Tuesday, February 09, 2010

 
 
 

 
 
 
 
 
Washington DC's new plan: No Social Security for retirees making more than $60,000 a year
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Thursday, May 14, 2009
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From Newsmax:

Stunned by the latest report on looming shortfalls in the Social Security and Medicare trust funds, members of Congress are considering cutting benefits for wealthy Americans.

So-called "means-testing" has been kicked around for years. In effect, if you can afford your retirement on private savings, no entitlement payments for you, even if you put into the system for decades.

Here's the rub: Who is wealthy? Anyone making more than $60,000 a year...

Read full article...

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Topics: Government Stupidity | Boondoggle
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