.3Trillion dollars over to one of their private insurance buddies where it no longer has any government protections. Remember how these banks and insurance companies wiped out billions in private retirement accounts prior to 2009 and caused our recession? Do you really think it would be a good idea to put our only safe nest egg into their basket?



SS does not contribute to our deficit because it is self-funded through it's own separate tax paid into from workers and employers.



It is not an "entitlement", a word republicans love to throw out there as a bad thing. It is an insurance policy citizens pay premiums into then collect when they retire.



http://www.joethevoter.org/busted-social-security-myths.html
Read the Article at HuffingtonPost