Posts Tagged ‘Social Security’
What if Obama Cuts Social Security?
Many are worried about President Obama’s vow to work with Republicans in terms of budget cuts. His recently produced 2014 budget proposal hints at cutting well-deserved Social Security benefits in the future. With the way things are going, the Social Security program is going to run out of money in the next few decades anyway. …
Read MoreIs Obama Losing Support Due to his Social Security Stance?
President Obama has vowed to continue attempting to work with Republican lawmakers when it comes to Social Security and Medicare benefits…even at the cost of irritating many of his Democratic supporters. Obama states, “Occasionally I may make some of you angry because I’m going to reach out to Republicans, and I’m going to keep on…
Read MoreSocial Security and Veterans’ Benefits to Get Cut
Have you heard of COLA? No, it’s not the soft drink you buy at convenience stores or fast-food joints when you’re looking to quench your thirst. COLA is the cost-of-living adjustment for Social Security and veterans’ benefits. Washington DC politicians are bringing up a budget deal that could lead to major cuts in the benefits…
Read MoreSocial Security & Medicare Tough to Cut
Obama is set on clarifying a misconception regarding this country’s Medicare program. Most Americans don’t realize that Medicare recipients receive only what they have paid for through taxes, premiums, and medical co-payments. Basically, for every dollar you pay to Medicare, you draw about $3 in benefits. This misconception is what’s giving politicians a headache in…
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