Social Security NEW Insolvency Date Released by US Government | Debunking Fake News

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ClearValue Tax

Ай бұрын

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Пікірлер: 2 100
@frankcortez954
@frankcortez954 Ай бұрын
I think politicians’ salaries should go insolvent
@Boostlagg
@Boostlagg Ай бұрын
They don't make much salary wise. Most of their income comes in from insider trading and bribes.
@jamesmendoza4789
@jamesmendoza4789 Ай бұрын
Agree, just give them enough for food and housing. That would make whoever becomes one want to do that job instead of abusing it
@marvn56941
@marvn56941 Ай бұрын
​@@Boostlaggwell said...
@carlosserrano7714
@carlosserrano7714 Ай бұрын
Absolutely! 💯🔥🔥🔥
@xxxxMonkeyGirlxxxx
@xxxxMonkeyGirlxxxx Ай бұрын
@@Boostlaggbingo
@user-zb7tg5hi3t
@user-zb7tg5hi3t Ай бұрын
We give 90 billion to Ukraine but can’t fund social security.
@danawaldrop4930
@danawaldrop4930 Ай бұрын
Next year it will be 190 billion! And still... the American people will sit around and whine but do NOTHING about it. How far will we let them take it???
@hollyg.5621
@hollyg.5621 Ай бұрын
Ironic, isn’t it?
@cryss5972
@cryss5972 Ай бұрын
💸
@russgould707
@russgould707 Ай бұрын
They will let them go all the way.​@@danawaldrop4930
@bitcoindaddy1
@bitcoindaddy1 Ай бұрын
Ukraine is treasury debt, SS is from payroll..two different things. If they bailout Ss with treasury debt then money would be worthless
@kimcissell1905
@kimcissell1905 Ай бұрын
Americans need to vote everyone out of office in both parties.
@Satjr35031
@Satjr35031 Ай бұрын
How is that going to happen?
@reginafisher9919
@reginafisher9919 Ай бұрын
Agree
@kcbroncohater
@kcbroncohater Ай бұрын
Just the democrats would fix this.
@NancyNoo7007
@NancyNoo7007 Ай бұрын
It’s impossible if they continue to steal the elections..
@micheleervin3151
@micheleervin3151 Ай бұрын
I don't listen to the media I listen to you Brian
@JazminJuarezAngryChibi2019
@JazminJuarezAngryChibi2019 Ай бұрын
Can we sue the govt for not paying the full 100% of SS funds?
@JamesWang007
@JamesWang007 Ай бұрын
No $ for Americans, yet unelected officials say we have money for 3 simultaneous wars
@josha.bdoge2
@josha.bdoge2 Ай бұрын
Let's not forget about all the available money for the ILLEGAL immigrants......
@stopthecap2644
@stopthecap2644 Ай бұрын
Exactly how it works… plenty of money they can create for their own ideals but not for our own people.
@stopthecap2644
@stopthecap2644 Ай бұрын
I wonder how the economy would be right now, had we not spent insane amounts of money on other people’s shi over the past 2-3 years
@astridgalactic9336
@astridgalactic9336 Ай бұрын
@@stopthecap2644 Not to mention all of the money they robbed out the SS funds years ago.
@vuxle
@vuxle Ай бұрын
⁠@@josha.bdoge2ILLEGAL ALIENS, not migrants
@rufiorufioo
@rufiorufioo Ай бұрын
So then stop taking Social security out of my checks.
@hush___gaming5598
@hush___gaming5598 Ай бұрын
Get an education. Will you earn over $5.7 million by the age of retirement to live on? If not, you better fight for social security.
@Flowilty
@Flowilty Ай бұрын
@@hush___gaming5598 Why did you assume they're uneducated?
@Kyrid
@Kyrid Ай бұрын
@@hush___gaming5598 so people on social security are getting millions right now? I can save my own money, I dont need the government to do it for me
@jokerfeed839
@jokerfeed839 Ай бұрын
@@Flowiltybecause he assumes everyone’s like him 😢
@WineHouse33
@WineHouse33 Ай бұрын
Sorry, it was already send to the money laundering operation in Ukraine
@maon169
@maon169 Ай бұрын
I am 33!! why do I have to keep paying for social security if by the time I turn 65?? I won’t probably get any?? There should be an OPT OUT option for that CRAP!!
@happyappy19931
@happyappy19931 Ай бұрын
Exactly!
@lsfromrncforjc2254
@lsfromrncforjc2254 Ай бұрын
There is; it’s called die early. 😢😢😢
@PostMeridianLyf
@PostMeridianLyf Ай бұрын
Bitcoin
@user-se8en2ix7q
@user-se8en2ix7q Ай бұрын
we're not having enough births to replace ourselves. So who's going to be working and putting into SS that we will get ours when we're older? It's a scam and really just another tax.
@blanketyblank7561
@blanketyblank7561 Ай бұрын
There actually is an opt out form for your taxes but I don't think there's a reverse for it in other words if u change your mind your fucked
@mikerowley3508
@mikerowley3508 Ай бұрын
It's amazing how we have plenty of money for Ukraine and Israel for their wars, but we have none when it comes to our own citizens.
@rhena229
@rhena229 27 күн бұрын
Exactly!
@Syzygy_Bliss
@Syzygy_Bliss 26 күн бұрын
The plan may well be for current politicians to “retire” just before the social security payout is forcibly reduced, let their successors take the repetitional damage, and then re-run to “restore competence in governance”. And while they’re out of office, they’ll of course sit on boards of fortune 500 companies and pull in big dollars.
@michaelvenditte2010
@michaelvenditte2010 Ай бұрын
Congress needs to put the money back into social security that they took out, which was roughly 1.7 billion dollars over the years. Instead of giving themselves fat raises every year, put the money back in social security! I'm sick and tired of hearing about it going insolvent! Absolutely ridiculous and criminal!
@aolvaar8792
@aolvaar8792 Ай бұрын
SSA spends $100 billion/mo
@hassanfawaz8322
@hassanfawaz8322 Ай бұрын
It was much more than 1.7 billion, Congress actually "borrowed" all of it. I think it was 2.7 Trillion, the trust fund is just govt debt
@artspark7697
@artspark7697 Ай бұрын
It's way more than that.
@michaelvenditte2010
@michaelvenditte2010 Ай бұрын
Thanks for the update. The last time I read about it, it was 1.7 billion. I believe you. I'm not surprised it's a trillion. Criminal!!
@lindahammond7759
@lindahammond7759 Ай бұрын
President Bush and Dick Chaney stole money from SS to pay in 2001 for the Iraq war who did not do 911 as we were lied to over and over. They never paid in back just like Congress stealing money from SS. Bush and Chaney got super rich from that war especially the stock they bought in companies that make military equipment . This is the reason why US starts wars around the world- to get rich from their cut, inside trading, knickbacks, etc. They don’t mind killing people!
@dustinquinton
@dustinquinton Ай бұрын
So, give me back all the money I have paid into social security. What a Ponzi scheme.
@chameleon2432
@chameleon2432 Ай бұрын
Exactly!
@ShauhuaGu
@ShauhuaGu Ай бұрын
No money in retirement fund corrupt politicians just use new tax payers and loan from Asian countries commi China pay for retirements now Amerikkka is screwed now not 2034 by print too much money cause high inflation soon hyper inflation all shit hit fen. 😂Kakakak Kakakak😢 yes USA capital shit system is best shit hole.
@rachelengstrom9120
@rachelengstrom9120 Ай бұрын
They should also pay interest.
@SKYREN1134
@SKYREN1134 Ай бұрын
All of congress, the senate, and the executives should be denied their income until the debt is eliminated. Let their “sound investments” carry them over.
@DeezBallzz
@DeezBallzz Ай бұрын
Govt: We cant fund SS...but we sure can fund trillions in 2 wars at someone else borders....
@Satjr35031
@Satjr35031 Ай бұрын
We are not funding trillions
@DistractedDaisy
@DistractedDaisy Ай бұрын
The US postal service is forced to save the pension money without touching it for other expenses. Why aren’t social security funds treated the same?
@gringoboy701
@gringoboy701 Ай бұрын
Because that would require responsibility.
@millyonair9225
@millyonair9225 Ай бұрын
because they hate we the people.
@meateater4life551
@meateater4life551 Ай бұрын
You mean taxpayer money kept aside for government employees? Surely the government would never make themselves better off than the average citizen, while using taxpayers money to do it.
@artspark7697
@artspark7697 Ай бұрын
They were until Ronald Regan.
@alanrussell6678
@alanrussell6678 Ай бұрын
@@artspark7697 Wrong. In 1968, Lyndon B. Johnson signed into law an amendment that allowed Congress to remove any surplus funds from the Social Security Trust Fund and transfer them to the general fund.
@QuangNguyen-of9rl
@QuangNguyen-of9rl Ай бұрын
After paying into social security for 20 years, I’ve accepted the fact I won’t get a dime back in retirement…never rely on the government for your wellbeing.
@benjamindavis2896
@benjamindavis2896 Ай бұрын
Everyone with at least 20 more working years need to hear this and plan accordingly
@Snapcall27
@Snapcall27 Ай бұрын
This is the mentality I adopted as well
@Daniel-bv2ot
@Daniel-bv2ot Ай бұрын
@@benjamindavis2896and accept the reality that we were robbed to support the wealthiest generation ever.
@cdevidal
@cdevidal Ай бұрын
Also plan for inflation ripping higher. Might as well buy the book "101 Ways to Cook Alpo Dog Food and Like It" now while it's on sale 😕
@RAWNREALFAITHUNLEASHED
@RAWNREALFAITHUNLEASHED Ай бұрын
This is sadly true and this is why people need to wake up and realize the government is not for the people. Instead the government forces the people to be for the government… it’s very evident. The people are only for growth of the governments pockets, we need to stop relying on them and do for ourselves , help each other etc .
@penguinatedthings305
@penguinatedthings305 Ай бұрын
I've been paying into this since I was 14 years old. Almost 40 now. I got robbed.
@angelrivera6915
@angelrivera6915 Ай бұрын
Im sorry 😢
@TheWiiplay
@TheWiiplay Ай бұрын
Wake up folks.The money isn’t yours, just the bill.
@crunchyblack2224
@crunchyblack2224 Ай бұрын
I would gladly take all of mine back with 10% interest. I’d rather invest it myself.
@MikeStJacques
@MikeStJacques Ай бұрын
Repubkicans tried allowing that in the 1990s but the Democrats stopped them. Pres George Bush tried pushing that too after Clinton but was stopped by the DEMS again.
@spicycandyapple
@spicycandyapple Ай бұрын
I’d be happy if they just give mine back.
@lenonkitchens7727
@lenonkitchens7727 Ай бұрын
I'd be happy if they just stopped taking it out of my check and ended the program.
@nomoretez
@nomoretez Ай бұрын
We should file a suit for those of us that have paid and won't get anything. The claims paid from all the Congressional estates and pensions.
@jrfish007
@jrfish007 Ай бұрын
So you’re going to sue the government for something it has yet to do to you… good luck, pretty sure you’ll be way behind the people they have already screwed, oh that all of us taxing paying Americans
@Kevin-tn5rr
@Kevin-tn5rr Ай бұрын
Ripping off people that paid into it just like workman's comp theft.
@mommycouponingactivities3477
@mommycouponingactivities3477 Ай бұрын
I agree ❤
@llzbutton5608
@llzbutton5608 Ай бұрын
They haven't worked on it because they've been to busy framing Trump and fighting between parties. All they care about who gets all the power to control us. Trump 2024 and as long as it takes to MAGA for America and not just for politicians.
@hollyg.5621
@hollyg.5621 Ай бұрын
Get us started… be glad to jump on.
@turbobros_online1561
@turbobros_online1561 Ай бұрын
Stop sending money overseas!!!!!
@roberthodges6401
@roberthodges6401 Ай бұрын
That is why I am taking my Social Security now at 63.
@jogmas12
@jogmas12 Ай бұрын
65 here but ssa is dragging their feet on my application. Been two months now have not heard anything
@amybynum8962
@amybynum8962 29 күн бұрын
Me 62🙋🏽‍♀️
@amybynum8962
@amybynum8962 29 күн бұрын
🙏🙏🙏🙏🙏🙏🙏jogmas22
@sallyyim4427
@sallyyim4427 Ай бұрын
What happened to the money that was deducted from the taxpayers that worked their entire life and died before being able to collect any social security?
@millyonair9225
@millyonair9225 Ай бұрын
they bought bombs and killed people with it.
@meateater4life551
@meateater4life551 Ай бұрын
That went to your parents, go get it from them instead of taking it from your kids.
@sallyyim4427
@sallyyim4427 Ай бұрын
@@meateater4life551 I'm not looking to get it from anybody. I was just speaking in general.
@MM-ig2zq
@MM-ig2zq Ай бұрын
Going to Ukraine
@johnnyretires
@johnnyretires Ай бұрын
That money was paid out to SS recipients that are still alive.
@Highflite20
@Highflite20 Ай бұрын
The government needs to STOP kicking the can down the road! Fix the SS system NOW!
@ninjagirl226
@ninjagirl226 Ай бұрын
They won’t because it’s well established if you touch social security you will never be re-elected.
@gridtac2911
@gridtac2911 Ай бұрын
Yeah... Get rid of it
@garthos10
@garthos10 Ай бұрын
the problem is with population decline the social security system faulters. and becomes unstable and unable to handle the demand. because it's set up we pay for who is on it now and the future generations pay for us.
@jay-rad98
@jay-rad98 Ай бұрын
@@nickhansen8874I prefer personal responsibility. I’d rather keep the money and invest it myself. If others aren’t smart enough or capable then that’s their problem. Not mine.
@user-vx7vi3vq1c
@user-vx7vi3vq1c Ай бұрын
@@nickhansen8874No, it is self-reliant.
@Sheepmanthegoat1
@Sheepmanthegoat1 Ай бұрын
When the hell are we going to rise up, and just stop paying taxes. This shit is getting ridiculous
@cutehumor
@cutehumor Ай бұрын
you can't stop unless you are self employed. corporations take our taxes out of our paychecks
@ThatGuy-Official
@ThatGuy-Official Ай бұрын
Amen, brother!
@ThatGuy-Official
@ThatGuy-Official Ай бұрын
​@cutehumor with most jobs you can opt out of tax withholding. You need to inform payroll that you no longer want them to withhold estimated taxes. Then it's all on you to make sure you pay or not. The only downside is every legal employer in the US must report the earnings of their employees to the IRS, so they will know you owe them.
@denisewalters1088
@denisewalters1088 Ай бұрын
It's ridiculous since our license renewal, tag renewal, etc are all tied to if our taxes are paid or they will flag it. Then, you can't get anything renewed. We are prisoners in this country.
@barbaralynch3015
@barbaralynch3015 Ай бұрын
There's plenty of money if they stop supporting other countries instead of us!
@shaunlindauer7208
@shaunlindauer7208 Ай бұрын
We don’t have enough money to pay for our own people to retire but we damn sure can afford to pay for foreign wars and 90k for a bag of nuts and bolts. Everyone should be fired from the government and non essential be dropped!!!!
@salesadmieze9049
@salesadmieze9049 Ай бұрын
Don't forget we're also paying some retirement for these illegals who came over the Border
@carmineamandeo9036
@carmineamandeo9036 Ай бұрын
STOP SENDING OUT MONEY TO OTHER COUNTRIES AND PUT IN SOCIAL SECURITY
@GlitchingStyle
@GlitchingStyle Ай бұрын
I would vote for you as president
@sdean4816
@sdean4816 Ай бұрын
Especially countries that hate us..
@unisonosc1617
@unisonosc1617 Ай бұрын
the money being sent is also borrowed, they don't have that either. lol
@kylewatson5133
@kylewatson5133 Ай бұрын
Why would they do that?
@lowzyyy
@lowzyyy Ай бұрын
They support genocide ofc they will invest in war
@worsttrainrideever5606
@worsttrainrideever5606 Ай бұрын
Thank you for reporting. Absolutely disgraceful by media and FED. Give us our 6.2% back.
@christaylor8337
@christaylor8337 Ай бұрын
How about you get half and I get the other half...said your employer. I'm self employed, I pay both sides, you probably didn't.
@apocalypse487
@apocalypse487 Ай бұрын
​@@christaylor8337ugh. That's gonna be me this year.
@joenewman6494
@joenewman6494 Ай бұрын
Quit paying out to people who haven’t paid in and sending other countries money I’ve only paid in for 50 years🤬🤬🤬
@artspark7697
@artspark7697 Ай бұрын
You need 14 years work history to collect.
@joenewman6494
@joenewman6494 Ай бұрын
@@artspark7697 Thanks I am already collecting SS I am 67
@memyselfandi9106
@memyselfandi9106 Ай бұрын
💯💯💯💯💯💯💯
@hassanfawaz8322
@hassanfawaz8322 Ай бұрын
@@artspark7697 Yeah, I think this is one way they might be able to cut costs. Why not take it from 14 to 20 or 25
@patricialaureano9217
@patricialaureano9217 Ай бұрын
How about all the ssi checks going to people that have never worked in this country.
@jasonwriggs
@jasonwriggs Ай бұрын
It's weird how we have infinity money for welfare, "newcomers", war, Israel but we can't afford social security. I never hear anyone talk about cutting anything else, just social security.
@charitydunning7369
@charitydunning7369 Ай бұрын
I just want the money I put in back, opt out, and control my own funds
@kingofnicke
@kingofnicke Ай бұрын
Brian coming in clutch as always. The best news source out there right now. Thanks for all that you do.
@clearvaluetax9382
@clearvaluetax9382 Ай бұрын
I'm fighting fake news today King of Nicke!
@nealshort670
@nealshort670 Ай бұрын
They need to change the name of the Social Security Fund to Money for everyone but taxpayers and magically it will never run out!
@awert555
@awert555 Ай бұрын
The government should give us the option of opt-out the social security program. I am more than capable of funding my retirement myself.
@cutehumor
@cutehumor Ай бұрын
SS will fail if some opt out and some opt in. They need everyone in the program because the people who die early and don't collect is subsidizing the ones who live past age 78
@FROG2000
@FROG2000 Ай бұрын
I'm gonna start paying 79% of my taxes
@PHenry-wn3li
@PHenry-wn3li Ай бұрын
Americans voted for European socialism when started electing progressive Democrats into office.
@WisdomAware
@WisdomAware Ай бұрын
Stop altogether!!!
@WisdomAware
@WisdomAware Ай бұрын
Where does the original constitution call for DEMOCRACY??? Everyone is leaving the Republic and blindly allowing democommunism to take over.
@WisdomAware
@WisdomAware Ай бұрын
@@PHenry-wn3li FACT.
@kingmichaelthelastwarrior
@kingmichaelthelastwarrior Ай бұрын
@@PHenry-wn3li progressive democrats are keeping SS alive; repukes are trying to kill it
@oklahomafreedom5536
@oklahomafreedom5536 Ай бұрын
Thanks for talking about this. As a senior, we appreciate your News coverage, much love everyone 💕
@clearvaluetax9382
@clearvaluetax9382 Ай бұрын
My respect and support to all seniors watching!
@rh88841
@rh88841 Ай бұрын
At least you get to get some of your money back. It's gonna be all gone when I'm 65
@jogmas12
@jogmas12 Ай бұрын
I applied for SS but it’s already two months and I have not heard nothing since that first call two months ago. Did they forget about me?
@Naomi-pd9ps
@Naomi-pd9ps Ай бұрын
@@jogmas12 its best to apply online even if you did not initially you can easily create an online account to check on it.
@nealshort670
@nealshort670 Ай бұрын
They never acknowledge that the government has took money from the fund and never put it back! That had to contribute to lack of money in the fund.
@mwolfe3219
@mwolfe3219 Ай бұрын
I recall this from the 60s or 70s, when I was young. The politicians promised that it would be paid back, but no one really believed that.
@whatistruth1155
@whatistruth1155 Ай бұрын
True.
@brettogata4410
@brettogata4410 Ай бұрын
I paid this tax all my working life as I was forced to, no choice and as always never trust the government. What happened when Regan tapped into the program?
@grandpa6650
@grandpa6650 Ай бұрын
Maybe they could stop giving away our tax money to other countries and concentrate on our needs here at home, just saying ❤❤
@dmoney7536
@dmoney7536 Ай бұрын
And focus on improving the lives of the taxpayer instead of their trading portfolio.
@alecfranklin3827
@alecfranklin3827 Ай бұрын
@@dmoney7536wait don’t taxpayers have trading portfolios in the form of Roth IRAs and 401Ks? Wouldn’t we want those things to improve even more since SS is insolvent?
@jimmiepatrum
@jimmiepatrum Ай бұрын
Ya think?
@spencerathearn3586
@spencerathearn3586 Ай бұрын
We have people collecting social security when they shouldn't
@lonelyp1
@lonelyp1 Ай бұрын
I have heard this before but don't know if it is true or like dead people voting?????
@DSC800
@DSC800 Ай бұрын
Democrats are going to give it to illegals soon.
@RearAdmiralTootToot
@RearAdmiralTootToot Ай бұрын
It amazes me how illegal immigrants can get social security benefits, but it is very hard for American citizens who paid into it to get their own money.
@ericholland8179
@ericholland8179 Ай бұрын
Annnd Food stamps!
@Satjr35031
@Satjr35031 Ай бұрын
@@RearAdmiralTootTootExplain how illegal gets SS.Don’t throw out statements unless you can back it up
@LeeLee-mn4dv
@LeeLee-mn4dv Ай бұрын
I'm a Gen Xer. I've paid into SS for 40 years. I'll be on a nixed income, not a fixed income. I need a drink.
@mayuuu_11
@mayuuu_11 Ай бұрын
I honestly don't understand why you're discussing these dubious schemes. There are plenty of options like Eledator and similar ones that are fast and profitable.
@charletfoster8917
@charletfoster8917 Ай бұрын
100% decreased to 79%, this just sucks
@Caesar_1415
@Caesar_1415 Ай бұрын
We live in some scary times, I advise people to prepare financially. It's about to get a lot worse!!
@BobboNaught-YT
@BobboNaught-YT Ай бұрын
All that needs to happen is to remove the Social Security Tax cap.
@Nancy-uq4ob
@Nancy-uq4ob Ай бұрын
Are you also willing to raise the cap on payouts? Or, do you just want to steal from high earners?
@gradylucas5265
@gradylucas5265 Ай бұрын
Bingo!
@gradylucas5265
@gradylucas5265 Ай бұрын
@@Nancy-uq4ob Bend those bend points some more.
@edwardduda4222
@edwardduda4222 Ай бұрын
We give hundreds of billions to our lap dogs overseas when that money should be spent here.
@user-ou6bw2po5n
@user-ou6bw2po5n Ай бұрын
SS doesn't keep up with inflation, never has. More cuts to the program just means more older Americans will become poorer than they already are. Kind of surprising to people like me, who paid into SS for 40 years to reap this "crap."
@millyonair9225
@millyonair9225 Ай бұрын
someone noticed. (((they))) have been screwing us via inflation for ~110.5 years.
@gypsygirl9
@gypsygirl9 Ай бұрын
Pay hasn't kept up with cost of living for decades.
@grondhero
@grondhero Ай бұрын
@@gypsygirl9 Blame the government for all the inflation they keep creating. Economics 101.
@barium0u812
@barium0u812 Ай бұрын
Started collecting this month..I'm 64. Getting it while am still alive and retired.
@ananda_miaoyin
@ananda_miaoyin Ай бұрын
My wife took it at 62. Get it while its there!
@johnyracercat
@johnyracercat Ай бұрын
Are you still working? How much are you allowed to earn before you owe it all back in taxes?
@barium0u812
@barium0u812 Ай бұрын
Brian, may I use your video for further knowledge to others who have no clue? Your very smart!
@CrafttodaywithRitaRenae
@CrafttodaywithRitaRenae Ай бұрын
I’ll be 62 this year and I am so undecided if I should retire. Any opinions??
@edwardedwards80
@edwardedwards80 Ай бұрын
I am 63yrs old retired too years ago just collecting my pension from the school system. I wanted to wait until at least 66 years old to collect but the way things are looking I am going to start collecting at 64yrs old and start putting it in gold, silver, maybe Bitcoin. They want us to own nothing and be happy that's crazy I remember Michael Jackson said They don't really care about us. I wanted to wait two years before I plan on going to Southeast Asia to enjoy the rest of my retirement. Now I have changed my plans to go within one year.
@willieoatnet5396
@willieoatnet5396 Ай бұрын
Why am I paying into something if I won’t be able to take out when I retire? Scam.
@happyappy19931
@happyappy19931 Ай бұрын
Ponzi scheme.
@GustavoGarcia-rx4vz
@GustavoGarcia-rx4vz Ай бұрын
Raise the godamn ceiling on this shit! Make everyone pay into it up to $400k, since that seems to be the "new" ceiling for the middle class....
@user-ms3ko5gn8e
@user-ms3ko5gn8e 29 күн бұрын
The rich make more they should be paying more. Everyone in congress writes rules for themselves to benefit themselves! Ridiculous!
@josha.bdoge2
@josha.bdoge2 Ай бұрын
Americans are being bled dry by these terrible fiscal policies set forth by the politicians while at the same time battling terrible inflation! Some real changes need to occur within our government!
@annvreeland8656
@annvreeland8656 Ай бұрын
So True.
@valeriesouth
@valeriesouth Ай бұрын
I'm not convinced reducing benefits and raising the retirement age is right while drug addicts are allowed to collect it without question.
@scottshepherd1365
@scottshepherd1365 Ай бұрын
If I was able to put everything they take for social security into my 401k and invest it at 6% I would have almost 7 million when I retire. The government sucks
@Satjr35031
@Satjr35031 Ай бұрын
Your math does not add up Sorry
@carmelahorvath3128
@carmelahorvath3128 Ай бұрын
Both my parents died before collecting their Social Security benefits. Where is their money that they paid in?
@Ctworld15
@Ctworld15 Ай бұрын
That’s so unfair, sucks for my handicapped mother.
@Satjr35031
@Satjr35031 Ай бұрын
Do t loose sleep over it nothing is going to happen
@juan_salvador_gaviota
@juan_salvador_gaviota Ай бұрын
If you make less than 168,000 dollars then every dollar you earn is subject to social security tax. How is it fair that people earning more than that get to contribute a smaller percentage of their income? Removing the cap would essentially solve the social security insolvency issue.
@happyappy19931
@happyappy19931 Ай бұрын
So people don’t want the wealthy to take Social Security, but they want them to pay in. How does that work exactly?
@kylefrederick2348
@kylefrederick2348 Ай бұрын
This is why I don't watch the news. Just a waste of time. Thank you for giving accurate information and providing the evidence to back it up.
@mikeflores2000
@mikeflores2000 Ай бұрын
Social Security has known this problem since the 1960s after baby boom bust.
@Miguel-ex5vf
@Miguel-ex5vf Ай бұрын
You asked, How can our government get us out of this mess. I’d be asking, Why do they keep getting us into these messes?
@ka-peach7945
@ka-peach7945 Ай бұрын
Governments job is to get us into messes. They are then ordered to clean up the mess. They proceeds to make the mess messier. Endless cycles of this criminal activity.
@fpanadero2626
@fpanadero2626 Ай бұрын
21% of it going to "newcomers" who never paid in!
@hollyg.5621
@hollyg.5621 Ай бұрын
Future blue votes.
@SlimGlynn1
@SlimGlynn1 Ай бұрын
YOU MEAN ILLEGAL ALIENS
@chameleon2432
@chameleon2432 Ай бұрын
And they don’t plan to pay it ever..
@annvreeland8656
@annvreeland8656 Ай бұрын
So True.
@PHenry-wn3li
@PHenry-wn3li Ай бұрын
I blame Congress for that loophole.
@sagesky8318
@sagesky8318 Ай бұрын
Thank you so much, Brian 👍 . I agree with you 💯 👍. They need to do something now.
@DeerLady412
@DeerLady412 Ай бұрын
It's a Pyramid Scheme!
@jmoto44
@jmoto44 Ай бұрын
The way things look, sometime within the next 5 years, this will be the least of our concerns.
@Chainsaw_HM2
@Chainsaw_HM2 Ай бұрын
100% agree.
@mireederrick1977
@mireederrick1977 Ай бұрын
The Economy is not doing well at all 😂😂😂= We are in 36 trillion dollars 💰 in the hole 🤔🤔
@ZacharyJClark
@ZacharyJClark Ай бұрын
Nah, we are only 34.75trillion in debt. This mean we can still send 1.5trillion to Ukraine!
@mireederrick1977
@mireederrick1977 Ай бұрын
@@ZacharyJClark Oh ok thanks 🤣🤣🤣
@alphawerewolf3802
@alphawerewolf3802 Ай бұрын
​@@ZacharyJClark🤪🤣🤣🤣🤣👍👍💯
@NoName-zm1ks
@NoName-zm1ks Ай бұрын
The USA should have gone bankrupt decades ago, ever wonder why it hasn’t?😜
@ZacharyJClark
@ZacharyJClark Ай бұрын
@@NoName-zm1ks I have the answer! It is long winded though.
@ethereal369
@ethereal369 Ай бұрын
If they're not going to pay social security, then why do they keep taking social security from everyone's income?
@e.r9319
@e.r9319 Ай бұрын
Start investing. Let’s not depend on social security money
@mickeybarton9077
@mickeybarton9077 25 күн бұрын
Investing is gambling too there's no guarantees
@deanzanger9360
@deanzanger9360 Ай бұрын
Do you really think the government acts effectively and efficiently? Let the taxpayers invest their own money for retirement without government interference!
@artspark7697
@artspark7697 Ай бұрын
We tried that with 401 Ks. Does not work.
@grondhero
@grondhero Ай бұрын
The average citizen is much more competent and spending and saving their own money compared to the government. The problem is the _below average_ citizen thinks they need the government from cradle to grave.
@kimoandrews5802
@kimoandrews5802 Ай бұрын
@@grondhero more on
@shawngibson1104
@shawngibson1104 Ай бұрын
Stop taking money out of my check. Let me fund it into my own retirement. Let people opt out of it and not receive any either. Let people make their own choice
@paulfox9694
@paulfox9694 Ай бұрын
Bush tried to do this. The dems lost their minds
@ScottishTerrorsInLA
@ScottishTerrorsInLA Ай бұрын
This is why SS exists, because people always make the wrong choice and no one wants to support them after.
@Satjr35031
@Satjr35031 Ай бұрын
Nobody is stopping you from contributing to your own retirement
@rozzbourn3653
@rozzbourn3653 Ай бұрын
well, that will put me at 61 when it runs out... imagine that.
@StefanieCornwall
@StefanieCornwall Ай бұрын
We want to opt out, we won't ever see it.
@cutehumor
@cutehumor Ай бұрын
you will get 79 percent of your promptised payout
@rickho69a
@rickho69a Ай бұрын
6.2% PLUS your EMPLOYER Pays 6.2% 12.4% TOTAL!
@jogmas12
@jogmas12 Ай бұрын
If the emlp
@YurLord
@YurLord Ай бұрын
Plan for retirement like there will be zero social security. Otherwise you'll experience social insecurity.
@richardpetersen707
@richardpetersen707 Ай бұрын
Of course the politicians act like this is not an urgent matter, because they don't need to rely on social security.
@user-ln2qo2mc9g
@user-ln2qo2mc9g 12 күн бұрын
Majority of politicians are so old that by the time 2030 comes around that wont be their problem anymore. Kicking the can further down the road.
@johnhsfa6970
@johnhsfa6970 Ай бұрын
I'd like to see them end the fund. Let us keep our money and spend it however we want. Anything these politicians touch goes to waste so we might as well invest our own money. If it gets wasted we have no one to blame but ourselves
@Defundthemasons
@Defundthemasons Ай бұрын
I'm collecting SS and I agree with you! I felt the same way all my life - I never wanted $ taken from my paychecks but they Take It Anyway!
@shithousemcgee
@shithousemcgee Ай бұрын
It's crazy to think how if Social Security funds had been invested in the stock market from the beginning, this wouldn't be problem. Google tells me the market is up 1,254,898% since 1935, the inception of social security.
@maryarenz771
@maryarenz771 Ай бұрын
They better get our money from somewhere we paid into it our whole life
@MarioFaker
@MarioFaker Ай бұрын
I’ve heard warnings about social security and the national debt for the last 30 years… nothing gets done about it and we’ve been fine. I’m done worrying about it. 🤷‍♂️
@whatistruth1155
@whatistruth1155 Ай бұрын
Me too.
@alphalight1469
@alphalight1469 Ай бұрын
So basically people paying now are just paying for other people’s retirement. Wow.
@ninjagirl226
@ninjagirl226 Ай бұрын
Yes. And as someone in their 20s, I’ve known this since high school when social security was taught to me in high school. That’s how stupid this all is.
@JackoWillMakeLives-loveu
@JackoWillMakeLives-loveu Ай бұрын
It’s a Ponzi scheme. Always was but they labeled those that called it out conspiracy theorists.
@ka-peach7945
@ka-peach7945 Ай бұрын
DUH
@cam121375
@cam121375 Ай бұрын
yeah that is the way it goes, just like all the people that die before they hit retirement age, both of my parents worked over 40 yrs of their lives, and they both died before retirement, so it's just fed into the system
@Mel-vk9gi
@Mel-vk9gi Ай бұрын
@@ninjagirl226same, I’ve been told this since high school and I’m 39 😒. Like they should’ve figured something out by now. We’re being robbed
@Pr0digy47
@Pr0digy47 Ай бұрын
I’m so tired of being gas lit on the economy. The numbers are completely manipulated
@user-js1lg5ui6f
@user-js1lg5ui6f Ай бұрын
I want to say thank you to the guy in the comments who recommended Eledator to me. You've been very helpful. Thank you!
@cynthianoel6220
@cynthianoel6220 Ай бұрын
Economy doing well???? Seriously, i cant even survive.
@javierh8531
@javierh8531 Ай бұрын
No point in paying taxes honestly. Not when secrets are held and lies are told.
@peeonthe3rdrail414
@peeonthe3rdrail414 Ай бұрын
So stop paying taxes then.
@ElLoboNegro559
@ElLoboNegro559 Ай бұрын
Real.
@thekiller500099
@thekiller500099 Ай бұрын
So why am I paying for it?
@ninjagirl226
@ninjagirl226 Ай бұрын
Because it’s a pyramid scheme. If everyone stops paying there’s no money to pay out.
@ka-peach7945
@ka-peach7945 Ай бұрын
Exactly. Why do you let them rip you off?
@commonsenseisntcommon1776
@commonsenseisntcommon1776 Ай бұрын
ponzi scheme
@Betsyua
@Betsyua Ай бұрын
Exactly
@user-vx7vi3vq1c
@user-vx7vi3vq1c Ай бұрын
The real answer: You’re paying it because if you don’t the govt will put you in prison.
@keithledford6652
@keithledford6652 Ай бұрын
The good news is your 401k will be taxed more by the time we retire as well
@Satjr35031
@Satjr35031 Ай бұрын
But the RMD will be 75
@jennellrogers9007
@jennellrogers9007 Ай бұрын
They would not be in this situation if they paid back all the money the government borrowed from the funds
@WilliamBrinkley45
@WilliamBrinkley45 Ай бұрын
The moment I read “because the economy is so sturdy”…….i doubted everything in that article. Now I’m thinking the Social Security system will possibly implode at any second.
@Defundthemasons
@Defundthemasons Ай бұрын
YOU'RE OVER THE TARGET, WILLIAM!
@genesisordonez7938
@genesisordonez7938 Ай бұрын
Thank you! Your dedication in finding true facts and actual information. Not misleading or false information like now a days. I appreciate you.
@Roger-fv9pw
@Roger-fv9pw Ай бұрын
And the new generation lazy bumb's. Dont want to work Most of us work all.our life to get what we are going to retire on. So wheres the money we put in the system.
@kibblenbits
@kibblenbits Ай бұрын
There should have been huge stockpiles in the SSA coffer's back in the 60's, 70's, 80's, etc., as the boomer's were working and paying into the system. Different administration's siphoned money from the stockpile over the decades (if the money was ever actually put into the trust, and not just redirected), and never paid it back, which created what is happening now (I've seen estimates of 3.6 trillion and higher, regarding what should be in the trust's). I was in the workforce 52 years, and so was my sister. Since the SSA uses your top 35 years of earning's to calculate a retirement benefit, both my sister and I, along with our various employers, paid in a total of 34 extra years, and get no return. This government need's to stop giving money to illegal's, proxy war's, and correct the wrong's they've perpetrated against US citizen's, starting with funding the SSA trust's, including all the interest that would have accrued, if they'd kept their mitt's off the money in the first place.
@mattbleiler7294
@mattbleiler7294 Ай бұрын
I’m 41. I wonder if it would be better for it to go insolvent and get that 6% back in my check for the last 10 years of working than it would be to collect SS for 15 years.
@KraziAnnRKissed
@KraziAnnRKissed Ай бұрын
I'm wondering the same exact thing. I'm about the same age. I've been working since I was 13... This is messed up
@dademack3544
@dademack3544 Ай бұрын
Why would you assume they will give you the 6.2% back. Still gotta pay for all those currently on the program and SS Disability. They aren't going to rug pull everyones benefits, if they do that, Jan 6th will look like 6th grade field day picnic.
@FROG2000
@FROG2000 Ай бұрын
you almost certainly would. back of the napkin math, if you put the average salary of 55k and invested 12% (6% you, 6% employer pays) instead of putting it to SS you would have over 500k for retirement.
@mattbleiler7294
@mattbleiler7294 Ай бұрын
@@dademack3544 I assume they wouldn’t because they are assholes.
@cutehumor
@cutehumor Ай бұрын
@@FROG2000 the employer SS 6.2 percent we won't get. I'm sure the corporations won't freely give us their portion of the SS tax
@worndown8280
@worndown8280 Ай бұрын
Currently 24% of SSI payments go to title 4D payments. Refunding state and local governments for enforcement of paternity issues. Family court, putting non paying fathers in jail, things like that. I wonder how this will effect those systems that have been built up over 40 years.
@BoopnBudgets
@BoopnBudgets Ай бұрын
This boils my blood! 😡🤬😤
@jogmas12
@jogmas12 Ай бұрын
Chaps your hide huh?
@TR-xb4ih
@TR-xb4ih Ай бұрын
we should be able to opt out of this crap
@marvn56941
@marvn56941 Ай бұрын
But more money for Ukraine and other countries....isn't that awesome.
@leos3003
@leos3003 Ай бұрын
Actually it's great. There are lot's of people making lots of money from this. Including the people working the factories making the arms and luxury providers for the defense contractors. The money is GIGANTIC and it goes back in to the economy. It's a way for the Feds to pump lots of money in to the system and keep some people in their good jobs.
@yannip2083
@yannip2083 Ай бұрын
EXACTLY. And millions of illegal migrants too!
@methsonhthila4341
@methsonhthila4341 Ай бұрын
Im sooooo disgusted that i cant help but laugh.....this really sucks
@marcusupshaw829
@marcusupshaw829 Ай бұрын
Congress doesn’t take any Social Security out of their checks. Participation in this program should be optional
@SandfordSmythe
@SandfordSmythe Ай бұрын
All federal employees are in SS.
@marcusupshaw829
@marcusupshaw829 Ай бұрын
Congress and their staff do not pay into it and Amtrak employees I believe do not pay into it
@frankcolumbus3330
@frankcolumbus3330 Ай бұрын
Tax the rich, corporate thrives.
@CaptRicoSakara
@CaptRicoSakara Ай бұрын
As someone who's on disability and survivor SSID, thank you for this info.
@RRSWarriors
@RRSWarriors Ай бұрын
Milton Freidman talked about this decades ago, if only the government would have listened to him and Thomas Sowell..
@MK-ft3qt
@MK-ft3qt Ай бұрын
They did and didn't care.😅
@JoeBob189
@JoeBob189 Ай бұрын
You act like our government serves us, and not foreign nations
@happyappy19931
@happyappy19931 Ай бұрын
They don’t want to do the hard things because of voters. Anything they would propose would cost them votes.
@goldengaming177
@goldengaming177 Ай бұрын
We need a major reform of SS. So much wasted spending for people who don’t need it to survive
@mariannehuston4050
@mariannehuston4050 Ай бұрын
Thank you so much Brian for stating the facts and clearing up any misunderstandings regarding our S.S. system. How sad and awful for all of us!!!!
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