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Politics Latest Messages: Wow, that was my account after they lost another b..

Republicans move to cut Social Security - They wrote the damned bill

Posted: Dec 8th, 2019 - 9:07 am

H.R.6489 - Social Security Reform Act of 2016114th Congress (2015-2016)

Sponsor:

Rep. Johnson, Sam [R-TX-3] (Introduced 12/08/2016)

 

https://www.yahoo.com/news/gop-introduces-plan-to-massively-cut-social-security-222200857.html?soc_src=hl-viewer&soc_trk=fb

The bill introduced by Johnson, who was recently acting Chair of the Ways and Means committee, slashes benefits, adds means testing, and would raise the retirement age from 67 to 69.

For most workers, the bill would cut Social Security benefits substantially. As Michael Linden, associate director for tax and budget policy at Center for American Progress, pointed out on Twitter, a letter from Social Security’s Office of the Actuary calculated workers making around $50,000 would see checks shrink by between 11% and 35%.





LINK/URL: Republicans move to cut Social Security

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