Trump cant allow anyone in the Epstein files to be charged because his name would come up in their trial.
The ENTIRE Republican party is protecting Trump & the Epstein Elite.
Social Security does not add to the national debt. It is even prohibited by law from borrowing money.
Politicians who talk about cutting or changing Social Security to address the debt are lying to you.
Here is how Social Security funding works:
Social Security is funded by payroll taxes. When more money comes in from payroll taxes than benefits that need to be paid out, Social Security is obligated to invest the surplus in Treasuries.
Treasuries are bonds. Governments and corporations issue bonds to generate money. A bond is a loan from the purchaser to the issuer.
A bond has a principal, a maturity date, and an interest rate. The principal is the value of the bond. When you buy a bond, you pay the principal. When the bond reaches its maturity date, the issuer is required to pay the principal back to the holder. The interest rate is the amount the issuer pays to the bondholder.
It is similar to how, when you take out a 30-year mortgage, you agree to a repayment schedule and to pay interest until the loan is repaid.
As Treasuries mature, if Social Security doesn't need that extra money, it rolls them over by buying new Treasuries.
When Social Security needs more money to cover benefits, it cashes out Treasuries.
The federal government has had a deficit for the past 25 years. This means that when it has to meet its obligations, it needs to borrow money.
This is how people claim that Social Security adds to the debt. That is ridiculous.
Companies and countries buy US Treasuries. You and I can buy them. Anyone holding a Treasury when it matures isn't increasing the debt. The government’s unbalanced budget is causing the debt.
Cutting Social Security will do nothing to get the US out of debt, but it would create hardship for millions of Americans.
Social Security currently has a shortfall, primarily because people are living longer and the large Boomer generation is retiring. In 1960, there were 5.1 people paying into Social Security. Today, there are only 2.7. The trust fund from past surpluses is keeping it afloat, but it is running out.
The easiest way to address the shortfall is to remove the tax cap on Social Security. Benefits do not have to be increased to do this. This is exactly what was done for Medicare in 1993. The tax cap was removed, and benefits weren't increased to better fund the program.
I’ve been thinking a lot about the extraordinary outbursts of the President of the United States against female journalists... well, actually against journalists in general and journalism. But it feels like he saves his most childlike behavior and irrational language for female reporters, calling them all kinds of names that kids in kindergarten are given times out for. It’s stunning to me to witness such behavior from any leader, any CEO, any person of influence or importance. I’ve never witnessed someone like this raging, this weekend with @meetthepress host @kwelkernbc, just last week in the Oval Office with @cnn’s @kaitlancollins, calling women stupid or piggy, telling them to “smile”, calling them darling, demeaning their credibility. Every good man should denounce this behavior. Every person should be able to stand up for their colleagues and say “No more.”
Imagine this man screaming like this at your daughter, your wife, your sister, your mother... would you stand for it? No, you wouldn’t! And neither should any of us. It’s unacceptable and undignified. Period. End of story.
Donald has forced his way into Game 3 of the NBA finals at Madison Square Garden, and nobody wanted him here.
But he can't steal our joy. The Knicks are still going to win.
And New York City hates the selfish prick more than ever.
Whoopi Goldberg: “Trump’s never provided any credible evidence of election fraud. Everybody’s upset because Spencer Pratt didn’t do what they all thought he was gonna do. Why is it every time they lose it’s election fraud?”
Hasan Piker: “If the Knicks lose tonight it’s literally because of Donald Trump. There’s no other reason for this to take place. New York as a city is so goddamn up right now. Donald Trump’s coming in to fucking deliver the worst kind of juju”
President Obama on Iran: “We pulled it off without firing a missile. We got 97% of their enriched uranium out. There’s no dispute that it worked and we didn’t have to kill a whole bunch of people or shut down the Strait of Hormuz”