Today on CNN Newsroom

The latest news and information from around the world. Also connect with CNN through social media. We want to hear from you.
July 20th, 2010
01:17 PM ET

Waiting for Social Security

From CNN Associate Producer Jennifer Hauser


Filed under: CNN Newsroom
soundoff (10 Responses)
  1. MR.AL

    Lawmakers want to raise the age of SSI retirement to 70? I hope if they change the age for Americans, they include themselves, In 2010 ssi recipiants no raise, Lawmakers give themselves a raise after telling recipiants of SSI there is no money, both draw off of the general fund!!! Lawmakers always think they know whats best for Americans? They havent made a right move yet and they seem to pick on the retired, disabled and the poor when they want a cut. They never seem to include Themselves or the Wealthy and Corperate America!!!

    July 20, 2010 at 2:24 pm |
  2. Smith in Oregon

    During the utterly corrupt and depraved Republican administration of Bush-Cheney, Bush jr. robbed the enormous Social Security coffer and replaced nearly 1 Trillion dollars with IOU's to create the gigantic new Shadow Government branch under the guise of 'Dept. of Homeland Security, DHS). Thanks to the Washington Post investigators some of the scope of that Shadow Government has been revealed, 1,300 new agency offices, 800,000 managers with top secret or higher clearance, at least 2.4 Million employees and well over 1,000 sub-contractors with top secret clearance carrying out assignments and programs without governmental oversight, interference and very questionable legality.

    Some of the readers might remember how much Bush jr. attempted to place Social Security into private Wall Street Investment firms several months prior to Wall Street tanking which would have nearly entirely destroyed Social Security along with any evidence that Bush-Cheney had funded the creation of that gigantic Shadow Government by stealing them from the Social Security coffers.

    July 20, 2010 at 11:45 pm |
  3. Michael Armstrong Sr.

    Railroading the old and tired the purpose of social security was to make way for younger and more active people it was started by the railroad to get a handle on accidents caused from slower moving people maybe we should leave things as they are and work harder to fix the present system .

    July 21, 2010 at 7:03 am |
  4. Ralph

    Social Security is an insurance everyone pays into for when they retire. It is seperate from taxes. You can't have people pay in all their lives and then change the rules at the last minute.The gov. needs to pay back all the money they stole from the fund. I will vote against ANYONE who tries to reduce my benefits!

    July 21, 2010 at 8:30 am |
  5. Ralph

    Mr. Al, You are right on the money. The stock market is down. the banks offer no interest on savings and now they want to take away from those who can least afford it. However, there seems to be plenty of money to bail out corperations or to send to the middle east. If they keep this up, they will have a revolution on their hands.

    July 21, 2010 at 8:35 am |
  6. June Clendening

    Yes, raise the age for full Social Security benefits to 68, not 70 yet. Then, see how that goes with saving the funding.

    July 21, 2010 at 8:54 am |
  7. Ralph

    June, Unless they stop robbing the fund, it will never be solvent.

    July 21, 2010 at 9:21 am |
  8. Mary A.

    When I retired from City Government and became 65 I bellieved I would receive Social Security benefits. I do receive partial, but because of the Government Offset Pension Rule of 1983, I receive only $127.00 a month. Every two years So. Security Dept. says they overpaid me and they want almost five months paid back. With this rule if a spouse dies, and has paid into So. Security for many years, the surviving spouse receives nothing. Women often make much less then men in the work force, so their pensions are often smaller and this then becomes a hardship for women to keep up payments on their homes and provided for their families. Even if you paid in your forty quarters to social security, you are still penalized. Why haven't they repealed this unfair bill? Sometimes I think that they are waiting for all of us old retireries to just die off so they won't have to correct this injustice. Does anyone care?

    July 21, 2010 at 6:07 pm |
  9. scott

    before cutting into SS, let our government cut their wage and benefits.Their the ones that have stolen our money and used it for other things. It was for retirement not wars and pork belly items.Why should hard working people suffer working longer years when they have paid into this fund for 40+ years. Life is to short not to enjoy your last couple of years, relaxing and maybe seeing the our wonderful country.

    July 22, 2010 at 1:46 pm |
  10. TonyInLargo

    We should raise it to 70 and lower the monthly benefits. It's the correct financial step to take. If we do it, I will be affected, but it's not about me, it's about all of us and the entire system.

    July 24, 2010 at 9:08 pm |