Republican Tax Cut For Rich To Kill Social Security and Medicare
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Republican Tax Cut For Rich To Kill Social Security and Medicare
| Sat, 10-30-2010 - 11:40am |
A quick look at the Republican "Pledge To America" shows that Republicans have nowhere near the same focus on cutting spending as they do on cutting taxes.
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Thanks for your reply. I completely agree with you, with the exception that a pension plan can't or shouldn't be altered. My dh is works for a company that has/had a pension plan, however his has been frozen. He'll only be able to receive a payout at the level he was when they froze it. Any further retirement savings is up to us at this point. I don't see why public pensions can't be handled the same. Don't yank them completely, but freeze them and let the employees participate in 401Ks or 403Bs' (available to education employees now along with their pensions).
I do feel that the retirement age for public employees should be more in line with the average life expectancy in this country. 65 - 70 is not unreasonable.
I do feel that if folks want to retire early they should save up for it, make sacrifices in their lives now to be able to retire early and honestly be prepared to make further sacrifices later in life to live on less. I don't think my tax money should be paying anything towards that early retirement UNLESS that early retirement is forced due to physical disability.
Hmmm......gee thanks Obama. Thanks Pelosi.
Here's an interesting article on the topic.
http://civfi.com/2010/05/22/funding-social-security-vs-public-pensions/
How do you feel about pension plans?
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