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The Social Security debate in the United States encompasses benefits, funding, and other issues. Social Security is a social insurance program officially called "Old-age, Survivors, and Disability Insurance" (OASDI), in reference to its three components. It is primarily funded through a dedicated payroll tax. During 2015, total benefits of $897 ...
3 Breaking the Article in Two orignally located under Talk:Social Security (United States)
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This idea was later popularized by Francis Townsend in 1933, and the influence of the "Townsend Plan" movement on debate over social security persisted into the 1950s. [5] [6] Early debates on Social Security's design centered on how the program's benefits should be funded. Some believed that benefits to individuals should be funded by ...
Program tax revenues historically have exceeded payouts, resulting in program surpluses and the building of trust fund balances. The trust funds earn interest. Both Social Security and Medicare each have two component trust funds. As of FY2008, Social Security had a combined $2.4 trillion trust fund balance and Medicare's was $380 billion.
A week after the first debate was held in Las Vegas, the organization Black Lives Matter (which plays a central part in the movement of the same name) launched a petition targeted at the DNC and chairwoman Debbie Wasserman Schultz demanding more debates, and "specifically for a #BlackLivesMatter themed Presidential debate."
For example, a full monthly benefit amount (100 percent of PIA) is paid to disabled workers regardless of the age at which benefits start. At the full retirement age, the Social Security Administration reclassifies disabled workers as retired workers but the individual's monthly benefit amount is not affected.
Other topics discussed during the first hour were abortion, Social Security, gender-pay equality and the national debt. While there was some disagreement over abortion, Social Security, and gender-pay equality, all of the candidates on the stage agreed on the need to balance the federal budget in order to reduce the national debt.