Chris Christie Proposes Cuts To Your Social Security

by NewsMax  |  published on April 15, 2015

ChrisChristieIn a speech in New Hampshire, site of the first 2016 presidential primary, the New Jersey governor also proposed cutting off Social Security benefits in the future for retirees with annual incomes of $200,000 or more. He said seniors who wish to work after age 62 should be exempt from the payroll tax.

“Through its unwillingness to address our biggest challenges in an honest way, the Obama administration has put us on a perilous course for both our short-term and our long-term futures,” Christie told the New Hampshire Institute of Politics at Saint Anselm College. “See, I think it’s time to tell the truth about what we need to do in order to solve our problems and put our country back on the path to greater prosperity.”

The proposal marked an attempt to establish Christie’s deficit-cutting credentials in a race that has three other Republicans as declared presidential candidates, with more to come. Christie says he will decide in May or June whether to launch a campaign for the nomination.

The speech tackled cherished benefit programs often considered untouchable in politics. It comes as Christie faces an uphill battle for a pension overhaul in New Jersey, where he has been sued by more than a dozen public workers’ unions for scaling back promised payments into pension funds as part of a deal that was hailed as a landmark during his first term.

  • elda

    Really the problem is that most workers do pay into the system. But the fact is that nearly every person getting that SS money gets WAY more than they pay in. So it is simple unsupportable and something must change. First and foremost if you don’t ever pay in, you should not get it. Obama is changing that as we speak. Second if you have retirement above a level and especially those that have many retirements and are very comfortable, they should be willing to forgo SS money. Remember, you can’t take it with you but you can take someone else’s.

  • guy

    Chris Christie’s campaign, is DOA, with this vitriol.

  • dww

    I don’t care how much they get paid! If they have paid into SS all their lives, they have EARNED their retirement!!!

  • Linda

    So the government is going to steal your money all your working life and you won’t get the benefit of getting any of that money back if you so happen to reach the income level of $200k. Not right. How much money is collected via SS and Medicare over a person’s life and then that person dies with no beneficiaries – who gains in that – the government. Plus even if a person did have beneficiaries, they won’t benefit from what was paid into Medicare, just SS. Do away with SS and let people keep their money and invest as they see fit and if they don’t save for retirement, too bad. I paid into SS on and off over my working life and I won’t see a cent of that money because I didn’t pay in 40 quarters because I worked for the government and paid into a retirement fund.

  • Jerry Y.

    this is a crock of dung! it doesn’t matter what your income is if you pay into SS then you receive SS

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