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My Father paid about $15,000 into Social Security and between his Social Security monthly payments and Medicare he was given hundreds of thousands of dollars in benefits...And I have NO problem with that. Every generation pays for the generation that went before: brilliant!
In 2004, the first legislative act proposed by President George W. Bush after his re-election was to attempt to privatize Social Security. That meant that you would be free to invest your own money in the Stock Market and you would no longer get a monthly benefit from the Government. It generally doesn't matter which party a voter belongs to, they don't want their Social Security touched. Mr. Bush's attempt to end Social Security failed miserably.
But that did not stop Sam Johnson of Texas who just introduced a bill (http://samjohnson.house.gov/uploadedfiles/social_security_reform_act_bill_text.pdf) to slash monthly Social Security benefits except for the very poor.
Susan and I both worked more than 40 years and we have contributed much more than $500,000 into Social Security and Medicare. It's OUR MONEY and not the Governments.
Do you really want YOUR benefits cut or YOUR Elderly Parent's benefits to be slashed?
Call your Congressman or woman and tell them how you feel. It is YOUR MONEY.
