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View Diary: Linda McMahon thinks it's time to 'sunset' Social Security (93 comments)

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  •  Here's the vid & text (start at 9m00s) (15+ / 0-)

    Question: Do you believe that Social Security and Medicare are in financial trouble, and if so, what would you do to strengthen them?

    McMahon: Well they clearly are in trouble. We know that they're not sustainable at their current rate. There are a lot of ways that we could look at strengthening Social Security. I do think that we're going to have to do it in a bipartisan way. There are suggestions on the table, you know, that range from raising the retirement age, you know, to other methods, to means testing, to other things. And I think that we're going to have to do that in a bipartisan fashion in Congress. We cannot continue doing things the way we are doing with Social Security. We're just simply going to be bankrupt.

    And I do believe that, that there are ways to look at, you know, what we're trying to do when we put Social Security in place? We didn't go back and review it. In other words, I believe in sunset provisions when we pass this kind of legislation, so that you take a look at it 10, 15 years down the road to make sure that it's still going to fund itself. Social Security will run out of money if we continue to do what we're doing, if we rob the trust fund, if we think that there's any money there -- there's not. But there are, there certainly are (inaudible) securities, banks, backed by the federal government.

    However, Medicare is again going to go bankrupt if we don't change it. There've been recommendations of block grants, of our seniors looking at choosing what kinds of plans that they want. But I can tell you one thing I would not do, I would not vote on any rule or law that would take away the benefits that our seniors have today or those that are approaching retirement age. Because they're there, they're counting on those benefits. We have to find another way to pay for it other than impacting our seniors today, and I would not vote for anything that would do that.

    •  Great way to strenghten Medicare:Medicare for ALL! (3+ / 0-)
      Recommended by:
      Cali Scribe, ColoTim, Calamity Jean

      If this plutocrat, Linda McMahon, is "so concerned" with "strengthening" Medicare...hey....there is a great solution that will take us a long way. Its called MEDICARE FOR ALL! If we allow (or even require) everyone to buy into Medicare and spread the risk pool  throughout the entire country among millions of young, healthy people; this will infuse all kinds of money into Medicare, rendering it solvent for decades at the least. In addition, we can also remove the cap on taxing incomes above $250,000.00 to help address the challenges that Medicare faces. These are obvious solutions.

      But I am sure that Ms McMahon would not support these most obvious policies as solutions because strengthening Medicare is not what she really wants.  What Linda McMahon and the entire right wing seek to do is first voucherize it and then eliminate Medicare down the road on the grounds that it is "socialism". They don't give a DAMN about "strengthening" Medicare or Social Security and everyone must be clearly notified about this. But these Republicans know that its not politically popular to come right out and "say" that so they use Orwellian language such as insisting that they want to "strengthen"and "save" Medicareby voucherizing it and privatizing Social Security........which are the first steps toward eliminating them under our noses while we don't notice......... until its too late.

      Mitt Romney's 47% comments simply blew the cover off of all the rest of the GOP who has been hostile toward these "entitlement" programs ever since their enactments. Its time to hang "The Mittster's" 47% comments around the necks of EVERY SINGLE Republican House and Senate candidate running for office because in truth...their agenda is EXACTLY the same as Mitt Romney's 47% comments stated behind closed doors to fellow plutocrats. They just know not to come out and SAY it. That's the only difference.

      If Not Us, Who,..... If Not Now, When?

      by VirginiaBlue on Thu Sep 27, 2012 at 11:56:18 AM PDT

      [ Parent ]

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