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Re: Washington's Unfair Targeting of Social Security Benefits

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And this is brand new news to you??!!!! SS and SSDI were never set up to give

" full retirement " or " full disability " benefits - I mean you won't receive as

much from Social Security or SSDI as you did while you were working full-time.

This is the 2nd year in a row SS and SSDI recipients do not receive a cost of

living adjustment.

In its 2006 report, the Social Security Board of Trustees projected that the

OASDI program will begin experiencing cash flow deficits in 2017, and in 2040

will be unable to make all scheduled benefit payments on a timely basis, under

the Trustees' intermediate assumptions. Should that outcome be realized,

beneficiaries will realize a 26 percent reduction in benefits in 2040, with that

reduction gradually increasing to 30 percent by 2080.

http://www.whitehouse.gov/omb/expectmore/detail/10008001.2006.html

http://www.wv/omb/expectmore/detail/10000370.2003.htmlhitehouse.go

http://www.whitehouse.gov/omb/expectmore/agency/016.html

http://www.whitehouse.gov/omb/expectmore/detail/10002348.2007.html

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They should though - not a life of luxry but basic subsistance. I'm disabled

and on SS and my wife willl apply soon - she is working ootside and will

continue as long as her job holds.

They can always stoip the wars fo rno purpose and deport the iillegals and that

will be plenty of money.

Hansen

Re: Washington's Unfair Targeting of Social Security Benefits

And this is brand new news to you??!!!! SS and SSDI were never set up to give

" full retirement " or " full disability " benefits - I mean you won't receive as

much from Social Security or SSDI as you did while you were working full-time.

This is the 2nd year in a row SS and SSDI recipients do not receive a cost of

living adjustment.

In its 2006 report, the Social Security Board of Trustees projected that the

OASDI program will begin experiencing cash flow deficits in 2017, and in 2040

will be unable to make all scheduled benefit payments on a timely basis, under

the Trustees' intermediate assumptions. Should that outcome be realized,

beneficiaries will realize a 26 percent reduction in benefits in 2040, with that

reduction gradually increasing to 30 percent by 2080.

http://www.whitehouse.gov/omb/expectmore/detail/10008001.2006.html

http://www.wv/omb/expectmore/detail/10000370.2003.htmlhitehouse.go

http://www.whitehouse.gov/omb/expectmore/agency/016.html

http://www.whitehouse.gov/omb/expectmore/detail/10002348.2007.html

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Here is a link

http://www.fiscalcommission.gov/sites/fiscalcommission.gov/files/documents/CoCha\

ir_Draft.pdf to the draft briefing of the President's BI-PARTISAN committee

recomendations.

I draw your attention to Slide #4, item 2, specifically " ...shared sacrifice... "

Also, look at slide 36, " ...robust public option ... "

IMNSHO, this draft plan is a pretty good road map. Also IMNSHO, this plan will

never be activated because each constituency will loudly complain how THEIR

piece of the pie cannot be cut, and in fact should be increased.

>

> It appears that Washington may target SS (and possibly SSDI) for cuts in the

future. Any thoughts?

>

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You are so right.

Re: Washington's Unfair Targeting of Social Security Benefits

And this is brand new news to you??!!!! SS and SSDI were never set up to give

" full retirement " or " full disability " benefits - I mean you won't receive as

much from Social Security or SSDI as you did while you were working full-time.

This is the 2nd year in a row SS and SSDI recipients do not receive a cost of

living adjustment.

In its 2006 report, the Social Security Board of Trustees projected that the

OASDI program will begin experiencing cash flow deficits in 2017, and in 2040

will be unable to make all scheduled benefit payments on a timely basis, under

the Trustees' intermediate assumptions. Should that outcome be realized,

beneficiaries will realize a 26 percent reduction in benefits in 2040, with that

reduction gradually increasing to 30 percent by 2080.

http://www.whitehouse.gov/omb/expectmore/detail/10008001.2006.html

http://www.wv/omb/expectmore/detail/10000370.2003.htmlhitehouse.go

http://www.whitehouse.gov/omb/expectmore/agency/016.html

http://www.whitehouse.gov/omb/expectmore/detail/10002348.2007.html

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