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Day two of David Pecker testimony wraps in NY Trump trial; Supreme Court hears arguments on Idaho's near-total abortion ban; ND sees a flurry of campaigning among Native candidates; and NH lags behind other states in restricting firearms at polling sites.

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The Senate moves forward with a foreign aid package. A North Carolina judge overturns an aged law penalizing released felons. And child protection groups call a Texas immigration policy traumatic for kids.

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Wyoming needs more educators who can teach kids trade skills, a proposal to open 40-thousand acres of an Ohio forest to fracking has environmental advocates alarmed and rural communities lure bicyclists with state-of-the-art bike trail systems.

Trump Idea Could Change Funding for Social Security

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Wednesday, April 19, 2017   

CONCORD, N.H. - A New Hampshire grassroots group says a change being floated by the White House would not only harm local seniors but bring negative economic consequences to grocers, landlords and small businesses across the state.

The Trump administration is sending up what's being described as a trial balloon to end the separate payroll taxes dedicated to Social Security and replace them with general revenue or a consumption tax, similar to a sales tax.

Sarah Jane Knoy, executive director of the Granite State Organizing Project, said more than half of U.S. seniors were living in poverty before the program was established.

"Social Security has lifted those that have served our country out of poverty, and it's done so by having this dedicated income stream," she said. "I can't believe that anybody would propose changing it. It just seems like trying to fix something that isn't broken."

Critics have charged that Social Security is going bankrupt and has to be changed. The latest federal estimates said the program's trust fund will run out in 2034, but its supporters have said the Trump proposal is a sneaky way to undermine it, adding that Social Security still could pay out nearly 80 percent of current benefits, even with an empty trust fund.

Since Social Security has its own dedicated source of funding, it adds nothing to the deficit. However, socialsecurityworks.orgSocial Security Works president Nancy Altman pointed out that ending the payroll taxes would make cutting Social Security benefits a way to reduce the deficit at some point in the future.

"So I've actually called it a 'Trojan horse,' because it looks like a gift," she said. "It looks like middle-class tax relief, but really it's undermining middle-class economic security."

About two-thirds of American seniors rely on Social Security for most or all of their income. Without the program, economists have estimated the poverty rate for older Americans could multiply by three or four times.

More information is online at socialsecurityworks.org and ssa.gov.


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