Experts issue warning as Social Security’s ‘day of reckoning’ inches closer



Barron’s senior writer Al Root, reporter Carleton English, and deputy editor Ben Levisohn discuss social security and the potential for revenue to be boosted by increasing taxes on earners above $400K. #foxbusiness

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38 comments

  1. Its OK for the IRS to make nterest but Our Money in SS cant make Intrest and grow for US

  2. Its OK IRS to charge you Interest , but SS cant mae

  3. How about paying back what the Government has stolen//borrowed from the S.S.. They've taken from S.S. 3 times and I'm not aware it's ever been paid back.

  4. First , no more FREE anythng for all in WASHINGTON , Startig with no more Free health care,

  5. So why do we all pay into social security if we won't see it ?

  6. WOW!!!!!!! THE DEBT CEILING AGREEMENT DOES NOT INCLUDE US ENERGY DEREGULATION THAT SET BY THE 1ST DAY OF BIDEN REGIME MEANS ——- > THERE WILL BE NO MORE US ENERGY INDUSTRY TO GO FURHTER FROM HERE MEANS THAT IS ANOTHER BIGGEST HURDLE AGAINST THE APPROVAL OF THE DEBT CEILING AGREEMENT EVEN IN THE GOP!!!!!!!!!!!!!!!!:) KEVIN MCCARTHY IS SOOOOOOOOOOOOOOOOOO DEMS PERSON!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! THE GOP WILL LOSE 2024YR PRESIDENTIAL ELECTION!!!!!!!!!!!!!!!!!:) BIDEN WINS!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

  7. Get rid of Democrats and all our troubles will go away

  8. Just give me back all I paid in over my career and I will take care of myself.

  9. Social Security needs to be capped at 15% of population, not a specific age. So older people have to exit the program before younger ones can enter

  10. Hmm when are you ever going to say that you’re running out of money to give away to other countries and pay pensions of places like Ukraine, Oh wait a minute you can’t do that because then you couldn’t siphon the money up under the table, But you can my last our wallet for more taxes

  11. American writer Gore Vidal:

    "We have one party that has two wings, one is called democratic, the other is Republican. Each of them is financed by the same oil companies, the same defense industry, and the policies are interchangeable.

    The USA is a country where presidents are appointed under the fog of "democracy". Everything that is visible on the surface is a well-directed show.

    Washington has long been the capital of the metropolis, which considered the whole world its colonies.

    It was impossible not to cut off the tentacles stretching from the USA, to change the existing world order. It seemed that such a situation would last forever, but Russia challenged and overthrew the "hegemon" from its pedestal.

    Those who do not understand this will forever remain in the matrix of delusions, will get stuck in the illusion of American omnipotence and will have no place in the new world based on a just commonwealth…"

     

     

    Supporting the fascist terrorist regime in Ukraine is an international crime. Ukraine has bombed peaceful neighborhoods of cities and villages for nine years, killed civilians, struck nuclear power plants, and the UN has not taken any measures, moreover, the American and Western governments are supplying increasingly destructive weapons to the Zelensky terrorist regime.

     

     

    The American authorities continue to supply their weapons to terrorist organizations that commit criminal acts on the territories of other states. F On May 22, at the American HMMWV, a detachment of Ukrainian terrorists crossed the border of Russia, shot peaceful houses, killed an unarmed man and wounded a woman.

     

     

    The Armed Forces of Ukraine made an unsuccessful attempt to attack the ship "Ivan Khurs" of the Black Sea Fleet with three unmanned high-speed boats. All enemy boats were destroyed by fire from the standard armament of the Russian ship 140 kilometers northeast of the Bosphorus Strait.

    Ukraine's losses per day:

    375 servicemen;

    1 tank;

    6 armored combat vehicles;

    2 armored personnel carriers;

    9 cars;

    1 D-20 howitzer;

    2 D-30 howitzers;

    1 self-propelled artillery installation "Gvozdika";

    1 Msta-B howitzers;

    The actions of two Ukrainian sabotage and reconnaissance groups were suppressed.

    3 ammunition depots of the 54th Mechanized Brigade of the Armed Forces of Ukraine, the 10th Mountain Assault Brigade of the Armed Forces of Ukraine and the 112th Territorial Defense Brigade were destroyed.

    The command and observation post of the unit of the 110th Mechanized Brigade of the Armed Forces of Ukraine was hit.

    A MiG-29 fighter jet of the Ukrainian Air Force was shot down.

    16 HIMARS multiple rocket launchers were intercepted.

    20 Ukrainian unmanned aerial vehicles were destroyed.

    All NATO weapons will be destroyed.

     

     

    The air defense of the "Golden Billion" is bare, Lockheed and Raytheon shares are falling

  12. This is Money that the Government had no right to touch. Is people's money it when to a account where it continually was growing ad it's but some corrupted politicians stole it. Now they act like the money is fading.

  13. Yeah Biden give away money to UKULELE

  14. Bull crap .lower congress pay!

  15. You don’t have as many pensions as before because the democrats put every one they could on welfare !

  16. The politicians retirement pay is 1 yrs pay everyyear for the rest of their lives What makes politicians special cut their benefits after all they are all millionaires they don't need it

  17. But they have money for illegals .

  18. Experts issue warning as Social Security’s ‘day of reckoning’ inches closer < ———– TO MAINTAIN THE SOCIAL WELFARE SOCIAL SAFETY WEB SOCIAL SECURITY WHATEVER IT IS CALLED, US GOVERNMENT HAS TO ISSUE MORE AND MORE AND MORE AND MORE DEBT (= T – BONDS) IN COMING MONTHS AND YEARS!!!!!!!!!!!!!!!!!!!!!!!!!!!!:) < ——– HOWEVER WHO ARE BUYING US DEBT? THE ANSWER IS NOBODY OUT OF USA BUT US FINANCIAL INSTITUTIONS MEANS ——– > MORE AND MORE AND MORE AND MORE INFLATION HURRICANING THE ECONOMY!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!:)

  19. Experts issue warning as Social Security’s ‘day of reckoning’ inches closer < ———– TO MAINTAIN THE SOCIAL WELFARE SOCIAL SAFETY WEB SOCIAL SECURITY WHATEVER IT IS CALLED, US GOVERNMENT HAS TO ISSUE MORE AND MORE AND MORE AND MORE DEBT (= T – BONDS) IN COMING MONTHS AND YEARS!!!!!!!!!!!!!!!!!!!!!!!!!!!!:) < ——– HOWEVER WHO ARE BUYING US DEBT? THE ANSWER IS NOBODY OUT OF USA BUT US FINANCIAL INSTITUTIONS MEANS ——– > MORE AND MORE AND MORE AND MORE INFLATION HURRICANING THE ECONOMY!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!:)

  20. Experts issue warning as Social Security’s ‘day of reckoning’ inches closer < ———– TO MAINTAIN THE SOCIAL WELFARE SOCIAL SAFETY WEB SOCIAL SECURITY WHATEVER IT IS CALLED, US GOVERNMENT HAS TO ISSUE MORE AND MORE AND MORE AND MORE DEBT (= T – BONDS) IN COMING MONTHS AND YEARS!!!!!!!!!!!!!!!!!!!!!!!!!!!!:) < ——– HOWEVER WHO ARE BUYING US DEBT? THE ANSWER IS NOBODY OUT OF USA BUT US FINANCIAL INSTITUTIONS MEANS ——– > MORE AND MORE AND MORE AND MORE INFLATION HURRICANING THE ECONOMY!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!:)

  21. Why don't they pay back the 2.5 trillion they stole from us first

  22. As if there were no consequences to Social Security after the repeal of Glass-Steagall…can anyone remember ONE DAY since that repeal in 1999 when Social Security was NOT pawed through by "hedge funds"…?

  23. Well, the US government better give back the 22.4 trillion they took from the Social Security Trust Fund. BUNCH OF CROOKS

  24. Bring the jobs back to America, instill a work ethic in the millennial and gen z and it won't take long for SS to have plenty of money.

  25. how about we stop paying for every one and worry about self . get rid of BS system , if you dont work ! and SAVE you dont have SH=t

  26. It's the same crap over and over government screws with American citizens president Trump was the only one that American people would get a good deal with him being leader president Trump would not mess with people's minds like Biden does

  27. All those billons we sent to Ukraine sure would have helped our Social Security quite a bit. Just sayin.

  28. WHERE IS THE MONEY GOING FOR SOCIAL SECURITY!

  29. Biden uses social security to bail out federal pensions unions

  30. This better not happen!!!!!!! OH….but REPARATIONS AND ILLEGAL IMMIGRANTS….HAND OUTS!!!!! Better not happen!!!

  31. Because democrats treats it like their savings account and uses it constantly

  32. Our Social security is not a charity and should not be taken from high earners and given to lower earners! That is not right! Then they can talk about raising the age of retirement to 68 when the average life span is 77 years old! So, we pay into Social Security our entire working life so, we can draw it for nine years before we die? How about fade Social Security out with the new generation and let them manage their own money? Then the government can’t play god and hand it out to people who didn’t work for it or immigrants that didn’t live here! Our woke, broke system can’t manage their own funds so, why are they managing ours and now our medical? Medical costs for insurance has gone way up since the government got involved! The only people making out is the very low income and they think the tax payers should pay more to cover them! I think not!

  33. They should refund everyone's money💯they wanna gamble witb your money!😂

  34. Quit send BILLIONS to Ukraine.

    Cut government spending! Oh wait….cut the cover in half.

  35. Illegal immigrants are likely to receive checks up to $1,000 from Michelle Lujan Grisham (courtesy of the taxpayer) and Joe Biden just announced he will be handing them smartphones as soon as they cross the border, according to the White House press secretary. So screw all the people on Social Security. VOTE REPUBLICAN TO STOP THIS

  36. Another thing I have had two friends that died one late 50s, the other in the 60s. Two people I know that will not receive anything they paid in. So save the BS. THANKS

  37. Rich people say to wait 😂😂😂