Biden is working hard to bankrupt both Social Security and Medicare.

 

.

By Stephen Frank,  California Political News and Views

“Although illegal immigration flouts the rule of law and strains local communities, it does generate one unambiguous benefit — namely, free contributions to our Social Security and Medicare trust funds. Amnesty would transform those contributions into costs totaling hundreds of billions of dollars.

The reasoning here is simple. Under current law, most illegal immigrants cannot access Social Security or Medicare benefits even when they reach retirement age. Nevertheless, roughly half of illegal immigrants do have payroll taxes deducted from their wages while they are working. These payroll tax contributions are generally “free” to American taxpayers because they bolster the trust funds without creating any new benefit obligations. However, amnesty would qualify recipients for Social Security and Medicare, converting future contributions into large IOUs from the federal government.

Since some illegal aliens pay into these systems, ALL will get benefits.  Watch as the payroll tax goes up to pay for the illegal aliens—another way to bankrupt honest citizens in the quest of supporting law breakers.  That is the real Democrat goal.

Related article: Amnesty Would Cost the Social Security and Medicare Trust Funds Hundreds of Billions of Dollars

The views and opinions expressed in this commentary are those of the author and do not necessarily reflect the official position of Citizens Journal.


Stephen Frank: Is the the publisher and editor of the California Political News and Views.  Mr. Frank speaks all over California and appears as a guest on several radio shows each week. He has also served as a guest host on radio talk shows and is a full time political consultant. http://capoliticalnews.com/

Get Citizensjournal.us Headlines free  SUBSCRIPTION. Keep us publishing – DONATE

5 2 votes
Article Rating
Subscribe
Notify of
guest
0 Comments
Inline Feedbacks
View all comments