Read time: 1 minute

Bernie Sanders: Social Security Is Not Going Broke But Is Under Attack

My favorite member of the Senate, Vermont's Bernie Sanders made an appearance on C-SPAN's Washington Journal and countered some of the talking points we've been hearing out of the likes of Alan Simpson and most of our media for that matter who are
Views:

My favorite member of the Senate, Vermont's Bernie Sanders made an appearance on C-SPAN's Washington Journal and countered some of the talking points we've been hearing out of the likes of Alan Simpson and most of our media for that matter who are out there breathlessly talking about how we need to "reform" Social Security because it's supposedly going broke.

Sen. Sanders recommended an idea to make Social Security solvent for the next seventy five years, which was something our president advocated for when he was still Senator Obama, and that is to leave the payroll tax as it is now for those making under $250,000 a year, but over that amount of income, lift the cap and tax it as the same rate as those making under the current $106,000 cap. I'd be happy to see them do that or just get rid of the cap all together and lower the rate for everyone. Getting our politicians to go along with that is another matter entirely though. They'd rather make all of us work until we're dead or so old no one can enjoy their retirement.

Can you help us out?

For 17 years we have been exposing Washington lies and untangling media deceit, but now Facebook is drowning us in an ocean of right wing lies. Please give a one-time or recurring donation, or buy a year's subscription for an ad-free experience. Thank you.

More C&L Coverage

Discussion

New Commenting System

Our comments are now powered by Insticator. In order to comment you will need to create an Insticator account. The process is quick and simple. Please note that the ability to comment with a C&L site account is no longer available.

We welcome relevant, respectful comments. Any comments that are sexist or in any other way deemed hateful by our staff will be deleted and constitute grounds for a ban from posting on the site. Please refer to our Terms of Service (revised 3/17/2016) for information on our posting policy.

Please Do Not Use the Login Link at the Top of the Site.

In order to comment you must use an Insticator account. To register an account, enter your comment and click the post button. A dialog will then appear allowing you create your account.

We will be retiring our Crooks and Liars user account system in January, 2021.

Thank you.
C&L Team