this post was submitted on 18 Dec 2024
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Summary

At the first meeting of the DOGE Caucus, a new congressional group focused on government efficiency, Republican Rep. Greg Lopez stated that cuts to Social Security and Medicare are likely “on the table” as part of debt reduction efforts.

The caucus, led by Elon Musk and Vivek Ramaswamy, aims to slash government spending, raising concerns among advocacy groups about potential attacks on anti-poverty programs.

Critics, including Social Security Works, warn the caucus may push for privatization and benefit reductions.

This comes despite Trump’s prior commitment to protect these programs.

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[–] ouRKaoS@lemmy.today 24 points 1 week ago (1 children)

If DOGE doesn't touch US Military spending (they won't), it's more bullshit than the TSA

[–] NotMyOldRedditName@lemmy.world 10 points 6 days ago* (last edited 6 days ago)

What's going to happen is DOGE will cut $5 trillion from the programs, and then there will be a $4 trillion in tax cuts that impact only the rich in someway or another, and an additional $1 trilion for the military.

0 money is actually going to be saved from this. Realistically it'll be negative and cost money, not even 0.

[–] GoofSchmoofer@lemmy.world 6 points 6 days ago

Yet if there is any discussion on increasing taxes on these fucks all of a sudden it's government overreach on the "job creators"

[–] RizzRustbolt@lemmy.world 4 points 6 days ago

This is what happens when you've never ridden on the subway.

[–] CitricBase@lemmy.world 233 points 1 week ago (17 children)

Friendly reminder that Social Security is a separate government program that funds itself.

What Musk is talking about is stealing from Social Security in order to cut taxes elsewhere (namely cutting taxes for people like Musk).

[–] n2burns@lemmy.ca 53 points 1 week ago (2 children)

That's not completely true. Social Security is supposed to fund itself, however it's currently facing a funding shortfall with current estimates that it will be depleted in 2035. There are many suggestions on how make this program solvent, including bolstering it with general funds.

[–] CitricBase@lemmy.world 119 points 1 week ago (1 children)

I think a good start would be to stop allowing Republicans to raid Social Security for quick cash, like they've been constantly doing since the Reagan administration.

[–] teamevil@lemmy.world 55 points 1 week ago

But then how could they argue it's insolvent‽

[–] Dkarma@lemmy.world 45 points 1 week ago

That's not completely true. Long ago they put it into the general fund. There is always a shortfall in the general fund. Before they put it in there it was solvent, and if they wouldn't have it would be completely solvent today.

It was already stolen. They want the rest.

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[–] empireOfLove2@lemmy.dbzer0.com 121 points 1 week ago (2 children)

Wow! Who woulda guessed they would immediately reneg on a campaign "promise" and immediately attack the side of the population that most reliably votes for them?

[–] ohellidk@sh.itjust.works 57 points 1 week ago (1 children)
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[–] phoneymouse@lemmy.world 79 points 1 week ago* (last edited 1 week ago) (3 children)

Remember, we fucking paid for social security. It’s not government pork. It’s ours.

[–] Wogi@lemmy.world 22 points 1 week ago* (last edited 1 week ago) (3 children)

Don't worry, you'll continue to pay for it. You'll probably even pay more.

The cuts are just for the people receiving it. They'll lose money. Which means you'll lose even more in the future.

A majority of young people agree on what the right course of action is here. Remember to leave your phone at home. Don't talk to the police.

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[–] HootinNHollerin@lemmy.dbzer0.com 74 points 1 week ago* (last edited 1 week ago) (3 children)

‘Member when Dark Brandon called republicans out on this in his state of the union address, and they all booed and denied it?

Pepperidge Farm ‘members

[–] capital@lemmy.world 2 points 5 days ago* (last edited 5 days ago)

But Kamala just wasn’t inspiring enough. So…

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[–] tacosanonymous@lemm.ee 64 points 1 week ago (1 children)

"But they won't take away MY social security…"

[–] dohpaz42@lemmy.world 25 points 1 week ago (3 children)

For most boomers, this is true. It’s genx and younger that will suffer.

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[–] TipRing@lemmy.world 60 points 1 week ago (4 children)

Yes, they want to roll back the entire New Deal and have corporate serfdom again. They have been saying it for years and now they have their chance.

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[–] mhague@lemmy.world 58 points 1 week ago (2 children)

A huge, mouth watering steak walks up to you and says, "There's no more food."

[–] rarbg@lemmy.zip 16 points 1 week ago

That’s rich.

^ill^ ^see^ ^myself^ ^out^

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[–] sumguyonline@lemmy.world 53 points 1 week ago (6 children)

It's funny at this point. Either the rich pay their share or we Mangione them. Tick tock musky. Tik fuckin tok.

[–] jaschen@lemm.ee 41 points 1 week ago (2 children)

Sure sure. I'm game for moving social security, but now how about you give back all the fucking money I put in it WITH interest since ya know.... Inflation.

[–] capital@lemmy.world 1 points 5 days ago

We’re paying for current retirees. That’s one reason why governments are so concerned with dropping birth rates.

If Trump pulls this shit, and those taxes get nixed, I get to put an extra 6.2% into my retirement accounts and likely make more than I would with SS.

I’d rather keep things how they are and not have assholes using that money for anything else though.

[–] Crikeste@lemm.ee 2 points 6 days ago

This country isn’t for you, homie. It’s for the rich.

The rich will get your money and your interest, and you’ll get nothing. Americans like it that way.

[–] adarza@lemmy.ca 41 points 1 week ago* (last edited 1 week ago) (5 children)

doesn't need to be, of course. they just want to cut social security because 'the poors' rely on it more.

debt reduction efforts

deep-six every loophole used mostly or only by the wealthy to avoid paying their share of taxes.

increase funding for irs, streamline enforcement actions, give them the resources needed to go after the big fish.

eliminate the cap on social security contributions, lower the ceiling on benefits for the very wealthy retirees, while raising the minimum benefit.

single payer tax funded health care, paid by higher taxes on the wealthy.

raise the capital gains rates. raise the estate tax, lower the assets value needed to trigger it.

raise the marginal rates for high income earners (by a lot. i want reagan screaming from beyond)

budget problem fixed. well over $2 trillion a year pumped into the economy by people who are now no longer padding insurance companies' bottom lines with it. but we aren't done yet....

$12/hr min wage (wait wut?!?!?! wait for it....)

$24,000 universal tax credit for everyone. the higher taxes up^there on high income earners would negate this for them, and they fund it for the others that do receive it.

this is a compromise between the $15 (or higher) crowd and small businesses. a little lower fed min wage than what's being pushed, but then essentially doubled based on full time work via the tax credit all receive.

[–] floofloof@lemmy.ca 22 points 1 week ago* (last edited 1 week ago)

The wealthy, who have had help all their life but imagine they did it all on their own, see needing help when you're poor as a disgusting moral failing. Many of them will also call themselves Christians.

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[–] yarr@feddit.nl 31 points 1 week ago (3 children)

WHUT? I thought Trump was just going to kick out all the illegals and fuck over China! No one told me there would be DOMESTIC consequences!! Why didn't anyone warn me? At all his rallies he said the next 4 years would be awesome. Now I'm starting to think I was misled!

[–] GuitarSon2024@lemmy.world 3 points 6 days ago

Them leopards be eatin some faces

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[–] Geobloke@lemm.ee 29 points 1 week ago (2 children)

It's funny, I listened to Steve Bannon's war room the other day and he was demanding that they not touch social security and go after the elites and the NGOs instead. Can't imagine this will play well with the voters that swung towards the republicans

[–] A_Random_Idiot@lemmy.world 27 points 1 week ago

oh i'm sure the voters will do the same thing they always do.

Rabidly support it until its too late, then go full "I didnt think he was going to hurt MY social security! Its not me hes supposed to be hurting! Its the poors! and the minorities! Why is he hurting me?! I'm a loyal supporter!"

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[–] Zeppo@sh.itjust.works 28 points 1 week ago

Lovely how this incredibly wealthy person is laser focused on making things worse for poor people. I suppose it's the usual ploy of making people as desperate as possible so people like him can prey on us more easily.

[–] Clinicallydepressedpoochie@lemmy.world 26 points 1 week ago* (last edited 1 week ago)

Don't worry, the cuts will drain social security just in time for when you go to collect. Current recipients will go un affected. I have no insider knowledge, I just understand that corporate America hates my generation.

[–] bizzle@lemmy.world 25 points 1 week ago (3 children)

All you guys who didn't vote for whatever reason... I hope you're happy.

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[–] MyOpinion@lemm.ee 19 points 1 week ago (2 children)

So so shocked. But but they said that they would never go after social security.

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[–] eran_morad@lemmy.world 19 points 1 week ago (5 children)

Bring it, bitches. It's high time we face the consequences of our collective stupidity.

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[–] Skullgrid@lemmy.world 18 points 1 week ago* (last edited 1 week ago)

EDIT:

cuts to Social Security and Medicare are likely “on the table” as part of debt reduction efforts.

Medicare for all? More like Medicare for none.

[–] Ghostalmedia@lemmy.world 17 points 1 week ago (4 children)

This is going to go down like a lead ballon, even with the 60+ year old MAGAs.

[–] floofloof@lemmy.ca 31 points 1 week ago* (last edited 1 week ago)

They will blame immigrants, single mothers, non-whites and LGBTQ+ people, and ignore the facts.

[–] WaxiestSteam69@lemmy.world 19 points 1 week ago (3 children)

I hate to tell you but it won't. My in-laws fall into that category and I constantly watch them twist themselves into knots trying to justify this stuff. They would also rather do without insurance than watch someone "undeserving" get it for "free".

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