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by Evidlo 61 days ago
How much goes to retirees vs low income people?
1 comments

it goes to everyone (in varying amounts) who paid payroll tax when they turn 65. They get free health insurance too (Medicare).

poor people getting Medicaid are like 20% of the population of most states.

essentially we are promising everyone who turns 65 to get ~$800k in benefits, and this is simply not affordable.