The National  Memo Logo

Smart. Sharp. Funny. Fearless.

Monday, December 09, 2019 {{ new Date().getDay() }}

Senator Elizabeth Warren (D-MA) solved the fake Social Security crisis with facts on Bloomberg TV’s Market Makers.

“Social Security is not driving our deficit,” she said on the show’s Thursday broadcast. “Social Security is a system that pays for itself. If we did absolutely nothing to Social Security, we would make payments for more than 20 years at exactly this level. And then they would drop by about 25 percent and pay forever into the future… We can make modest adjustments now in Social Security and make sure it will be there to pay on into the future. And if we make some more adjustments, we could see an increase in Social Security benefits for those who count on it.”

She went on to say that the “last thing we should be talking about is cutting Social Security” in the middle of a “retirement crisis,” noting that 2 out of 3 seniors — 14 million older Americans — the only thing keeping them out of poverty is their Social Security check.

The senator went further than saying Social Security and Medicare benefits should not be cut.

She believes that with some modest adjustments, Social Security could actually be expanded.

Elizabeth Warren

 

Image: Bloomberg TV’s Market Makers

Advertising

Start your day with National Memo Newsletter

Know first.

The opinions that matter. Delivered to your inbox every morning

Wandrea "Shaye" Moss

YouTube Screenshot

Just who deserves protection in America?

If you observe the folks this country chooses to protect and chooses to ignore, you may get an answer that doesn’t exactly line up with America’s ideals.

Keep reading... Show less
YouTube Screenshot

The First Amendment reflects a principled but shrewd attitude toward religion, which can be summarized: Government should keep its big fat nose out of matters of faith. The current Supreme Court, however, is not in full agreement with that proposition. It is in half agreement — and half is not enough.

This section of the Bill of Rights contains two commands. First, the government can't do anything "respecting an establishment of religion" — that is, sponsoring, subsidizing or providing special favors for religious institutions or individuals.

Keep reading... Show less
{{ post.roar_specific_data.api_data.analytics }}