SOCIAL SECURITY UPDATE: Discover What Project 2025 Means for Your Social Security
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- Опубліковано 6 сер 2024
- 📢 Discover What Project 2025 Means for Your Social Security! 📢
Welcome back, everyone! In today's video, we're diving deep into the specifics of Project 2025 and its potential impact on your Social Security. Speaker of the House Mike Johnson has shared his vision for 2025, but what does this mean for your benefits? 🤔
In this informative clip, you'll find out:
✅ What lawmakers are planning for Social Security reform.
✅ How Social Security fits into the 900-page Project 2025 proposal.
✅ Speaker Johnson’s priorities for spending in 2025.
✅ The Heritage Foundation's stance on Social Security and potential reforms.
✅ Implications of raising the full retirement age and means testing benefits.
Before we jump into the details, don't forget to smash that LIKE button and SUBSCRIBE to stay updated! 👍🔔
⚠️ DISCLAIMER: The host is NOT a CPA or financial advisor. This channel is for entertainment purposes ONLY. Seek professional advice for financial decisions.
Let's foster a community dialogue! Drop your thoughts or questions in the comments below. And if you enjoyed the video, consider buying the host a coffee ☕ to support the channel!
Contact your congressperson 📞, stay informed, and let's engage in this crucial conversation on the future of Social Security. Let's go! 🚀
#SocialSecurityPriorities #SocialSecurityBenefits #ShockingCuts #TrumpReelection #SocialSecurityFuture
#RaiseRetirementAge #HeritageProject2025 #RetirementAge #TrumpProject2025 #HeritageFoundation
CHAPTERS:
00:00 - Mike Johnson Talks About Project 2025
00:41 - Project 2025 and Social Security
10:15 - Social Security Insights
10:24 - Outro - Навчання та стиль
Leave our social security alone. That is our money not yours.
This not fair for the elderly they has taken this money out of our pay checks this is our money they are not giving us anything
Brother, there is a definite threat to our rights and may very well be our freedom
Worked 50yrs of my life not sharing my money with anybody.I will personally lead the march to Washington
So did I, and I get where you are coming from.
But I'm willing to sacrifice some because don't want to see my parents and their friends continue to live in poverty and do without their needs met after working for so many years.
They worked just as hard for 50 yrs too but the wages were a lot lower then and having families they didn't make enough to put money away for retirement and SS hasn't ever accounted for this plus COLA doesn't come anywhere close to reflecting the true increasing cost to be able to live now in this horrible economy.
They deserve it just as much as I do. It's time they stop being penalized for working at a time when wages were so low.
@@user-jb4xv4im9o They were supposed to get inflation increases.
Yeah but another part off the plan is giving Trump power to deploy the US military to quell domestic unrest. Putin's Amerika
Yes it does cut social security and health care including Vets.
So glad you cover these topics. You explained this well for all audiences but I think it has a significant point on it for those people who want to vote for that "other party" and also depend on Social Security. I think you got it exactly right. They put 900 pages of smoke and mirrors in that plan but not one word about the Social Security they have been targeting for years. IF we are unfortunate enough to have another 4 years of Trump, it will be interesting to see what happens to Soc Sec. You know they will put plans in place that will negatively affect Soc Sec years into the future. My best wishes to all.
I don't know why it's a mystery. There's plenty of precedent from Trump's term in office. One of the later (2020) things he did was halt the payroll tax (the source of ongoing funding for Social Security for those unfamiliar) through executive order, and promise to make it permanent if he was reelected. There are plenty of old articles available online about it. I don't believe it was constitutional but nobody ever stopped him, and although it may have been an issue had he been reelected, it died off silently because he wasn't. And nobody seems to remember this, but I think it indicates exactly what he wants to do. There also anecdotal accounts of him telling insiders he thought ending Social Security would be a good "second term" project (since he would thave to face voters again) and for anyone that thinks it couldn't happen, he would make a populist appeal to young workers that they are paying into a system that's going broke and may never see a penny. That would gain enough support to override the minority of Americans that collect it. I've always been able to second guess Trump and I can tell anyone without a doubt he would end Social Security, especially with no checks and balances in place to stop him which SCOTUS has already set him up with.
Let's cut the salaries of the senators and the speaker of the house and do not give them a retirement benefits. These people are full of shit I worked 72 years and paid into social security try taking it
Fixing SS is easy. Just raise the cap so that richer people pay their fair share. The GOP won't do that because they protect the rich.
And stop giving immigrants ssi and other countries money
@@Amy-gu5st We don't give SSI to immigrants and we have ALWAYS given money to other countries. Why do you think that we are the world power?
Agree, foreigners shouldn’t get Social Security. If they did not contribute.
Yet Billions For For Other Nations Through Out The World, Always The Middle Finger Towards Americans Especially Retired People
It's why we are the world's super power. They just need to raise the cap on paying into SS. It would solve the shortage. GOP won't do it.
My understanding of the SS issue is that the rich people pay on only a certain amoiunt of their income. So they basically pay a lower rate than the average working person. Funny how the rich want it all and then some.
If they told the truth, no one would vote for them
Where in trillions in depth,but we can afford to spend on Ukraine,and other country's, and can't invest in social security and disability sounds to me like priority are backwards for the people
We spend $108 billion a month on SS .
We have to slow down the dictator countries, buti know America got lots of money they can give the people what's olded to them,they work for that money.
@@Satjr35031they need to pay more money to ss,we work for it.
Oh please, that's not how it works. They just need to raise the cap on SS and it would solve the problem. GOP won't let that happen.
Thank you David for your updates
Good evening mr.David l appreciate your content you always keep it real with us God bless you 🙏💙you are the realist family out here in these UA-cam streets.keep your vlog’s coming .
Good Evenin David thanks for the info/update! God Bless❤
Do not understand the spending reference if workers are the ones who fund ss? Has that evolved into a govt expenditure? That's my money.
SS used to be a sacred cow that government was not allowed to touch. The US government started dipping into the Social Security system in 1975 when expenditures began to exceed income. "In 1981, Congress passed legislation to allow inter-fund borrowing between the three Social Security Trust Funds as a temporary measure. In 1983, Congress also passed amendments that allowed up to 50% of Social Security benefits to be taxed if a taxpayer's income exceeded certain thresholds." And, in 1984, thanks to, you guessed it, another republican president (Reagan) they started taxing social security benefits, so they're literally double dipping on our money. "The taxation of Social Security began in 1984 following passage of a set of Amendments in 1983, which were signed into law by President Reagan in April 1983. These amendments passed the Congress in 1983 on an overwhelmingly bi-partisan vote."
It is 2024, and Social Security just gave me pay cuts. I am 70 years old and disabled. At the moment, I do not even income qualify for a place to live. More cuts to what is left of my Social Security? I am not the only one who has been cut. 2025 is already here!
This is very factual info
I think they should cut government pay or at least make them work for it
Big pensions
They won't use the CPI-e, they will make up some new metric to use that means less to retirees.
Why not put money into SSA they keep sending to UKRAINE🤔 Maybe some 200 billion out of politicans pockets🤔
Uncle: It is illegal for the government to contribute to Social security.
Ukraine's independence from Russia protects Europe, which protects America. We wouldn't care about them if it wasn't vital to OUR security. That's what MAGA doesn't tell you/us.
Part of the solution: cut salary and entitlements for all legislative, executive and judicial branches of federal government. Let them buy their own health insurance, paying full premiums. Cut their wasteful spending on golf outings, etc. A good start.
Take congress pay they don’t do anything
A Big Like 👍
Please 🙏 America 🇺🇸 Vote Blue 💙💙💙💙 to save our Democracy May God Bless Every one.
Hi David thanks for the update
Alex , It's 900 pages !! My goodness !! Thank you ! Either way running out money 2034 !
Social security was created years ago when money had value today it value is declining just like the dollar! It needs to catch up with the cost of living today!
Most of the people let go will NOT be replaced!
Whats wrong with rasing retirment age to 70 on younger people? They did it to us in 1983. We already took our medicine.
The news reporters need to put pressure on the politicians and let them know that they will lose votes if they don't act immediately i'm sorry for security
I read that in 2020 he was open to defunding social security. How has his views changed since then?
I'm not on Social Security anymore. When I was, I couldn't have nothing. I had to limit my spending because they only give you so much per month. You can't work for a living. If you do, you lose it. When you lose it, you have to pay them back.
Anne: If you are receiving SS retirement benefits while still working, you will be limited to maximum wage before the SSA starts deducting $1 of your benefit for each $2 earned over the limit. However, when you reach FRA, they will recalculate your benefit, paying back whatever money you had to return in the past.
When the rich republicans cut cut cut the poor, they better remember the old law of FA FO. Marie Antoinette FA'd and boy did she FO. Hunger is a hell of a thing.
It would be great to reduce the employment of by the Federal Government! ! That free’s up funding for SS! That’s only one of several factors to be done to save SS
jerry: The government does not fund SS.
What is the life expectancy of a blue collar worker in the US?
MAIN RESULTS: Mean total life expectancy was highest among executives and managers (73.2 (95% confidence interval (CI): 70.3, 76.1) years), next highest in clerical (white collar) workers (72.0 (70.0, 74.1) years), and lowest in unskilled blue collar workers (63.65 (61.1, 66.2) years).
They're literally betting on us dying before we can get the money we're due.
Hi David
If you spend and spend, and run up debt to do that spending, and spend more and more on the interest to service that debt, sooner or later very hard choices have to be made. The spending should've been controlled long ago so that Social Security could stay viable. Now we're hoping to get at least 77% and that they don't collapse everything.
Sounds like my husband on the family budget LOL
What if you don't have any 401k?
What about us that are on SSI SSD retirement ECT and how are we going to pay our bills without our month benefits we paid into it dang
They know if we catch wind of it we won’t vote for them
Our money we paid I to it in a trust fund😊
They didn't mention it because social security is the 800 lb gorilla in the room. They don't want to publicize their plan to attack it and reduce payments. But in private we all know what they are thinking...
Please "get to the message/point!!!! Thanks
What happen to 2024
Well in my mind everybody's telling me well if you win or if you win your disability and if you win and if you win you know it's not a Wednesday I didn't know this was a lottery I didn't know that I was giving over majority of my check every week for 50 years to buy them scratch ticket or to see if I would win and that's the problem so maybe we do need to get rid of it cuz it's not a goddamn lottery
STOP SENDING MONEY OVER SEA TO OUR HORRIBLE ENEMIES..
What enemies receive aid from us?
Thanks for sharing 😊
They always targeting the elderly ❤
and disabled
Like you says so I'm 14 years old, 2 to 3 jobs on and off to pay as much to social security that I could get out of when I retired, I got sick and I could barely survive on the 1800 that I got it. I took care of my wife for 25 years. What else time is she passed and I don't? I got I don't ever get to get more than what I got $400 from hot checks. And increases the time I pay my rent.My water bill.I aint got food they eat.Are they for real
Maybe they should rase the age of eligibility and means test members of congress's pension and the president of the United State's pension.
Most of them are multimillionares !
The government ain't shit!!!!!!!!
Ok I'm very honest. I'm retired from the government. I'm not for cutting SS
But the rest of 2025.Is not bad 60pecent of the government employees i work with don't do anything for your money. I'm All for no more free We just can't afford it anymore. We need to think about the future generations
Not what I can get now for me.
Biden you want the senior vote then do something for us now!!!
Are you serious about voting for that Jug Head.
He's doing something now, he's promising to continue to keep SS solvent, the orange jesus is promising to take it away from you. Step away from Fox news and learn about what is going on.
Good video but I heard lots of guessing.
People not even promise to see full retirement age at 70 so sad... What they are doing in this administration...
In regards to the COLA, how much will they take back for a Medicare premium increase?
I need my social security we see ?
Project 2025 ?That's not good!
Trump : "i dont know anything about it! "For literally anyting important
Now everyone must vote 💙💙💙 with President Biden to Save Social Security and the USA!!!
You really think Biden is going to save Social Security look what he's done with everything that he's doing he can't even remember his name you can't even go in the store and buy food because of Biden given all of our money away and opening the borders for all this time leaving criminals and murderers in
your vote means nothing the ec will put trump in office both house are now controled by the repubs so guesss what alrady won
I said this yesterday, he's gotta go !!!!!!!
I AGREE...IT WOULD be MESS😮
Vote BLUE across the board. Send Mike Johnson back to Bossier City Lousy-Anna!!!
Let cut Military spending, to 100 million dollars. Not trillions of dollars.
On its website, the Social Security Administration wrote: "Lawfully present noncitizens of the United States who meet all eligibility requirements can qualify for Social Security benefits. This rule also applies to noncitizens authorized to work in the United States who got a Social Security number after December 2003."
However, they can get SSI pretty easily for lifetime benefits based on being unemployable, having no English skills, having no marketable skills, having no education, and not being retired.
duncan: You have no clue as to the SSI requirements, do you?
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Frequently Asked Questions
Last Modified: December 30, 2022
FAQ HomeOther TopicsNoncitizensKA-02447
Can noncitizens receive Social Security benefits or Supplemental Security (SSI)?
(En español)
Views: 54310
Lawfully present noncitizens of the United States who meet all eligibility requirements can qualify for Social Security benefits. This rule also applies to noncitizens authorized to work in the United States who got a Social Security number after December 2003. For more information visit our Immigration page.
Noncitizens of the United States must meet certain requirements to continue receiving benefits outside of the United States. We stop payments to noncitizens who do not meet these requirements after they are outside the United States for 6 calendar months in a row. If we stopped your payments, we will not start them again until you return to the United States and remain for a full calendar month. For more information visit our International Programs page.
Some noncitizens may qualify for SSI. However, the SSI eligibility requirements are different from those for Social Security benefits.
For information on SSI go visit our Supplemental Security Income (SSI) For Noncitizens or Spotlight On SSI Benefits For Aliens pages.
I do not understand how people coming here from other countries, be it Mexico, Central America, South America, ukraine, and other countries that have never paid a cent in, can collect SSI Benefits.
Can't!!! Unless they become a US citizen and develop a work history!
@@user-hx6qi9us1eWell, people here on UA-cam, that Ukranians were able to get Social Security from us, and have never paid in.
I DIDNT WORK ALL MY LIFE AND THE EXTRA JOBS JUST TO GIVE IT TO SOMWEONE WHO DID NOTHING TO PREPARE FOR THERE RETIREMENT .....THEY WILL HAVE A BIG FIGHT ON THERE HANDS IF THEY TRY TO DO THIS TO PEOPLE ...WHILE I WAS WORKING MY TAXS WENT TO SUPPORT THE WELFARE SSI .....I SHOULDNT HAVE TO SUPPORT THOSE WHO DID NOTHING TO PREPARE FOR THERE RETIREMENT. DURING MY RETIREMENT YEARS AS WELL..
unfourtely peeps did not make enough money to invest and ssi only pays 900 permonth provided that there is no adjustment you can't live on 900 permnth unless you are single in viet nam cambodia or mexico and still you have to be tight with the money the problem with america everyoen wants to live the fantasy life style well only 1 precent will be able too america was founded by the rich and made for the rich only i hate this country in part the rich treat us poor folk like disposal pheasents so screw america and every one in it i did 20 years of honorable sevice in the navy not once i got a decent paying job i had not 1 oputunity whats so ever no one wants to give me a job or hire me and ill do anything to include clean shitters provided it will put food on the tabe and a roof over the head and that is the truth so to hell with this country and everyone in it
The speaker of the house needs to stop eating them explains bagels on our tax dime everyday and they will save some money.
So ?
BIDEN 2024
Trump 2025 💯🇺🇲
Project 2025 is A Road Map To
Hell !!! 💙💯🇺🇲🙏🏽 The Rich Will
Get Richer 🤑💰
Of course the people that waited till they’re 70 to get the most is going to have the biggest cuts
Something Good is about to happen for Us in Jesus Christ Name Amen. $$$$$$_
Amen Yes Lord!!🙌
Amen
They paid that money in. Not thete fault the poor did not make more money
they will cut va benifits
And Medicare too
So replace people who are doing the job with people who are loyal to Trump? What happened to meritocracy?
Mike needs to go bye bye he hasnt helped us at all !!!!!!!!!!!!!!!!!!!!!!!
Hudson Institute supports 2025.
Republicans priority is keeping the tax cuts for the rich,
Pe0ple. 0n. S0cial. Security. SSi. SSid. Veterans. D0nt. Meed. Cuts
It’s not going to happen!
The government does not release info on SS to the media so what you say is your opinion,not fact
I don’t understand your remark. The Social Security Administration (a government agency) has a website that EVERYONE with a SS# can access information on Social Security, both general info about the program, and specific to themselves. Individuals can also request weekly informational bulletins emailed to them with information/news regarding SS.
He is talking about the Project 2025 drafted by MAGAZINE WHICH IN THE AGENDA they have if they are elected!
Please be quiet with your ignorance...
im not sure thats a good idea. this project 2025 if we did it the right way we would keep them for the experence they have and put them in helping people . who need information fast and appointments. answer questions they may have . its what i would do. not one would get fired . but removed from decision making on there own .
Do anybody want to accept jesus christ as your savior he want to give u love and peace and happiness and joy salvation and eternal life of u confess your sins
Amen in Jesus Christ name ❤❤🎉🎉😂😂
Lies lies
Who believes this Crap,
That sounds pretty scary. Yet, i'm still voing forTrump because at least he cares about americans.
Trump cares about Trump. If you think he cares about anyone else, you haven't been paying attention.
@@howardfriedman7077Unfortunately the Biden administration is doing this country more harm than good. I’m 70 years old and collect Social security. I and everyone else would like to see an enhancement to the program. But at what cost? Biden promised us over four years ago he would improve Social security. He hasn’t done an effing thing either. We should also realize we have suffered the worst inflation in forty years under his administration. I don’t mean to be negative, but the facts speak for themselves. I think we’re screwed no matter who is president when it comes to anything positive for Social Security. I hope some politicians prove me wrong one day soon.
Trump opened up the Flood Gates of Money during Bovid which allowed people to steal money including Himself and his Family... which caused our markets to go down the drain 🔥
no he dosent or any president for that matter sincie i became elgible to vote I never had your vote is meaniless and a waste of time period
Lol Trump will vote biden
Biden.not.getting.back.in.trump.is