answersLogoWhite

0


Best Answer

They don't. They, and other fiscal responsibly people, thinks that the annual increase that retirees get should closely match the increases that American wage earner gets. Other wise, the percent of wages of American workers will have to go up to pay the retirees, or the retirement fund will go broke.

Like the President says, it's simple math.

User Avatar

Wiki User

11y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: Why do republicans think social security benefits should be reduced?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What are the exceptions that should be made when it comes to getting social security benefits?

what are exceptions that should be madewhen it comes to getting socil security benefits


When you reach 65 will your ss disability be reduced?

No, your Social Security Disability Insurance (SSDI) benefits automatically convert to Social Security retirement benefits when you reach full retirement age (usually between 65 and 67, depending on your birth year), but the amount you receive should stay the same.


How do you make extra money if you are receiving disability benefits?

If you're talking about US Social Security disability benefits, you're allowed to work and still receive benefits. Contact the Social Security Administration for details; ask for publication 05-10095 "Working While Disabled - How We Can Help". After a trial period, your benefits will be reduced, but you'll still come out ahead of what you were getting from benefits alone (the first $85 per month you make doesn't affect your benefits, and after that your benefits are reduced by only fifty cents per dollar you earn).Other types of disability benefits may have different rules; you should contact whomever is in charge of them and ask.


Do your benefits get cut off if you go to college social security?

Your social security benefits should not be affected by going to college but to get the correct answer to your question you should contact your local SSA office and ask them about this matter.


How will mineral rights lease payments affect your social security benefits?

The amount of money an individual received from Social Security depends upon his past earnings. It is supposed to help pay for their food, rent and other needs and other earnings from other sources should not affect your social security benefits. If in doubt contact your local Social Security Office The answer to your question should be, it will not affect your social security benefits


Where should I go to apply for social security benefits?

You can apply online for social security benefits. For more information on applying or to find out if you are eligible, visit http://www.socialsecurity.gov/retire2/applying8.htm.


Where can I find some information on social security benefits that are taxable?

Social security benefits that are taxable include mutual funds, rrsps, gic's and any account like that. You should get money wherever you can. Good for you.


Where can I find more information on Social Security death benefits?

If you are looking to determine what benefits are available to your mother, you should connect with Social Security directly, or look at this publication: www.ssa.gov/pubs/10008.pdf


Can you get unemployment if you quit in Minnesota when your pay has been reduced by more then fifty per cent?

According to the Related Link below, under "Tips for workers being furloughed" (and hours reduced below 32 per week), you can get benefits. As to whether the same applies for quitting for the same reason, you should call the state's employment security office for clarification.


When should you contact an attorney to help with denied social security benefits?

I would contact a lawyer over denied social security benefits if you have tried your best to resolve the issues with the company yourself. If it is worth the lawyer fees that is.


Are you eligible for Social Security benefits if you have paid into the system for years and you are not a citizen but you are a legal resident?

To get the best correct answer you really should contact your local SSA office with all of your available information and ask them if you qualify for the social security benefits.


Can you get supplimental security income if you are a convicted felon?

There is no prohibition against it. You can apply, and if you qualify for the benefits you should be able to receive them.