Misleading Media Headlines on Social Security & Medicare Finances
Reading the headlines from earlier this week, one would think that Social Security and Medicare were on
Republicans are Considering Eliminating the Social Security Payroll Tax as Part of a Grand Tax Reform Scheme
“One [proposal] circulating this past week would… eliminate much of the [Social Security] payroll tax…” Sources: Associated Press Article Congressional
The National Committee Does not Support the Congressional Majority’s Continuing Use of Social Security as a Bargaining Chip in budget negotiations
“...the new budget drastically cuts Social Security benefits for many of those now collecting, drastically cuts benefits for many of
Social Security Is Not “Paying Itself”
McArdle’s disdain for Social Security is sprinkled throughout her error-laden story. Here are just a few samples (emphasis is ours):
Chained CPI Will Cut Benefits Immediately
Quote:“…economists say you really have to do things like reform Social Security and Medicare and the President’s budget doesn’t do
Social Security Will Exist for Future Generations
Quote: “ ‘President Obama’s plan provides no hope of balancing the budget, no plan to save Social Security or Medicare,
Congress Should Lift the Payroll Tax Cap to Help Future Generations
Quote: “Here’s the reality, at the rate we’re spending, the system (Social Security) will be bankrupt by the time you
Americans Do Not Support A Broad Agreement to Cut Benefits in Order to Preserve Social Security
Quote: “And there's broad agreement Social Security could be made solvent with a mix of relatively small tax increases and
Reporter Promotes Generational Warfare by Making False Claims About Social Security and Medicare
Quote: “[I]f current taxes and entitlement promises are not reformed, the cupboard will be largely bare for today’s Facebook generation” Source: Sorry