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WhoIsNumberNone

(7,875 posts)
Sat Dec 26, 2015, 01:36 PM Dec 2015

TYT: Paul Ryan Wants To Cut Social Security



"The budget deal struck between Republican congressional leaders and the White House on Monday night would negate a previous GOP ploy to stage a crisis in Social Security funding next year.

The deal will prevent a benefits cut by transferring funds from the main Social Security trust to the Social Security Disability Insurance (SSDI) trust, which would otherwise run short of funding next year and be forced to cut payments to beneficiaries by 20 percent. Congress has used that rudimentary policy solution to the shifting tides of financing between the two Social Security trust funds for decades, but Republicans had moved to block such a transfer back in January in hopes of creating a high-pressure legislative crisis around the disability program.”*

Read more here: http://thinkprogress.org/economy/2015/10/27/3716562/boehner-budget-deal-social-security/

John Iadarola (Think Tank), Jimmy Dore (The Jimmy Dore Show Podcast), and Margaret Howell (The Lip TV), hosts of the The Young Turks, break it down. Tell us what you think in the comment section below.
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TYT: Paul Ryan Wants To Cut Social Security (Original Post) WhoIsNumberNone Dec 2015 OP
It always seems as if there is no saltpoint Dec 2015 #1
Barred from front page WhoIsNumberNone Dec 2015 #2

saltpoint

(50,986 posts)
1. It always seems as if there is no
Sat Dec 26, 2015, 01:39 PM
Dec 2015

real chance for a brokered convention for the GOP this year, although there can be rapid shifts in events that could conceivably produce one.

They won't be able to agree on a nominee from the contending candidates. So perhaps someone from outside will have to be trotted out onto that stage in Cleveland.

Someone, say, like Paul Ryan.

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