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USA Social Security Benefits - Page 3

Perry was right: Soc. Security is a Ponzi scheme

Glenn recapped the GOP debate last night, one which saw two clear frontrunners pull away from the pack. Mitt Romney and Rick Perry took center stage early and often, engaging in a few clashes over jobs and social security. Rick Perry took some heat from the moderators for calling Social Security a 'Ponzi scheme' - but was he wrong? Ref. Source 2

Benefits Security Social USA

Social Security recipients will receive a cost of living adjustment of 3.6% starting in January, their first raise in three years.

Because inflation has been very low in recent years, beneficiaries have not seen an increase since 2009, when they received a 5.8% boost.

However, most seniors are not likely to receive the full amount of the increase because an expected hike in Medicare premiums could eat up part of the raise. The change in Medicare premiums, which could increase by a double-digit rate, is expected to be announced next month. Ref. CNN

USA Social Security Benefits History & Civil Business Politics

Hundreds 'occupy' Washington offices demanding stronger social security:

Hundreds of people from across the US demonstrated in Washington Tuesday for jobs and stronger social security by converging on the offices of US lawmakers in Congress. Ref. Source 2

Page 3 Benefits Security Social USA

Social Security Is Not Going Broke:

Which federal program took in more than it spent last year, added $95 billion to its surplus and lifted 20 million Americans of all ages out of poverty? Why, Social Security, of course, which ended 2011 with a $2.7 trillion surplus Ref. Source 7

Benefits Security Social USA

Indentured Servitude for Seniors: Social Security Garnished for Student Debts
By Ellen Brown

Congress has removed nearly every consumer protection from student loans, including not only standard bankruptcy protections, statutes of limitations, and truth in lending requirements, but protection from usury (excessive interest). Ref. Source 8

USA Social Security Benefits

Social Security getting tougher to fix as time goes on

Despite Social Security's long-term problems, the massive retirement and disability program could be preserved for generations. Ref. Source 2

USA Social Security Benefits - Page 3

Poll: Americans say raise taxes to save Social Security benefits

Most Americans say go ahead and raise taxes if it will save Social Security benefits for future generations. Ref. Source 5

USA Social Security Benefits Politics Business Civil & History - Page 3

Why even President Obama won't champion social security:

Although millions of middle-class Americans strongly support social security, big bucks campaign donors hate it. That's why. Ref. Source 3