Quote:
Originally Posted by buggyone
I was reading recently in The Washington Post that there is now a move being put forward by fiscal conservatives regarding Social Security retirement payments.
The idea is to require a yearly "means test" that will adjust Social Security retirement annually based on other income such as company pensions as well as the amounts of assets a person has in the form of house, car, investments, and other assets.
This would, proponents say, reduce the national debt.
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Could you supply an actual link to that story ? I have been checking in order to read in context and cannot find it at all.
Thanks
The only story in the Post that mentions MEANS TESTING was an article about a woman who drove her Mercedes to apply for government assistance....she is known as the "Mercedes Mom"
The article, if this is the one you are "quoting" sort of...had nothing to do with Social Security directly and was just mentioned in this paragraph
"One point that was sort of lost in the story is that owning a car has nothing to do with being eligible for WIC payments. The WIC program is a type of federal assistance that is income-based, or “means tested,” meaning that only people whose income falls below a certain level are eligible for the program. Medicaid and the Temporary Assistance for Needy Families are other examples of these means-tested programs. These programs differ from the federal “entitlement” programs, in which people are entitled to receive the benefits if they meet certain non-income tests. For example, people who lose their jobs are entitled to unemployment benefits regardless of their income. The same is true of Social Security and Medicare, which are based on a person’s age, not income."
Should ‘Mercedes Mom’ have sold the car before applying for government assistance? - The Washington Post
Your opening post was a bit deceiving and out of context...we should supply links and actual quotes to save misunderstanding