- Joined
- Jun 10, 2009
- Messages
- 27,254
- Reaction score
- 9,350
- Gender
- Male
- Political Leaning
- Liberal
I've been in favor of switching from a pension to a 401(k) style program for military members for some time now - this way we can actually provide a benefit to the vast majority of servicemembers who honorably serve their country and then get out to go to college or take other employment in the workforce. As pertains to the wealthy and entitlement cuts - I and congressional Republicans am on record as supporting means testing them out of the entitlement programs, while in my proposed Social Security Reform I suggested hiking the FICA cap to (as I recall) a little over $400K.
So you would place our military members pensions at risk on Wall Street. I am sure this warms the cockles of their dead little hearts!
I agree with you on raising the FICA cap.