Where oh where has our Social Security gone? The Net Balance in the Fund is $2,699,365,000,000.
Our Government is claiming that Social Security is in fact - a Tax and accounting for it on that basis.
In addition upward of $500 billion of CoVid loans that were cancelled - were written off against Social Security.
Last year, the Social Security Administration determined that inflation was 3%, therefore your benefit payment rose by just 3%. This is the data released to support the current rate of 3.8%: Food up 5.5%, shelter up 5.7%, vehicle insurance up 20.6%, medical up 1.4%, recreation up 2.1%, electricity up 3.6%, utility cost down 8.2%, gasoline down 3.9%, fuel oil down 5.4%, and personal care up 4.2% = net up 22.3% Common Core Math.
Their inflation/cost of living increases have been as much as 80% greater than Social Security - yet the age of retirement can be as low as 50 with partial benefits and 60 with full benefits.
There is no discussion of aligning this with Social Security beneficiaries, or matching cost of living increases.
Ukraine was just given $300 million in “grant money”, better known as Monopoly Money, to buy American weapons. This is the same grant/aid exchange that the US uses with Israel to launder funds. Aid funding is on the books at over $200 billion for last year. Welfare now costs the Taxpayers $1.1 trillion – 25% of the Budget.
Social Security isn't broke - our irresponsible, negligent, corrupt government is -.
https://helenaglass.net/2024/04/10/social-security-the-big-lie/
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