[bluesbassman]

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No, people can be provided "grandfathered" benefits according to what they have already paid into the system. In this way SS and Medicare are phased out incrementally.

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but this would still screw everyone who is due benefits. do you see why?



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Not necessarily. The benefits could be pro-rated according to how long they have been paying into the system, rather than simply by getting back their contributions. Thus, those who are nearing retirement would still receive full benefits.

Of course, this would cost additional money from the budget, but that could be easily paid for by elimating all foreign aid and other government programs.