Congress torn over depleted disability fund

[KamaAina]

http://thehill.com/policy/finance/230593-congress-torn-over-depleted-disability-fund

A Social Security fund that provides benefits to nearly nine million disabled people is projected to run out by the end of 2016, and a new House rule could cause headaches for majority Republicans during the upcoming push to shore it up.

The rule, which the House passed earlier this month, puts up a procedural roadblock against legislation that would redistribute the payroll tax to replenish the Social Security Disability Insurance Trust Fund.

To fund Social Security, employees and employers each pay 6.2 percent each month. The main retirement fund, Old-Age and Survivors Insurance (OASI), receives 5.3 percent and the disability fund gets 0.9 percent of the tax.

Republicans oppose reallocating the payroll tax to keep the disability program solvent because it would hurt the retirement fund, but Democrats assert it’s been done nearly a dozen times before.

Of course they do.

[JDPriestly]

1. Raise the minimum wage. Raise the cap on Social Security (payroll) taxes.

Stop these trade agreements that lower American wages and encourage the export of good middle-class jobs.

[OffWithTheirHeads]

2. I gotta say this. This myth that the employer pays for anything is bullkaka.

If your labor is not generating sufficient $$$ to pay for ALL of the expenses you cost the employer PLUS a profit, You soon find yourself unemployed.

[Autumn]

3. I'm sure they are torn

[Newest Reality]

4. More like

ripped?

[Autumn]

5. Not ripped. If they were ripped they wouldn't be so fucking evil, they would be a lot more mellow.