AMAC submitted on March 25 its recommendations to the Social Security Subcommittee of the House Committee on Ways and Means to address the long-term solvency of the Social Security OASDI Trust Funds. The promise to guarantee Social Security for all Americans must be kept and AMAC’s recommendations are intended to achieve the best path to long-term solvency without raising taxes.
AMAC Submission to the House Ways & Means Committee, Social Security Subcommittee
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Congress “borrowed” the Baby Boomer Surplus to establish their own salaries and retirement packages which include free medical insurance for life and the life of their spouses. The Founding Fathers provided for their expenses in the Federal budget, so that they would remain members of the community they represented. Unfortunately, the people who voted themselves a salary, failed to remove that line item from the budget so they continue to receive expenses over and above their cushy salaries! This needs to be corrected, salaries revoked, and term limits implemented. Some of the people who voted for this Constitutional Abhorrence are still serving in Congress, Pelosi and Schumer in particular. Clinton was President when they did this, that was also when they started taxing our SS benefits. The result of this action was the first Republican run Congress in over 40 years when they won in 1994. It is my fervent hope that you can do something to correct this problem and get term limits for US!
we need the border wall to protect USA frompepople who should not be in this country at all if its not leagal We have to many that wants a free handout and we cannot help our soldiers who fought for us This is our country God will make it great again. Iwill stand up and fight for what I believe is fair for everyone who is heard legally’ stop stealing from Social Security and all you democrat can pay for your own health care. STOP BLEEDING THE SYSTEM PLACE ALL FOREIGN THAT WANT TO COME HEAR OND ALL THE Nancy P AND CHUCK S DOORSTEP
I would like to see social security payments become tax free after age 70, or if taxed those moneys going directly back to the SS accounts.
I think he has an excellent idea !
Time to move away from government retirement (SS) to private retirement… allow tax free retirement savings accounts and 95% of SS deductions to go to them in lieu of receiving SS. I would trade in what I would be projected to get from SS or even what I put in with minimal interest to mange it myself and be free of SS. Government is not the best means of retirement. We need to get government out of health, education, unemployment, housing, retirement… everything it was never meant to be in and make it all tax free savings account.
No one should ever get less than what they are entitled… we just need to move people off… this will prevent fraud at the taxpayers cost too.
Due to WEP my SS is reduced $496 each month