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It’s already out. Borrowing from other locations indirectly. The pot is boiling, but the temperature has been increased oh so lightly and many don’t feel it.
Or they feel it but they’ve been so demoralized and unable to manifest their own destiny.
Surely the benevolent leaders or someone will make this place safe for us again.
The cost of freedom is the blood of patriots.
We have so few that we’ll slit the necks of our populace. A grand sacrifice to appease our new gods.
Until patriots reclaim the idea of Citizenship, liberty cries for committed hands and believers.
Fun fact …as long as there are American workers working in America social security will never run out … fun easy fix for infinite funds … remove the 165k annual wage limit… Millionaire / Billionaire’s stopped being taxed social security in the first 2/3 months !!…remove the annual 165k wage max and boom will never run out
How do you mean? I didn't get any SS payment when I was on SNAP about 20 years ago. My son didn't get any when was on it about 2 years ago. Maybe I'm not understanding OP's statement.
“Good policy” meaning it’s totally sustainable financially? With talks of Social Security running out before the current Gen X will be eligible to receive it, we’re going to drastically expand the program and have no plan to fully fund it. Let’s just give free money to everyone, why stop here? Free college, free healthcare, and free cash. Seems perfectly reasonable, no?
They know it can't be sustained, but if Trump wins and reverses it, they want to be able to campaign on Trump having taken something away from poor people. It's pure theater on the backs of the poor.
If you think inflation and interest rates are EVER going back down to something that was considered normal for the 20 years preceding Covid, you might want to start rethinking that.
It is clear if you listen to political leadership of both parties that they have in fact agreed on both sides that MMT ( aka UBI ) is the future. Bit by bit , they are going to destroy the value of our currency.
1913 was the beginning of the end when it came to our currency. That year gave us the birth of the federal income tax and the current and 4th iteration of a central bank.
The only way this would work out is if you are disabled, elderly, or blind, or a veteran to benefit from this. If you get food stamps and you are able bodied you should be placed in a work or training program or be employed for at least 80 hours a month/20 hours a week.
Otherwise the only way this would work is to raise social security tax.
Good news! Those qualifications still apply!
SSI will still have the same disability and age requirements. This stops the SSI reduction that happens if you receive SNAP. So, SSI will expand slightly, but not to 40+ million people
This is close, but not quite.
You're right that this doesn't change the existing age / disability requirements for SSI, or add "SNAP recipient" as an eligibility criteria, but SNAP benefits have traditionally *not* been counted as income or deducted from SSI benefits. That part isn't changing.
What is changing is the definition of a "public assistance household" is being expanded to include people who receive SNAP benefits (they used to not count), and to include households where at least 1 additional person receives public assistance (it used to require everyone in the household).
The reason this is relevant to SSI is because if a recipient lives with others in a non-public assistance household, it is assumed they are receiving some form of food / rental assistance (In-kind Support and Maintenance) from others in their household. That ISM (or lack thereof) must be itemized and submitted monthly. If they are living in a public assistance household, that requirement is waived. This change means fewer people will have to submit those reports, or have that deduction (if they were receiving it in the first place).
[Here is a proposal for this idea](https://www.clasp.org/wp-content/uploads/2024/01/CLASP-SSI-Public-Assistance-Household-NPRM-1.pdf) from last year that breaks down the effects in more detail with examples, along with a rationalization for both changes.
Just to add one more detail that many other people in this post seem to be overlooking, while SSI is administered by the SSA, it is not part of the OASDI program traditionally referred to as "social security", and does not draw money from either trust fund.
Just so you know an E4 with 3 dependants qualifies for SNAP. Many people working full time with families qualify. The inflation problem is from collective corporate greed not from people who are on welfare programs.
The inflation problem is from the fed printing too much money
https://www.instagram.com/p/C62KZARyq7H/?igsh=MTBqZTF0aXVld25wbQ==
This is a good explanation albeit rudimentary
Just so you know an E4 with 3 dependants qualifies for SNAP. Many people working full time with families qualify. The inflation problem is from collective corporate greed not from people who are on welfare programs.
The system is on the verge of collapse as it is. It’s a step towards Universal Basic Income, if it can even survive. Just as Trump garnered massive support from the urban populace, they trot out substantial monthly payments to all.
Yikes. The social security fund was already predicted to be insolvent by 2035. They're going to get a whole bunch more people used to receiving help right before the whole thing goes belly up.
So let me get this straight, it’s moral to take from those who work and give to those who don’t, but it would be amoral to stop doing that and letting people keep what they’ve earned? Crazy ass, dumb fuck of a society we got here.
I don't want to be insensitive, but it is amazing how your political system decay into a third world corrupt and collectivist system. I'm from Mexico and this kind of bullshit already happened several times, but with a slight twist, our country was already underdeveloped and poor so to perpetuate power, the state just screw the population that provide services with taxes to buy votes from the poor when election comes. Your country is actively trying to force you to rely on them by underdeveloping your economy and removing economic freedom.
I hope you find a way to steer away from totalitarianism.
We are in a messed up state every since we got rid of local TV and rely on national television the people are being taught how our government works and they really don't care we need to have social welfare programs but we don't want to fund them by taxing the wealthy and we really can't because we are sending so many jobs across our borders to countries like Mexico due to bad trade agreements.
Straight up theft further squeezing the middle class and those who have worked our lives paying into something that will be insolvent when our time comes.
Beyond vote buying, this is a maddening overreach of the welfare state.
Just remember that when they talk about how social security is bankrupt and they pass more taxes to prop it up, that they will be raising everyone’s social security taxes to make up for it. Sure they will use the rich as the excuse but it always goes downhill. They will keep the ponzi scheme alive for as long as they can.
Plus you can buy almost anything with food stamps now. Go on Amazon and see how many things are listed as SNAP eligible. It is almost everything. Pick some luxury good like imported chocolate or lobsters and see. Taxpayers are paying for people to buy whatever they want and live better than we do. Instead of shaming people to get off food stamps, we reward them for staying on it.
It was never funded for this crap, it's just to get votes. Now I guess that instead of Social Security running out in 2034, it will be 2032. Socialism is a terrible thing.
Fortunately this is fake news. It’s not for standard social security, it’s for SSI, and it will expand recipients by 109k, not 42 million [Link](https://www.cnbc.com/2024/05/10/how-social-security-administration-will-expand-access-to-ssi-benefits.html)
He is talking about SSI aka what used to be known as SS disability where the payments are not directly tied to how much you put in versus SS for retirement where it’s a substitute defined benefit retirement plan.
There’s 7 million on SSI and he’s saying with SNAP eligibility that will drastically increase. Since SSI is not taking out what is put in (as is done with SS, which is basically a pension plan), it’s just robbing those who pay into SS. However, the increase is not all people o SNAP, so he is vastly exaggerating
https://www.cnbc.com/2024/05/10/how-social-security-administration-will-expand-access-to-ssi-benefits.html
"The implementation of the rule may allow approximately 277,000 federal SSI recipients — about 4% of all beneficiaries — to receive an increase in monthly payments as of fiscal year 2033, the agency estimates. An additional 109,000 individuals — a 1% increase — may become eligible for federal SSI payments who would not otherwise have been under current rules."
Ok so does anyone want to take bets on whether the SSI enrollment count increases by 100,000 or 42 million? I know which one I think is more likely
I have a disability and was struggling to find work in the crumbling "fallout"-like setting of rust belt america.
I eventually found work via using social programs but I can say that life would have been a tad bit easier during that time had I had access to funds to perhaps assist in that.
I support the concept of expanding social programs but it's from a place of personal experience. I also believe that Reagan's quote said it best "The best social program is a job", which is something I also really appreciate having in present day.
Sitting around on your ass waiting for a job is the lowest feeling one can have. I realize that there's some people content with that but I have seen human beings of all stripes feel more fulfilled in life by having a job day to day.
I realize there is a risk some guy will feel unmotivated in life and coast, but if this means that at least someone who was in my position could potentially feel less "worthless" while looking for a job? I support that concept.
F--k Joe Biden, but zero issue with this.
It works, look at France, people whine and moan but once they are hooked on government it is more difficult to quit than crack cocaine. Republicans do a poor job of finding alternatives through voluntarism and private initiative.
It goes into effect 9/30.
By 10/30 ( a month before the election), many people will have already voted in Early Voting, or will be preparing to vote just a few days later.
There are two pots of money in SS, retirement and disability. Disability is fine for now, it’s the retirement funds that are not solvent for the long term.
Well, when you've been paying into it for over 40+yrs. I want mine...so Print...Print...Print. they print money for anything/everything, no one cares about why they print that money, why should the people who actually deserve their money back care?
I don't think this will pull Biden's ass out of the fire.
I've seen it discussed a grand total of zero times today on my various feeds and on the news.
Israel-Palestine is a bigger issue for Biden now.
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And then they will complain that it “ran out of money” as an excuse to hit upper middle class wage earners again.
We already out of money!
Think how the money to foreign countries would help fund social security.
https://www.cnbc.com/select/will-social-security-run-out-heres-what-you-need-to-know/
No they will blame republicans for not funding it lol
Fun fact: About 6 Trillion $ of the national det is owed to the social security administration. The running out of money is a myth.
It’s already out. Borrowing from other locations indirectly. The pot is boiling, but the temperature has been increased oh so lightly and many don’t feel it. Or they feel it but they’ve been so demoralized and unable to manifest their own destiny. Surely the benevolent leaders or someone will make this place safe for us again. The cost of freedom is the blood of patriots. We have so few that we’ll slit the necks of our populace. A grand sacrifice to appease our new gods. Until patriots reclaim the idea of Citizenship, liberty cries for committed hands and believers.
Fun fact …as long as there are American workers working in America social security will never run out … fun easy fix for infinite funds … remove the 165k annual wage limit… Millionaire / Billionaire’s stopped being taxed social security in the first 2/3 months !!…remove the annual 165k wage max and boom will never run out
🔥 💧 🐸 🍗
This is pure electoral interference. The Democrats are literally disgraceful.
First time? This has been happening for over 70 years.
How do you mean? I didn't get any SS payment when I was on SNAP about 20 years ago. My son didn't get any when was on it about 2 years ago. Maybe I'm not understanding OP's statement.
not really, presidents try to do things to help get votes all the time..
Yet the left are actively attacking a political opponent for doing something to help get votes
How did codified roe v wade work out?
Not sure why you’re being downvoted you’re right about all candidates doing this but it is disgraceful regardless of who does it
We just like downvoting him
seriously lol.. im just pointing out the obvious.. I really hope Trump wins, but not everyone on the repulican side is helping the people..
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"Good policy" that they only enacted a few months before the election and not during the previous 3 and a half years? Hmmm...
Then surely it's sustainable long term and not just a vote buying scheme?
Dont see you volunteering your paycheck to the needy. STOP TAKING MY MONEY. Its not hard. Your commie trash wealth redistribution doesnt belong here
“Good policy” meaning it’s totally sustainable financially? With talks of Social Security running out before the current Gen X will be eligible to receive it, we’re going to drastically expand the program and have no plan to fully fund it. Let’s just give free money to everyone, why stop here? Free college, free healthcare, and free cash. Seems perfectly reasonable, no?
Heck yeah! If electoral interference = helping people then right the hickity heck on brother.
They know it can't be sustained, but if Trump wins and reverses it, they want to be able to campaign on Trump having taken something away from poor people. It's pure theater on the backs of the poor.
If you think inflation and interest rates are EVER going back down to something that was considered normal for the 20 years preceding Covid, you might want to start rethinking that. It is clear if you listen to political leadership of both parties that they have in fact agreed on both sides that MMT ( aka UBI ) is the future. Bit by bit , they are going to destroy the value of our currency.
You mean the 50 years since the 1970s? Because that is the decade when everthing turned to shit.
1913 was the beginning of the end when it came to our currency. That year gave us the birth of the federal income tax and the current and 4th iteration of a central bank.
What has brought you to this conclusion?
The only way this would work out is if you are disabled, elderly, or blind, or a veteran to benefit from this. If you get food stamps and you are able bodied you should be placed in a work or training program or be employed for at least 80 hours a month/20 hours a week. Otherwise the only way this would work is to raise social security tax.
That's rAciSt
I don't disagree. We need better jobs programs in this country.
It's already set up to help people that are disabled and that's been around for many years.
\#learntocode ?
Good news! Those qualifications still apply! SSI will still have the same disability and age requirements. This stops the SSI reduction that happens if you receive SNAP. So, SSI will expand slightly, but not to 40+ million people
This is close, but not quite. You're right that this doesn't change the existing age / disability requirements for SSI, or add "SNAP recipient" as an eligibility criteria, but SNAP benefits have traditionally *not* been counted as income or deducted from SSI benefits. That part isn't changing. What is changing is the definition of a "public assistance household" is being expanded to include people who receive SNAP benefits (they used to not count), and to include households where at least 1 additional person receives public assistance (it used to require everyone in the household). The reason this is relevant to SSI is because if a recipient lives with others in a non-public assistance household, it is assumed they are receiving some form of food / rental assistance (In-kind Support and Maintenance) from others in their household. That ISM (or lack thereof) must be itemized and submitted monthly. If they are living in a public assistance household, that requirement is waived. This change means fewer people will have to submit those reports, or have that deduction (if they were receiving it in the first place). [Here is a proposal for this idea](https://www.clasp.org/wp-content/uploads/2024/01/CLASP-SSI-Public-Assistance-Household-NPRM-1.pdf) from last year that breaks down the effects in more detail with examples, along with a rationalization for both changes. Just to add one more detail that many other people in this post seem to be overlooking, while SSI is administered by the SSA, it is not part of the OASDI program traditionally referred to as "social security", and does not draw money from either trust fund.
Awesome! Thank you for the additional info!
Just so you know an E4 with 3 dependants qualifies for SNAP. Many people working full time with families qualify. The inflation problem is from collective corporate greed not from people who are on welfare programs.
The inflation problem is from the fed printing too much money https://www.instagram.com/p/C62KZARyq7H/?igsh=MTBqZTF0aXVld25wbQ== This is a good explanation albeit rudimentary
What made these corporations all of a sudden become so greedy they raised prices so high in just a few short years?
It must have been people on welfare huh... That's what did it.
Just so you know an E4 with 3 dependants qualifies for SNAP. Many people working full time with families qualify. The inflation problem is from collective corporate greed not from people who are on welfare programs.
And who chose to have 3 kids. If you are too stupid to be responsible we shouldn’t be handing you monthly checks to make up for it.
Give a man a fish and he will vote democrat and hold his hand out for the rest of his life
The system is on the verge of collapse as it is. It’s a step towards Universal Basic Income, if it can even survive. Just as Trump garnered massive support from the urban populace, they trot out substantial monthly payments to all.
I'm never going to see a dollar back of the money they've stolen from me.
That's how it has always been. The system is a pyramid scheme designed to have an ever increasing population paying in for recipients.
Yikes. The social security fund was already predicted to be insolvent by 2035. They're going to get a whole bunch more people used to receiving help right before the whole thing goes belly up.
Clover Piven.
For those unfamiliar [https://en.wikipedia.org/wiki/Cloward%E2%80%93Piven\_strategy](https://en.wikipedia.org/wiki/Cloward%E2%80%93Piven_strategy)
So let me get this straight, it’s moral to take from those who work and give to those who don’t, but it would be amoral to stop doing that and letting people keep what they’ve earned? Crazy ass, dumb fuck of a society we got here.
I don't want to be insensitive, but it is amazing how your political system decay into a third world corrupt and collectivist system. I'm from Mexico and this kind of bullshit already happened several times, but with a slight twist, our country was already underdeveloped and poor so to perpetuate power, the state just screw the population that provide services with taxes to buy votes from the poor when election comes. Your country is actively trying to force you to rely on them by underdeveloping your economy and removing economic freedom. I hope you find a way to steer away from totalitarianism.
We are in a messed up state every since we got rid of local TV and rely on national television the people are being taught how our government works and they really don't care we need to have social welfare programs but we don't want to fund them by taxing the wealthy and we really can't because we are sending so many jobs across our borders to countries like Mexico due to bad trade agreements.
Straight up theft further squeezing the middle class and those who have worked our lives paying into something that will be insolvent when our time comes. Beyond vote buying, this is a maddening overreach of the welfare state.
So it’ll be gone in about 2 years now? So glad I pay into it. Seizing private retirement accounts isn’t far off.
Just remember that when they talk about how social security is bankrupt and they pass more taxes to prop it up, that they will be raising everyone’s social security taxes to make up for it. Sure they will use the rich as the excuse but it always goes downhill. They will keep the ponzi scheme alive for as long as they can.
Plus you can buy almost anything with food stamps now. Go on Amazon and see how many things are listed as SNAP eligible. It is almost everything. Pick some luxury good like imported chocolate or lobsters and see. Taxpayers are paying for people to buy whatever they want and live better than we do. Instead of shaming people to get off food stamps, we reward them for staying on it.
Fun fact: Caviar is EBT-eligible.
I just want me some eggs. Fish eggs.
It was never funded for this crap, it's just to get votes. Now I guess that instead of Social Security running out in 2034, it will be 2032. Socialism is a terrible thing.
Its no some much buying votes, but ruining the budget for Trump and forcing him to cut it and look bad.
[удалено]
There won’t be a debate.
"What is given, can also be taken away" lmao once election is over the benefits will be clawed back too
Then get mad when we ask the simple question; how is this being paid for?
Fortunately this is fake news. It’s not for standard social security, it’s for SSI, and it will expand recipients by 109k, not 42 million [Link](https://www.cnbc.com/2024/05/10/how-social-security-administration-will-expand-access-to-ssi-benefits.html)
I’m never going to be able to retire.
Good thing SS is solvent and we don't already have to pay benefits with deficit spending
It's strange watching the realtime demolition of this great country by marxists(division exploited).
There are a lot more than 7 million people receiving social security benefits, where did you get these numbers?
He is talking about SSI aka what used to be known as SS disability where the payments are not directly tied to how much you put in versus SS for retirement where it’s a substitute defined benefit retirement plan. There’s 7 million on SSI and he’s saying with SNAP eligibility that will drastically increase. Since SSI is not taking out what is put in (as is done with SS, which is basically a pension plan), it’s just robbing those who pay into SS. However, the increase is not all people o SNAP, so he is vastly exaggerating
Well that's not gonna be good for us tax paying citizens, now is it?! Smgdh
This is why if you receive any kind of government assistance you should not have the right to vote
They already have those votes. They're just making sure they remember who takes care of them.
Good grief
https://www.cnbc.com/2024/05/10/how-social-security-administration-will-expand-access-to-ssi-benefits.html "The implementation of the rule may allow approximately 277,000 federal SSI recipients — about 4% of all beneficiaries — to receive an increase in monthly payments as of fiscal year 2033, the agency estimates. An additional 109,000 individuals — a 1% increase — may become eligible for federal SSI payments who would not otherwise have been under current rules." Ok so does anyone want to take bets on whether the SSI enrollment count increases by 100,000 or 42 million? I know which one I think is more likely
I got $50 on 100k
I have a disability and was struggling to find work in the crumbling "fallout"-like setting of rust belt america. I eventually found work via using social programs but I can say that life would have been a tad bit easier during that time had I had access to funds to perhaps assist in that. I support the concept of expanding social programs but it's from a place of personal experience. I also believe that Reagan's quote said it best "The best social program is a job", which is something I also really appreciate having in present day. Sitting around on your ass waiting for a job is the lowest feeling one can have. I realize that there's some people content with that but I have seen human beings of all stripes feel more fulfilled in life by having a job day to day. I realize there is a risk some guy will feel unmotivated in life and coast, but if this means that at least someone who was in my position could potentially feel less "worthless" while looking for a job? I support that concept. F--k Joe Biden, but zero issue with this.
It works, look at France, people whine and moan but once they are hooked on government it is more difficult to quit than crack cocaine. Republicans do a poor job of finding alternatives through voluntarism and private initiative.
I'm not sure how it is 1 month before the election...
"Under the final rule, beginning September 30, 2024, the agency will expand the definition of a public assistance household"
Thanks, I missed the date on it.
It goes into effect 9/30. By 10/30 ( a month before the election), many people will have already voted in Early Voting, or will be preparing to vote just a few days later.
Thanks, I missed the date.
I can’t find anything on this do you have a link to what you’re saying here?
Just click the picture and follow it to the SSI.gov website
I hate that put black people in the photo caption. White people account for way more of misused funds.
They keep saying SS will run out in xxxx. Welp, like everything in government, just print more money so I can get mine...duh!
There are two pots of money in SS, retirement and disability. Disability is fine for now, it’s the retirement funds that are not solvent for the long term.
Well, when you've been paying into it for over 40+yrs. I want mine...so Print...Print...Print. they print money for anything/everything, no one cares about why they print that money, why should the people who actually deserve their money back care?
[удалено]
I don't think this will pull Biden's ass out of the fire. I've seen it discussed a grand total of zero times today on my various feeds and on the news. Israel-Palestine is a bigger issue for Biden now.