Posted at Hartmann Report on Nov. 14, 2023
Why Did NBC Go Along with GOP Lies About Social Security?
What baffles me is why a TV news host who earns $2.9m a year would go to such lengths to avoid even mentioning a solution that’s been signed onto repeatedly by virtually every Democrat for decades?
Why did NBC’s Kristen Welker use an incomplete frame for her question about Social Security at last week’s GOP debate, and why didn’t Lester Holt or anybody else correct her?
Here’s her question:
KRISTEN WELKER: “Americans could see their Social Security benefits drastically cut in the next decade because the program is running out of money. Former President Trump has said quote, ‘Under no circumstances should Republicans cut entitlements.’ Governor Christie, first to you, you have proposed raising the retirement age for younger Americans. What would that age be specifically, and would you consider making any other reforms to Social Security?”
The simple reality is that if a person earns $160,200 a year or less, they pay a 6.2% tax on all of their income. In other words, a person making exactly $160,200 pays $9,932.40 (6.2%) in Social Security taxes.