I'm admittedly being lazy and using online calculators to come up with the 2.4% (3.32T in 2017 and 3.64 projected for 2020 over 4 years) but still not seeing how you get to 3.3%. But I am being consistent when comparing them...
First, a correction to your correction. My math was from 2010 to 2016. I was trying to stay away from the 08-09 mess because it's a bit of an anomaly. And you're getting the 2.52T number from 2008, when Obama wasn't President. If you do go from 2009 the growth rate year over year to 2016 is...
Well that is the tricky part about projections, the assumptions you make to get those projections. So when they say "lower revenues from payroll taxes" it isn't necessarily comparing it to the previous year but rather it's lower than what they projected previously. So yes, tax revenues are up...
Ok. We'll break it down in bite sized chunks
I said, "Trump's tax cut reduced money going into the fund"
Citing a report that says: "lower revenue projections from taxation of Social Security benefits (which provided 8 percent of Part A revenues in 2017) as a result of the tax cut legislation...
And you should note that I never said that it was specifically payroll taxes that were a factor. You were the only one who brought that up. You're fighting a strawman. I said his tax reform reduced their revenue which is EXACTLY what that study says. A reduction of 8% due to how SS benefits...
From the same study, along with increased costs here are some other factors that affected the earlier depletion date:
https://www.kff.org/medicare/issue-brief/the-facts-on-medicare-spending-and-financing/
lower-than-expected revenues from payroll taxes in 2017 due to lowered wages and lower...
Of course the projected insolvency year moved up. Trump's tax cut reduced money going into the fund. So no, it doesn't surprise me that an administration and Congress that has shown the inability to balance a budget and apparently wants the system to collapse on itself has led to a more...
The tribalism is wild. It doesn't make any sense at all but if I know how you feel about climate change I also know how you likely feel about an NFL player taking a knee during the anthem. There is zero connection between those two things... but the correlation is pretty high.
But you're presenting a false choice. Trumpcare wasn't going to get premiums lower. CBO predicted higher premiums
And yes, McCain supported repeal and replace. And while I can't read his mind I imagine he voted against it because repealing and replacing with an even bigger POS isn't worth it
The vote in the House got pushed because they weren't sure they would have enough votes when the Republicans controlled the House and it still BARELY passed. And then 3 Republicans voted against it in the Senate, not just McCain. But Trump has villainized that man to a wild degree so his...
I'm not entirely clear who the Major Program Manager is in this analogy. Obama? If so then I guess the analogous result would be the Major Program Manager retires and leaves you holding the bag on this mess. And a lot of people have really gotten behind a new guy to be his replacement who is...
I find it hard to blame McCain when Republicans put together such a BS plan. And while Trump can't write laws he is the leader of the party that controlled both houses of Congress at the time so he takes a lot of responsibility. I thought that was something conservatives championed...
While I definitely don’t know everything I don’t think I’m uninformed. Certainly more informed that your average Joe on the street.
I agree that the system is bad now and needs to be improved. Ben Shapiro, who’s about as conservative as it gets, has said that going all public or all private...
I was basing it off that link for Medicare for All. I’ve certainly heard him criticize the tax avoidance that many companies like Amazon and Netflix enjoy but I haven’t heard or seen anything from him saying he’d “raise the corporate rate by X%
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