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Old 02-04-2013, 08:45 AM   #15
BigRedChief BigRedChief is offline
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Join Date: Dec 2003
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Quote:
Originally Posted by patteeu View Post
No, that's not true. The vast majority of Republicans want to insure that we continue to have a social safety net. The rhetoric about insolvency comes from the reality that the current programs are insolvent and will soon become cash-flow insolvent as well if significant changes aren't made.
Social Security is fine for another 25 years. It's so healthy we keep taking money out of it to pay for other things. The issue is people taking out money that never paid in and people getting 3X the money they put into the fund.

That being said, it still needs to be fixed for even more of a long term solution. Retirement is a long term plan.

Maybe means testing. If you have plenty of money you don't get the check. If your fortunes change, you get the money and back date to when you would have started drawing.

Raise the age to 67 for everyone 50 and under

Raise the FICA tax in paychecks
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