SteveR
Moderator Emeritus
- Joined
- Jul 1, 2005
- Messages
- 2,811
Nothing is underfunded. The funds for these programs are from taxes; SS tax or Medicare tax. All they have to do is raise them.
Once the politicians convince us of the need; taxes will be increased while they tell us it will only be for a "little while."
Part D of Medicare will cost us a lot more than what was originally believed (as always :). Those still working will have the joy of seeing this tax increase in the coming years. Also, eventually, SS will be taxed on all income without an upper income limit as it has today. That is an easy one because it affects only the "wealthy" and is an easy sell.
Once the politicians convince us of the need; taxes will be increased while they tell us it will only be for a "little while."
Part D of Medicare will cost us a lot more than what was originally believed (as always :). Those still working will have the joy of seeing this tax increase in the coming years. Also, eventually, SS will be taxed on all income without an upper income limit as it has today. That is an easy one because it affects only the "wealthy" and is an easy sell.