Paul Ryan wanted to run up the deficit with their tax bill, so they’d have an excuse to go after Social Security and Medicare, so here we go.
Trustees warn Medicare's giant trust fund for inpatient care won't be able to cover projected medical bills starting in 2026, three years earlier than previously expected. Social Security will become insolvent in 2034 _ no change. https://t.co/sNxTu9jgDi
— The Associated Press (@AP) June 5, 2018
If no one does anything, the fund will still cover 79%. All they have to do is raise the cap on the wealthy.
There is no Social Security or Medicare crisis. You raise or lift the maximum cap on the income tax for it. Then it is funded forever.
That is it. That is literally all you do.
— August J. Pollak (@AugustJPollak) June 5, 2018
Congress should require the wealthy to contribute their fair share so we can protect and expand Social Security benefits.
— SocialSecurityWorks (@SSWorks) June 5, 2018
social security and medicare are running out!*
* as long as we dont increase the revenue by taxing the super-rich, megacorps, and stop overspending on the military that is
** these kind of stories are a bullshit excuse to cut benefits when we should be expanding them
— Oliver Willis (@owillis) June 5, 2018
Folks, in the context of Social Security and Medicare, "insolvent" doesn't mean "go bust" or "bankrupt" or anything like that. They aren't going to disappear.
Don't play into the right-wing story that Social Security and/or Medicare are in crisis.
— Michael Linden (@MichaelSLinden) June 5, 2018