200 People Already Paid Their Social Security Taxes: Happy New Year!

Contributing sentiments towards policy:

83% : Social Security Works, a nonprofit Social Security think tank is another good source for updates on Social Security legislation.
64% : Here's a quick primer on Social Security finances.
64% : One of the best aspects of Social Security is the Office of the Chief Actuary and the office holder's unsung hero Stephen C. Goss.
58% : The major proposals most often come from stalwart Representative John Larsen, a Connecticut Democrat, who has offered a comprehensive plan year after year to raise Social Security revenues including raising the earnings cap.
58% : The majority of Americans want more revenue for Social Security.
57% : But, if Congress and the President do nothing, Social Security will be able to pay only 77% of promised benefits by 2033.
56% : The most common way to express Social Security's deficit is how much the payroll tax must increase to pay promised benefits for 75 years.
55% : Anyone can examine the major proposals and options for fixing Social Security finances by going to The Office of the Chief Actuary's webpage to read their easy-to -understand analysis of the estimated effect on the financial status of the Social Security program and/or the SSI program.
55% : The measure would raise more money than needed to solve the long run deficit, so the Act uses additional revenue to increase Social Security's benefits to eliminate most elder poverty.
48% : What to do about Social Security is a battle over vision, values, and politics, not bickering mathematicians.
47% : If the cap for Social Security had not existed (there is no cap on Medicare taxes) the some 5% of U.S. workers who earn more than Social Security's taxable maximum would increase revenue by more than $22 billion.
46% : Both Republicans and Democrats want to save Social Security.
42% : If you think tax increases for Social Security is impossible remember, in 1994, a bipartisan Congress eliminated the income cap for Medicare.

*Our bias meter rating uses data science including sentiment analysis, machine learning and our proprietary algorithm for determining biases in news articles. Bias scores are on a scale of -100% to 100% with higher negative scores being more liberal and higher positive scores being more conservative, and 0% being neutral. The rating is an independent analysis and is not affiliated nor sponsored by the news source or any other organization.