Page 13 - Social Security Program News Today : Breaking News, Live Updates & Top Stories | Vimarsana

This because it's fairly familiar talk. whether it has any logic to it or not, there is something of a ratchet effect. people have been paying into the social security program. or medicare, same deal. who is 70 years old today who will say i don't want medicare? i only paid into it for the last 50 years. there's an argument these programs become popular. where are the republicans wrong in that they're saying now and cuccinelli's version of the truth? >> well, first of all, people, as you just said, pay into those programs. they pay in all their working lives. secondly, the idea of a social saf...

Shouldn't be there. i think to ken cuccinelli's point, and to what job just said, i think the reality is he's going to have to square that with the people in the state as he runs for virginia, number one. number two, i don't think that's -- that sentiment or that idea is reflective of the party as a whole. but there is a legitimate point to be made about i think underneath that argument is how these programs function. i have been paying into the system since i was 14 years old and got my first job. i don't expect to reap the benefit of all the dollars that i have put into the system -- >> whic...

Social security program but they will take our taxpayers and invest if failed companies like solyndra or at their whim into a company that is galing like general motors. there was an insinuation if we let general motors go bankrupt and they shut down all the factories and all the wheels would stop turning, but it doesn't happen in the ail industry. the airlines are still operating. american airlines right here where i am add, they are still operating. it is a natural process this is what happens in capitalism. you with, stronger because of it. maybe we should have bailed out amtrak. >> for has...

That the payroll tax pace for social security. you're running large-debt deficits and there's knotting in these securities, there's no tax that pays for any particular program. the politics of the payroll tax is it helps to sustain the fiction that social security is like an insurance program or retirement program rather than what it is which is regular old welfare program but a welfare program for the middle class. >> fdr's idea was if you see if money coming from your paycheck you'll invest it -- >> with that tax in there nobody can mess with my damn social security program. >> right. >> but...

Dispousing during the campaign. here was scared mitt romney again in florida trying to correct for insulting 47 of the american population and saying they are losers because they get government assistance. this was talking about his father's use of government assistance. >> my dad was born in mexico of american parents living there at age five or six there was revolution and they came back to the united states. my dad has to get help. by the way, that is the way america works. >> and joy, there was no welfare program at the time. there was no social security program at the time. there was actu...