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<blockquote data-quote="vantexan" data-source="post: 4577160" data-attributes="member: 24302"><p>The money is taken out before they receive their paycheck so why wouldn&#039;t they have it to pay next year?&nbsp; Just looking to stimulate the economy and get people back to work.&nbsp; As the posted video showed Nancy and Democrats thought it a fine idea when they did it.&nbsp; Personally I don&#039;t like messing with Social Security&#039;s income stream but if they&#039;re going to do it then as long as it&#039;s temporary ok.&nbsp; Not ok long term.&nbsp; The virus is already impacting SS&#039;s solvency.&nbsp; The SS administration was projecting 2035 as when they may reduce monthly payments as their only income would be the payroll tax.&nbsp; Now with so many out of work and many years of recovery ahead analysts like Motley Fool are projecting that starting between 2030 and 2032.&nbsp; At least a 22% reduction in monthly payments unless they can come up with a fix of some sort.</p></blockquote><p></p>

[QUOTE="vantexan, post: 4577160, member: 24302"] The money is taken out before they receive their paycheck so why wouldn't they have it to pay next year? Just looking to stimulate the economy and get people back to work. As the posted video showed Nancy and Democrats thought it a fine idea when they did it. Personally I don't like messing with Social Security's income stream but if they're going to do it then as long as it's temporary ok. Not ok long term. The virus is already impacting SS's solvency. The SS administration was projecting 2035 as when they may reduce monthly payments as their only income would be the payroll tax. Now with so many out of work and many years of recovery ahead analysts like Motley Fool are projecting that starting between 2030 and 2032. At least a 22% reduction in monthly payments unless they can come up with a fix of some sort. [/QUOTE]

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