OFFICIALS LEGISLATION INTEREST GROUPS PUBLIC STATEMENTS COMMITTEES VETOES

Social Security and Medicare

Issues: Senior Citizens Entitlements and the Safety Net Health Insurance


Social Security and Medicare

I propose to solve the long term Social Security and Medicare funding shortfall by raising the wage cap for contributions from $94,000 to $200,000. This will provide an additional $115 Billion per year.

Additionally, I propose that pension benefits be phased out for recipients who have more than $100,000 in other income in a given year. Benefits would be proportionately reduced as other income goes to $200,000. For example, if other income is $150,000, 50 % of benefits would be received ($175,000 - 25%, $200,000 -0%).

Social Security and Medicare Funds must be kept separate from general funds to insure that they will be there when needed.

http://connerforus.com/social_security.htm

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