Back door sabotage of SSI disability benefits!
HIDDEN behind the EVENTS in PARIS ------
CRIPPLED AMERICANS WILL GET THE FULL WHAMMY
the worst terrorist is a congressman who is
paid well to take away your tiny monthly check
The GOP is inventing a Social Security crisis that will threaten benefits for millions & put our most vulnerable at risk.
— Elizabeth Warren
HEY SENIORS! CONGRESS CUT YOUR DISABILITY CHECK by 20% WHILE YOU WERE BUSY WATCHING THOSE PARIS ATTACKS
!*!*!*!*!*!*!*!*!*!*!*!*!*GOD BLESS AMERICA !*!*!*!*!*!*!*!*!*!*!*!*!*!
G.O.P DID IT! A Republican Congress Launches With Back-Door Attack On Social Security DISABILITY Benefits
Republicans are starting the new Congress by attacking Social
Security funding through a subtle, obscure policy measure buried in
the gigantic bill that establishes parliamentary rules for the new
The rules measure, passed late Tuesday, 6th Jan. after other Day-One
business like formal swearing-in ceremonies for members were
completed, escalates the threat of a significant cut to Social
Security Disability Insurance (SSDI) within the next two years. The
measure bans a common accounting technique that the people who
manage Social Security funding have used many times in the past to
prevent benefit cuts. The two funds that comprise the Social
Security system have essentially borrowed from one another as
necessary over the years to ensure that benefits can be paid in full
each year. SSDI, which is the primary program for providing federal
benefits to people unable to work due to disability, is projected to
hit a shortfall in late 2016. Reallocating revenue from the much
larger Social Security retirement benefits fund to SSDI would cover
the shortfall, and trust fund managers have performed such
reallocations 11 times since the late 1950s.
But the Republican rules package prohibits Congress from authorizing
such a transfer. That will force a showdown over how to finance
disability benefits sometime in the next two years, with the threat
of a nearly 20 percent cut to SSDI payments looming over the debate.
The measure was overshadowed in the news by a separate rules package
measure that threatens to rig the legislative process in favor of
trickle-down tax policy, until the beginning of this week when
critics began to decry the change.
The Center on Budget and Policy Priorities called the rule an
“attempt to pit retirement and disability beneficiaries against each
other” that misrepresents how the two funds operate, and pointed out
that the only reason SSDI is in funding trouble next year is that it
got short-changed by the past two reallocations of funding between
disability and retirement benefits. Sen. Elizabeth Warren (D-MA)
accused the GOP of “inventing a Social Security crisis that will
threaten benefits for millions & put our most vulnerable at risk.”
Sen. Sherrod Brown (D-OH) called it “a dangerous new rule” that will
“set the stage to cut benefits for seniors and disabled Americans,”
and pointed out that reallocating funds between the accounts is so
uncontroversial that President Reagan oversaw four of the 11 times
it has been done in the past.
Rep. Tom Reed (R-NY), who is taking credit for engineering the rules
change, has received significant campaign financing from at least
one well-heeled conservative supporter of cutting Social Security.
Reed has gotten over $134,000 in contributions from people tied to
vulture capitalist Paul Singer’s firm Elliott Management, according
to the Center for Responsive Politics. Singer is most famous for his
battle to force the nation of Argentina to prioritize debt payments
to Elliott Management over public expenditures for its 41 million
citizens. But the generous Republican donor is also a sharp critic
of American government spending and has called for cutting benefits
in Social Security, Medicare, and Medicaid.
Reed told the Associated Press that his rules proposal is intended
to force a reckoning over social insurance spending. “We need real
reform,” he said, and “this makes that real reform that much more
likely.” Leaving aside the question of what Reed means by “real
reform,” and the fact that the proposed reallocation would have
extended disability funding by 17 years while reducing retirement
funding by just one year, the move is raising serious procedural
concerns among retiree advocates.
Social Security experts Nancy Altman and Eric Kingson labeled the
move “hostage-taking to force changes that the American people do
not want to a vital program” in a piece for the Huffington Post.
Reed’s rule means that “we could be facing a deadline, and certainly
over the last couple of years ,we’ve seen Congress seemingly unable
to pass bills, even with deadlines in front of them,” the American
Association of Retired Persons’ David Certner told the AP.
The other political ingredient in the debate Reed and the GOP are
trying to force is years of skewed media coverage of the disability
insurance system. Reports that SSDI is riddled with fraud and
overrun with false claims have showed up in an ideologically diverse
array of news sources over the past two years, from public radio’s
This American Life to CBS’ 60 Minutes to the conservative media
machine. The reality is that just 41 percent of those who apply for
disability benefits receive it thanks to the program’s uniquely
strict eligibility rules and stringent, multi-layered application
process. Among those who do clear the program’s hurdles and enroll,
fraud is extremely rare. A 2011 Government Accountability Office
report found an erroneous payments rate of just 0.6 percent, among
the lowest of any government program, and President Bush’s Social
Security Administrator estimates waste, fraud, and abuse account for
less than 1 percent of SSDI spending. But the reality of the program
— such as the fact that disability insurance is getting more
expensive because of long-anticipated demographic shifts — has
likely already been lost in the trans-partisan furor over a supposed
epidemic of freeloading.
THE GOP has its own pensions, big fat ones. Now they will decimate social security for the rest of us. A POME:
HOW WILL I DESTROY YOU?
LET ME COUNT THE WAYS
PRIVATIZE THE SYSTEM
MAKE YOU WAIT 'TIL SEVENTY YEARS --
HOW CAN WE GET THE BILLIONS OUT
WHICH YOU STUFFED IN YOUR PENSION?
Oh BUBULA SO MANY TRICKS.
JUST TOO MANY TO MENTION!
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