Summary
At the first meeting of the DOGE Caucus, a new congressional group focused on government efficiency, Republican Rep. Greg Lopez stated that cuts to Social Security and Medicare are likely “on the table” as part of debt reduction efforts.
The caucus, led by Elon Musk and Vivek Ramaswamy, aims to slash government spending, raising concerns among advocacy groups about potential attacks on anti-poverty programs.
Critics, including Social Security Works, warn the caucus may push for privatization and benefit reductions.
This comes despite Trump’s prior commitment to protect these programs.
Someone needs to share this news with @BigMacHole@lemm.ee
well i guess it’s a good thing nobody really needed that Social Security anyways /s
i’m impressed over and over again what kind of mental flexibility allows people to call themselves “followers of jesus” and then implement such regulations.
WHUT? I thought Trump was just going to kick out all the illegals and fuck over China! No one told me there would be DOMESTIC consequences!! Why didn’t anyone warn me? At all his rallies he said the next 4 years would be awesome. Now I’m starting to think I was misled!
nooo trump will definitely make the country great again, you see, but just like every great empire, so does this one require slaves/victims. otherwise if you’re not winning against someone, what is the point in greatness?
kek
Bahahahahaha.
Sure sure. I’m game for moving social security, but now how about you give back all the fucking money I put in it WITH interest since ya know… Inflation.
All you guys who didn’t vote for whatever reason… I hope you’re happy.
I think that anyone who didn’t vote because they thought the two were equivalent are probably not the type of person to keep up with this type of thing. So, there is probably ignorance, not necessarily stupidity (although there is that too). Ignorance is bliss. They’re probably in their own world worrying about other things, and they probably are happier for it.
I am envious. It will be bad enough to suffer resulting from everything president dipshit will do, but suffering from frustration knowing it is coming is awful too.
I’m watching the machine that’s oppressed me and everyone I love accept a newly tossed wrench right into the gears.
I’d be lying if part of me wasn’t happy to see the first few sparks.
Sure, Trump threw it. Were you throwing anything but memes? Soon you’ll get to throw bricks and molotovs.
I’ve actually been Black Bloc at protests going back to the Occupy movement, I’ve been throwing shit. Can I assume you’re one of those dickhead accelerationists that’s never actually done anything and just wants to stir shit up?
EDIT:
cuts to Social Security and Medicare are likely “on the table” as part of debt reduction efforts.
Medicare for all? More like Medicare for none.
Remember, we fucking paid for social security. It’s not government pork. It’s ours.
Don’t worry, you’ll continue to pay for it. You’ll probably even pay more.
The cuts are just for the people receiving it. They’ll lose money. Which means you’ll lose even more in the future.
A majority of young people agree on what the right course of action is here. Remember to leave your phone at home. Don’t talk to the police.
No, it’s theirs. They’re going to take it and we’re just going to let them because we are cowards.
You, me, the next guy that posts a meme, complete and total cowards who are going to bend over and let him fuck us.
Y’all let it get this far, are you waiting on something? Bend over, then.
Up, it has a surplus. Government ‘borrows’ from the pool to pay for stuff. When they say they’re making cuts, what they mean is they don’t intend to pay the debt.
‘Member when Dark Brandon called republicans out on this in his state of the union address, and they all booed and denied it?
Pepperidge Farm ‘members
Too bad “dark” Brandon couldn’t appoint a competent attorney general. Or stand up to the Israeli genocide. It so any of the important things that could have prevented voters not caring to turn out, having felt abandoned and ignored… But at least he said some things
It’s funny, I listened to Steve Bannon’s war room the other day and he was demanding that they not touch social security and go after the elites and the NGOs instead. Can’t imagine this will play well with the voters that swung towards the republicans
oh i’m sure the voters will do the same thing they always do.
Rabidly support it until its too late, then go full “I didnt think he was going to hurt MY social security! Its not me hes supposed to be hurting! Its the poors! and the minorities! Why is he hurting me?! I’m a loyal supporter!”
So Bannon’s the Röhm of this administration? Interesting to see when and how they give him the shove.
A huge, mouth watering steak walks up to you and says, “There’s no more food.”
That’s rich.
ill see myself out
Thank you, I couldn’t think of a better analogy
It’s funny at this point. Either the rich pay their share or we Mangione them. Tick tock musky. Tik fuckin tok.
I’m legit surprised some big stock brokerage or finance firm hasn’t loaded up to the tits on Tesla short positions and then sent in a couple of Luigi’s.
Wouldnt the company be more profitable without his interference and huge salary/bonus?
Nah, he’s basically projecting that he’s in a position to remove any agency blocking anything he wants to do with his company. We’ll see if Congress actually lets him do it
Tesla valuation at this point isn’t vaguely related to how good or bad their actual business is, at this point it’s people buying into “co president Elon”.
Yes if you consider tesla a company. No if you consider it as a way to buy influence via President Musk. (am slightly being sarcastic)
Fucking DO IT
Don’t worry, the cuts will drain social security just in time for when you go to collect. Current recipients will go un affected. I have no insider knowledge, I just understand that corporate America hates my generation.
Friendly reminder that Social Security is a separate government program that funds itself.
What Musk is talking about is stealing from Social Security in order to cut taxes elsewhere (namely cutting taxes for people like Musk).
That’s exactly his plan. So how are we going to stop him?
Right now, it is looking like we have missed our chance to do much about it. The only other options on the table are pretty grim.
That’s not completely true. Social Security is supposed to fund itself, however it’s currently facing a funding shortfall with current estimates that it will be depleted in 2035. There are many suggestions on how make this program solvent, including bolstering it with general funds.
That’s not completely true. Long ago they put it into the general fund. There is always a shortfall in the general fund. Before they put it in there it was solvent, and if they wouldn’t have it would be completely solvent today.
It was already stolen. They want the rest.
I think a good start would be to stop allowing Republicans to raid Social Security for quick cash, like they’ve been constantly doing since the Reagan administration.
But then how could they argue it’s insolvent‽
How does it fund itself? What’s the income? Just Social Security Tax?
It doesn’t fund itself, but it’s a completely separate fund [bucket of money] than the rest of the government budget, with a specific tax that goes directly to it and nothing else.
Yes, it’s a payroll tax. Your paycheck may show how much you are paying into Social Security. This is money meant to help you and others after retirement. Musk wants to take that money and instead use it to fill unrelated gaps in the federal budget, gaps caused by Trump’s tax cuts for the very wealthy.
Holy shit I never realized it until you explained it like this. Thank you, and also we are fucked.
We are only fucked if we let it happen.
ffs
This is one of the rare cases where I want to laugh at the silly US, but can’t because our “scial security” (we call it “retirement savings”) is being missapropriated for general funds as well :(
I just this year set up regular investment (part of my paycheck) into various funds to save for retirement privately.
Social Security is more than just retirement.
I just this year set up regular investment (part of my paycheck) into various funds to save for retirement privately.
Social Security got the structure it has after the Great Depression wiped… well, you know. Everyone. Out.
I’m sure your private equity will be run much more responsibly throughout your life though, no need for some big ol’ stupid government to guarantee your retirement or anything. Carry on!
no need for some big ol’ stupid government to guarantee your retirement or anything.
I still have the government guaranteed pension as well, not as if I could opt out even if I wanted to, which I don’t.
The concept of the day: Diversification!
Social Security fund invested in government bonds, so the interest from that goes into the fund.
To be fair the budget deficit was there before Trump. His campaign promises are going to increase it, but they can offset that partially with spending cuts. Also, the government has been using money from the Social Security fund routinely, again nothing new under Trump. They just count it as an internal debt. According to Wikipedia, by 2022 it’s been already about 20% of the fund “borrowed” by the government.
Another thing about the tax is that there is a cap on the amount you pay into it https://money.usnews.com/money/retirement/social-security/articles/what-is-the-social-security-tax-limit. Meaning it’s a regressive tax where lower income people pay more than wealthy people (not to mention that many wealthy people may not have traditional income and pay no taxes for this).
