Christie: Social Security, Medicare cuts
are a necessary ‘political risk’ in
today’s economy
The Hill,
by
Nick Robertson
Original Article
Posted By: Mercedes44,
8/20/2023 6:14:15 AM
Former New Jersey Gov. Chris Christie (R) said it’s time to take a “political risk” and consider changes to Social Security and Medicare benefits for young people.
Changes to the programs are necessary, or they could run out of money for everyone in about a decade as the country faces a rising national debt, the presidential candidate said.
“The most disgusting part of Joe Biden’s State of the Union address this year was when he stood up, and he said, ‘We’ll all agree, right? We’re not going to do anything to Social Security?’
Reply 1 - Posted by:
Californian 8/20/2023 6:25:02 AM (No. 1538422)
Yes something needs to be done but this guy won't be involved at all.
Go get a real job.
63 people like this.
Reply 2 - Posted by:
PChristopher 8/20/2023 6:53:35 AM (No. 1538434)
Get lost, Big boy! How about we cut Ukraine and quit sending money to Chinese labs for starters. Keep your grubby paws off my Social Security money!!!
128 people like this.
Stop funding wars around the globe. Why are we wasting money snd lives because of the insanity warmongers in the State Department, the Congress and in the Pentagon?
100 people like this.
Reply 4 - Posted by:
privateer 8/20/2023 7:28:01 AM (No. 1538445)
MIC is the KEY their MO is rob the USA.
15 people like this.
Reply 5 - Posted by:
ARKfamily 8/20/2023 7:31:59 AM (No. 1538448)
So the hard-earned money that taxpayers put into the system is the first to be changed. How about they look at the out-of-control spending going on? Spending that is going on in all aspects of government. . .
94 people like this.
Reply 6 - Posted by:
franq 8/20/2023 7:39:08 AM (No. 1538454)
Amen, #2 and 5. People had money confiscated all their lives. They deserve it returned as the system was designed to do. Billions upon billions are available (if not, they print it) for wars, Greed Energy, assistance for illegal aliens, and many other immoral things. The Fed needs to do right by us.
69 people like this.
Reply 7 - Posted by:
Nimby 8/20/2023 7:42:55 AM (No. 1538457)
First, give me back all my money the government has taken all these years with compound interest at today’s rate.
78 people like this.
Reply 8 - Posted by:
philsner 8/20/2023 7:55:24 AM (No. 1538464)
This is all he has.
34 people like this.
Reply 9 - Posted by:
sw penn 8/20/2023 8:00:40 AM (No. 1538465)
"To secure the blessings of liberty..."
get rid of these dopes.
38 people like this.
Reply 10 - Posted by:
MickTurn 8/20/2023 8:07:22 AM (No. 1538468)
The FAT BOY just bought the political farm...See Ya! Go back to New Jerksey and play with the Mafia!
44 people like this.
Reply 11 - Posted by:
Lazyman 8/20/2023 8:08:24 AM (No. 1538469)
We have American cities where 10 percent of the young residents are collecting Social Security disabled benefits without ever paying into the fund. Transfers from the SS retirement fund hold this up although it wasn't suppose to be like that. Where's the Fatman on that?
57 people like this.
Reply 12 - Posted by:
3XALADY 8/20/2023 8:10:04 AM (No. 1538473)
I will think about it when you start making those taking out college loans start making payments again.
42 people like this.
Reply 13 - Posted by:
plomke 8/20/2023 8:10:57 AM (No. 1538474)
I say eliminate all welfare programs.
No more Social Security.
No more Medicare/Medicaid.
No more SNAP.
No more WIC.
No more farm subsidies.
No more corporate subsidies.
No more foreign aid of any kind.
And close and defend our own borders first,not Ukraine.
15 people like this.
Reply 14 - Posted by:
Catherine 8/20/2023 8:12:05 AM (No. 1538477)
How about only legitimate American citizens receive it. All the illegals not. Tens of millions have poured into this country since Biden took over. And WE are supporting them, feeding them and giving them free medical care.
63 people like this.
Reply 15 - Posted by:
homefry 8/20/2023 8:15:55 AM (No. 1538482)
Hell no. I paid in every week to SS at the threat of jail time, and was told that if I lived long enough I would get it back, insurance against old age if you will. Well, I'm old. I aint going for no bait and switch.
55 people like this.
Reply 16 - Posted by:
Mizz Fixxit 8/20/2023 8:23:41 AM (No. 1538486)
Social Security and Medicare have already been effectively cut by enormous spikes in the cost of food and other essentials, and a $2 per gallon gasoline price increase all caused by Biden.
57 people like this.
Reply 17 - Posted by:
Subsuburban 8/20/2023 8:25:47 AM (No. 1538490)
Along with massively increased subsidies for "green energy," higher gasoline/oil taxes, decreased petroleum/gas/oil production, higher income tax rates on the middle class and most of all, continued importation and subsidization of migrant invaders from every third world country on the face of the globe. Yeah, that's a winning platform right there.
31 people like this.
Reply 18 - Posted by:
padiva 8/20/2023 8:33:50 AM (No. 1538494)
I just might need to identify as an illegal so I can live in a fancy hotel on the government's dime.
34 people like this.
Reply 19 - Posted by:
Old Army Vet 8/20/2023 8:39:51 AM (No. 1538501)
Go back to jersey and disappear.
25 people like this.
Interesting that the benefits PAID FOR by the recipients are what he is looking at......cut welfare and AFDC first. Those people did nothing to deserve government largesse.
35 people like this.
Reply 21 - Posted by:
wilarrbie 8/20/2023 9:15:16 AM (No. 1538539)
Fix for SS: - Exempt first dollars taxed, up to a living wage, say 30 grand. then lower the rate of SS tax, but apply it to EVERY dollar earned above that. Eliminate benefits paid to those with net worths above - say 10 mil. Non-citizens ineligible, but may collect their own SS from their home country tax-free.
17 people like this.
Reply 22 - Posted by:
LC Chihuahua 8/20/2023 9:29:42 AM (No. 1538548)
Christie sounds like a Democrat. If I thought this kind of policy actually worked, why would I vote for him when I could vote Democrat and get the real thing? Rule #1 for any Republican: Differentiate yourself from the Democrats! Don't sound like them.
27 people like this.
Reply 23 - Posted by:
marbles 8/20/2023 9:37:19 AM (No. 1538561)
Christie ( you uniparty flak ) cut the bloat, ( billions of billions ) of money that goes to friends of friends through government money laundering.
26 people like this.
Reply 24 - Posted by:
msjena 8/20/2023 9:40:32 AM (No. 1538564)
That was the most disgusting? How about making the government pay back the money it raided from the social security trust fund?
28 people like this.
Reply 25 - Posted by:
Dodge Boy 8/20/2023 9:44:08 AM (No. 1538567)
Fat boy, "political risk" is rino code for sunsetting both programs. Right, pal? You just wait until our young people figure this out.
16 people like this.
Reply 26 - Posted by:
Lawsy0 8/20/2023 10:02:41 AM (No. 1538583)
This could be the proof we were looking for that Christie is indeed a Democrat.
22 people like this.
Reply 27 - Posted by:
Strike3 8/20/2023 10:51:25 AM (No. 1538607)
If the cuts occur with the under-65 set and return to what social security and medicare were originally designed for, to help those who paid into the system for their entire working lives then I'm all for it. It's much too easy for young people to receive those benefits for a continuation of their useless, parasitic lives and drain money away that was not meant for them. I personally know one of those parasites who claimed in his thirties that he had to quit driving a truck due to back pain but jumps on his Harley Davidson quite often to cruise the bars. Since this is the dishonest Jersey Whale talking, the first to lose benefits would be seniors.
19 people like this.
Reply 28 - Posted by:
BeatleJeff 8/20/2023 11:15:36 AM (No. 1538627)
I smell bacon ...
13 people like this.
Reply 29 - Posted by:
formerNYer 8/20/2023 11:18:15 AM (No. 1538633)
How about NOT funding Ukraine???
22 people like this.
Reply 30 - Posted by:
Rumblehog 8/20/2023 11:34:52 AM (No. 1538643)
There might be some politicians wishing they hadn't voted for that. Just say'n.
12 people like this.
Reply 31 - Posted by:
MissMann 8/20/2023 11:35:54 AM (No. 1538645)
Funding endless wars, forgiving student loans, paying bad actors for resources we could acquire here at home, endless "entitlement" programs paid for by borrowed money--why don't you start there, Big Boy, before cutting programs people paid into.
Obviously a member of the swamp. No thanks.
25 people like this.
Reply 32 - Posted by:
chagrined 8/20/2023 11:38:05 AM (No. 1538647)
So, Chrissie says we need to cut back on SS and Medicare. Yeah, fat boy would squeal to the high heavens if he was told his cheeseburger supply was gonna be curtailed!
18 people like this.
Reply 33 - Posted by:
DVC 8/20/2023 11:54:54 AM (No. 1538659)
That'll be real popular, Fat Boy.
16 people like this.
Christie knows this is a non-starter. He is simply setting up more false allegations about "Republicans killing social security". Wittingly or unwittingly he is hurting Republicans.
19 people like this.
Reply 35 - Posted by:
Starboard_side 8/20/2023 12:50:00 PM (No. 1538701)
I did a project in college nearly 25 years ago on the social security issue.
First, there is no accumulated sums earning interest, only the "principle" that was taken out of your paycheck
Second, back then, most would exhaust all they contributed within 4 1/2 and 5 years time (mostly contributions from salary levels from the 1940's, 50's, 60's). It's likely a few more years today but not likely too many more as payments are higher.
Third, they should have adjusted the early withdraw from 62 to 64 when they increased the full retirement amount to 67(all born after 1960).
It would not save the program, but would have helped reduce the number of people who take their payments early (about 30% reduction) most of whom need the higher amount by the time they reach 72-75 especially.
11 people like this.
Reply 36 - Posted by:
moebellini3 8/20/2023 1:39:54 PM (No. 1538728)
You don't have to cut anything. Those benefits were bought and paid for by the people who actually worked and paid into those programs. The problems with social security medicare benefits is that checks are being sent to people who have never paid a dime into the programs. For years politicians have raided those programs and have given payments to people who never deserved it. Again, taxpayer money being used against us. They stole our money and benefits. Pathetic and appalling
14 people like this.
Reply 37 - Posted by:
smokincol 8/20/2023 1:47:45 PM (No. 1538733)
wonder which side of his brain he's uses when he makes ridiculously inflammatory statements like this one
10 people like this.
Reply 38 - Posted by:
paral04 8/20/2023 2:53:02 PM (No. 1538761)
If Social Security wasn't throwing away money on people who never contributed to the fund we would be just fine. Medicare funds are being squandered on the same people who shouldn't be getting Social Security payments and on life long expenses of transgender mutilations.
14 people like this.
Reply 39 - Posted by:
49 Ford 8/20/2023 4:45:57 PM (No. 1538810)
Thank you # 35, for bringing some good sense to this thread.
Congress will never - under any president - make the changes needed to keep SS and Medicare afloat. And that is because the American people themselves stubbornly refuse to face reality. Many of the posts on this thread attest to just that.
"What about welfare?" " What about foreign aid?" "What about this and that?" they all cry. Well, none of those things has anything to do with SS or Medicare, and will never be considered in conjunction with them. Every program on the federal ledger has a politically powerful - and protective - constituency.
We are just going to have to pay the piper when the time comes. It won't be a purty sight.
4 people like this.
Reply 40 - Posted by:
DVC 8/20/2023 5:28:51 PM (No. 1538838)
Exactly correct, #35, and I did similar research, which is why my wife and I planned our retirements from the beginning to be comfortable even if SS wasn't there. I expect it to be 'means tested' away at some point.
Not destitute? No SS for you!
If so, we'll still be OK financially.
6 people like this.
Reply 41 - Posted by:
janjan 8/21/2023 9:19:31 AM (No. 1539192)
Most people will get everything they put into SS within 7 years. After that they are dispensing money coming in from people still working. So it is not sustainable in it’s present form in the long term. Christie is a fool. There is plenty of money being spent on useless wars and lots of unnecessary BS. The people managing the money, mainly Congress, are not making these programs a priority and they won’t until it’s on the brink and threatening their re-election. That’s why Trump is so popular. He has the guts to call this out for what it is.
6 people like this.
How 'bout if we make it illegal for Congress to raid the Social Security fund for purposes other than what it was originally intended?
10 people like this.
Reply 43 - Posted by:
TexaTucky 8/21/2023 9:26:33 AM (No. 1539199)
Does anybody remember a time when they weren't saying Social Security would be going bankrupt in X years?
Does anybody remember a time when they weren't saying the national debt was going to cripple the U.S. economy?
It's all a fiat system, and it will continue as designed so long as the central banking entity that runs the world wants to control our lives. This is just the part where they try to scare us every election cycle about SS going bankrupt to keep us under control.
The End.
7 people like this.
Reply 44 - Posted by:
TurtleDove 8/21/2023 9:32:17 AM (No. 1539203)
How about the government be FORCED to repay to the SS trust ALL the TRILLIONS of funds it has "borrowed" from it over the decades??? That would ensure its solvency.
Furthermore, EVERYONE who has been declared "totally disabled" in the last 20 years should be re-certified. There are a LOT of fakes/liars out there.
10 people like this.
Reply 45 - Posted by:
bighambone 8/21/2023 9:43:01 AM (No. 1539209)
With Christie talking about reducing Medicare and Social Security payments, if the wimpy Republicans nominate Christie to top the 2024 wimpy Republican presidential ticket they are guaranteeing that they will crash and burn in the General Election.
5 people like this.
Reply 46 - Posted by:
Trapper 8/21/2023 10:41:37 AM (No. 1539239)
What it amounts to is Christie wants to cut Social Security and Medicare to finance his money-pit war in Ukraine. We are funding the entire UKraine national budget, including THEIR versions of social security and medicare. Cut ours to fund Ukraine's. That's Christie's big plan.
zzzzt
That's the sound of Christie's political ambitions frying to a crisp as he touches the third rail of Social Security and Medicare cuts. Bye Chris.
6 people like this.
Reply 47 - Posted by:
Zigrid 8/21/2023 11:16:15 AM (No. 1539271)
President Trump is spot on!!...leave Social Security and medicare for those who paid years into the plan...not those who just take...never having given one dime to the programs....
9 people like this.
Reply 48 - Posted by:
snowoutlaw 8/21/2023 2:24:43 PM (No. 1539403)
What's this get back in 7 years lie? If over the years I had the choice to invest all the SS I paid over the last 40+ years I would be worth many millions today. More than enough to pay me my monthly retirement payment and a few others.
3 people like this.
Reply 49 - Posted by:
FJB 8/21/2023 2:29:00 PM (No. 1539405)
Yeah. That'd be a good idea for your platform, Chris.
1 person likes this.
Reply 50 - Posted by:
Safari Man 8/21/2023 3:34:21 PM (No. 1539444)
He knows Trump will be the nominee and he brings this up to give the media something to bludgeon the GOP with. Trying to ensure a GOP loss.
1 person likes this.
Reply 51 - Posted by:
rochow 8/21/2023 9:14:35 PM (No. 1539597)
Don't forget we have to keep all the incoming illegals in clover. Beds, rooms, food etc. They complained already that there is too much pasta.
0 people like this.
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