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Subject
Obama's new social security cuts: removes essentially 3 months pay out of a year.
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In accordance with industry accepted best practices we ask that users limit their copy / paste of copyrighted material to the relevant portions of the article you wish to discuss and no more than 50% of the source material, provide a link back to the original article and provide your original comments / criticism in your post with the article.
[quote:Anonymous Coward 27972246:MV8yMDkyNDYxXzM1MjI5NzU4XzE3RDczNkEx] [quote:Anonymous Coward 21000351:MV8yMDkyNDYxXzM1MjI4MTMzXzZBNkU1Mzc4] [quote:OutdoorsMan:MV8yMDkyNDYxXzM1MjI1NDA0XzJCODY4RjJF] cut the food stamps first, social security is our money. [/quote] Fuck you. They already cut food stamps. My bills went up and I got $20 a month cut from my measly $120 a month in food stamps. I needed that food. You have any idea how hard it is to eat for $100 a month? I have a wife too. Try to feed 2 people on $100 a month. Just fucking try it. Dickhead. [/quote] My case, $698/month SSI, and then a huge whooping $30/month food-stamps. A single person, paying $400/month for rent and utility in a rented Room. After rent I have $298/month, I have no car. $298/30 days = $9.93/day. Of that $298, I spend an addition $120/month on food (not fast food either, like McDonalds, or Pizza Hut). This leaves me $170/month to do other things, like do laundry, buy clothes and shoes, aspirin, etc.. or $170/30 days = $5.10 per day. Oh, and I worked 30 years full time at above minimum wage. I am not 65 yet, so not able to get regular social security, so this is all I can get. I assume you have some form of income besides just your food stamps. Oh, and yea, they are cutting my food stamps starting Jan to even less. [/quote]
Original Message
According to the AARP, "A typical 80-year-old woman will lose the equivalent of three months worth of food annually" under this plan.
This is a bad deal for current retirees. And it'll hit future retirees even harder, because the proposal cuts Social Security more and more with each passing year. After 10 years, benefits would be cut by about $500 a year for the average retiree. After 20 years, benefits would be cut by about $1,000 a year. And beyond that, it just gets worse.
[
link to www.aarp.org
]
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