that republicans wanted so dearly to hand over to Wall Sreet, but were stopped by Democrats and even their own constituents.

Who knew?

....is a result of TWO THINGS:

- Billionaires not paying their fair share into the system for decades (RAISE OR REMOVE THE DAMN CAP)
and
- Trump's removal of IMMIGRANTS and citizens who pay BILLIONS into Social Security, Medicare, and Medicaid, but most of whom do not get benefits out because they are not eligible (regardless of what the fraud-screaming Republicans say).

So BOTH of these things are sucking money out of all these programs. ONE of them is the result of the BBB and Trump's immigration policies.

The OTHER is something that SHOULD have been dealt with a LONG time ago when Democrats were in power and had the chance - but now it's too late.

Both parties to blame? YEP. One for what they DID and the other for what they DIDN'T do.

...one thing that will be absolutely necessary and likely one thing REPUGNANTS will not want to do.

It can mean bankrupt, if you're unable to discharge or meet all debts and that might lead to liquidation but it's not the same thing.

In the case of Social Security, insolvent means it just won't be able to meet all debts and obligations.

1a : unable to pay debts as they fall due in the usual course of business
b: having liabilities in excess of a reasonable market value of assets held
2: insufficient to pay all debts

It's at $184,500. now.

Is it that there's a point if we remove the cap entirely it would result in overly large payouts to the highest earners that would cost more than it gains?

There are many ways to make sure SS is not only solvent, but increased!

But they'd rather browbeat and manipulate us year after year into saying "well, SS won't be there for me..."

Fuck our privatizing overlords!

If this comes to pass.

I think even Repukes will avoid a 22% cut to SS payments.

Kind of grotesque politics that it's not. It's a peculiar situation. In the midterms, older voters vote at much higher rates. Yet, somehow, we don't seem to be pushing the strength of the Social Security issue, the strength of a hugely successful program we Democrats created.

I'll bet a lot of our leaders want to make it an issue. I actually question any that don't. Why?

No more. He's fine with it

Now it fits in with "we can afford nothing except shovelling billions into the pockets of people who already have obscene wealth."

They are literally saying it:

No tax dollars for safety nets, no tax dollars for protection against disease and pests, no tax dollars for healthcare, no tax dollars for regulatory oversight and enforcement, no tax dollars for justice for financial crimes, no tax dollars for auditing the rich, no tax dollars anti-terrorism, no tax dollars for national security, no tax dollars for advancing science, no tax dollars for community development, no tax dollars for contending with climate change... and on and on.

All our tax dollars are good for two things: enriching the rich and abusing, denying access to courts, and deporting every non-white person they.can get away with.

I think they honestly believe they can so thoroughly corrupt our elections that they are just fine with pushing an agenda that 80% of the nation utterly rejects.

I think they are flat wrong.

Time will tell.

This slogan should be a rallying cry for all elected Democrats and for those on the campaign trail seeking office. It should be repeated loudly as often as possible and be a primary goal of the Democratic Party. Why this hasn’t happened yet is perplexing to say the least. What are they waiting for?

Neither party will do anything until the 11th hour approaches

It also stems from obstruction of increases in legal immigration that would bolster the younger population.

It's not like the demographics suddenly "happened" and this is some f-ing unavoidable "surprise."

We will address and fix the impending SS shortfall ! They will just let it fall !

about this issue. Even people with GOP reps and senators.
Hound them

The wealthy have armies if accountants and many loopholes given by Republicans to help them avoid taxes. As just one example, billionaire Bezos does not take a salary, and thus he does not pay income taxes, SS taxes, or Medicare taxes. He borrows from his company to pay living expenses. How many other multimillionaires and billionaires do the same?

In addition, only income is subject to the SS and Medicare taxes. Many of the wealthy live on dividends that are also not subject to payroll taxes. We could improve the fairness of our tax code by simplifying it and taxing more sources of income.

the cap. But it takes political will power to do that.

for wanting to put SS in a lockbox. They hounded him endlessly. Dubya was declared the winner and the stealing of our money ensued.

The majority of Trump supporters I personally know are not on Social Security benefits, they are all Receiving a disability check. Most of them never had a job for enough years to be eligible for Social Security.

Anything.

It's what people do.

but.....but......
What about Hunter's laptop?

$1400 plus isn’t enough.

But everything done in the last 40 years to increase who's eligible for what disbursements has contributed to it.

That includes allowing "double dipping," increasing the ability of partners to tap spouse's benefits, increasing benefits to disabled people or to children. Anything that increased expenses without increasing income helped to get us to this state, but politicians frequently like to do exactly that.

Inflation is a mixed bag, but since the stipulated Trust Fund interest rate was less than the inflation-driven increases in benefits, that also helped depreciate those assets. Inflation may increase contributions when payout's on the low side, but with increased number of people receiving payouts the expenses outpace the increased revenue.

If I'm still alive.

I got their 22% swinging.

Keep the rise for high wealth individuals as a sliding solvency tax with a yearly adjustment built in.

Problem solved.

The sooner the cap is scrapped, the sooner the problem is solved.

There is the solution.