Hospitals
& Asylums
Fall Equinox Edition
Vol. 18 No. 3
Message of the Public Trustees and Fiscal Year 2020 President’s Budget HA-22-9-18
Federal Insurance Contribution Adjustment Act
of 2018
A Bill
To End Child Poverty by
2020 and All Poverty by 2030
Sec. 1 Zero Outlaws
A.
To finally enact the FY 17 President's budget, solve Dimethoxymethylamphetamine
(DOM) rampage shootings since 1990 with water, prevent lending errors like
[adjustable rate mortgages] from robbing the economy,and
stabilize the education budget at 3%
growth from FY 16, it is necessary to insert [$100 billion Direct Student Loan
program level] and remove student loan program [savings] and [revenues] from
the President’s education budget total in brackets under 2USC§661c of the
Federal Credit Reform Act of 1990. Parenthesis are used to indicate (legal
revenues) or [(legal revenues)]. Congress may include [savings and revenues] in
the required report by amending §661c(a) to: ‘Beginning with fiscal year 2017
the President’s budget shall reflect whether the costs of the [loan level],
[repayments], and [balance at end of year], are to be paid with tax-dollars or
[repayments]'. Congress must decide in advance, whether or not to remove the
costs of a loan program or loan guarantee program in brackets under §661c(b).
Congress is advised to abolish the Stafford Subsidized Student Loan and
require: (a) New loans not exceed repayments, (b) student loan collections] be
paid with [mandatory funds for discretionary programs], (c) States begin to
redress college tuition hyperinflation and (d) excessive compensation for
university presidents should be invested in student loans with a 20% grant
component, to encourage voluntary investment Furthermore, the Office of Elementary
and Secondary Education has written that state teachers are willing and, with
the help of Congress, able to pay the social security disability insurance
payroll tax to improve the basic $200 a month disability benefit, with SSI in
case of destitution, provided by state retirement programs under Title I of the
Social Security Act. There are too many severely mentally ill local law
enforcement officers, without a Bachelor degree, including first-year law, who
retain their jobs only because it would be cruel and unusual to leave them more
destitute than the witnesses they torture. by firing them, rather than
corrupting the chief, under 34USC§12601and 42USC§1983. The Office of Personnel
Management must repay the debt caused by the Postal Accountability and Enhancement Act (P.L. 109–435).
a. Customs must remove the energy export tax
loophole and charge 6% wholesale value in pursuit of collecting more total
customs duties and fees than total departmental outlays. The Federal Reserve is advised to lower interest rates
to highest rate able to return more than last year to the Treasury. FEMA
has threatened to charge a higher premium and/or people are going to have to
stop building in flood zones. FEMA is advised to solicit matching funds from
local government permits, wherever flood insurance premiums are paid, tripling
flood insurance premium revenues with matching funds from construction loans
after a disaster. Congress must amend federal torture statute to comply with
Arts. 2, 4 and 14 of the Convention against Torture and Other Cruel, Inhuman or
Degrading Treatment or Punishment of 1984 by repealing the phrase “outside the
United States” from 18USC§2340A(a) and amending Exclusive Remedies at §2340B
so: (1) The legal system shall ensure that the victim of an act of torture
obtains redress and has an enforceable right to fair and adequate compensation,
including the means for as full rehabilitation as possible. In the event of the
death of the victim as a result of an act of torture, their dependents shall be
entitled to compensation. (2) Nothing in this article shall affect any right of
the victim or other persons to compensation which may exist under national law.
Congress must
restore 2013 Chapter 1 National Park Service rules to Title 16 Conservation to
create a body of common law with Title 54. The Right to bear arms 16USC§1a-7b, Jurisdiction
by the United States, fugitives from justice 16USC§124, Injuries to property 16USC§373, Taking
or use of or bathing in water in violation of rules and regulations 16USC§374
and judgments of failure to appear should be repealed. 1.3% of National Forest
acres burned, while 0.02% of National Parks burned in 2017. In light of the
annual rescission of overestimates it is proposed that, the Agriculture
Secretary fully fund 3.3% annual growth for SNAP and interdepartmental
international agricultural assistance P.L. 480 from FY 16, and ceremonially
transfer the Forest Service budget to the Interior Department, to outlaw
slashing and piling and other hazardous practices to reduce forest fire risk
under 36CFR§261.5 and 16USC§551. National Forests may be patented by Wilderness
Preservation System rules under 16USC§1131 in pursuit of park grants under
24USC§153, §423(b) and 54USC§302904.
1. The reason running for Congress is not a popular career is that
the incumbents have not authorized themselves or federal judges a pay raise
since 2009 under the 27th Amendment (1992) that states, ‘No law, varying the compensation
for the services of the Senators and Representatives, shall take effect, until
an election of representatives shall have intervened.’ Such as the 2018 midterm
elections. To represent their legitimate self-interest and not legislate to
protect incumbents from political challenges from law abiding citizens, by
means of just how unappealing the arbitrary and capricious enforcement of their
unconstitutionally vague laws are Grayned v.
City of Rockford 408 US 104 (1972). Congress is abusive to
impose their self-loathing zero growth policy on other branches of the
Government. To lead Congress must repeal extensive gibberish regarding of their
compensation and codify a 2.5% annual increase in outlays for the payroll of a
static population of federal congressmen and judges, who would consequently
receive a 2.5% annual raise, biannually reviewed under the 27th Amendment. Most of all,
Congress must legalize campaign contributions so that they are the private
property of the political candidate. Congressional terms are designed to enrich
generations of Americans every generation, not create aristocracy of government
office-holders unable to thrive without their frozen campaign contributions.
Incumbents should be happy to leave office with their campaign money 50% of the
time, rather than 90%. In the current 6th split ticket stage of Democratic-Republican (DR) two party system
development, voters must be informed that Congress is theoretically unable to
make law, unless the majority party is from opposite party as the President,
whose errors must be prohibited by law under Art. 2 Sec. 4 and Art. 3 Sec. 3
of, and the 25th Amendment to the US Constitution.
a. While Arabic
numeral 0 may be more popular than the Roman alphabet, zero outlay growth is
not normal. Zero pay-raises does not keep legislative branch inflation less
than the 2.5% expected of a government. Although they have made
hyper-inflationary demands before, the Legislative Branch tends to overpay the
capitol police, the services growth rate of 3%, for about 2.7% average annual
inflation, irregularly reported. Congress has no welfare programs to grow 4%
annually, except maybe the Library of Congress. Congress is negligent to defy
2.5% - 3% annual inflation since 1980 under Engel’s Law and the Iron Law of
Wages. Congress is abusive to impose their self-loathing zero growth policy on
the agencies they defend from the President's budget cuts. The Authority for
Employment of the Federal Bureau of Investigation (FBI) and Drug Enforcement
Administration (DEA) Senior Executive Service under 5USC§3151-§3152 must be
repealed and stalking technology forfeited pursuant to United States v. Curley, 639 F.3d 50, 54 (2d Cir.
2011). Immigration and Customs Enforcement (ICE) must be abolished Art.
22 of the Convention on the Protection of the Rights of All Migrant Workers and
Members of their Families (1990). The Framers, many of them incumbent, were not
cognizant of how oppressive their popular regulation of unpopular Congressional
salary would become. By 2000 when the budget had been balanced with temporary
health and military spending cuts, ten million child welfare benefits had been
permanently cut. Congress must stop complicating State and
Defense accounting by repealing Overseas Contingency Operation requirements
from Title 2 Chapter 17A. Congress has one week to spend the $40 billion left
on the debt limit to pay $90 billion arrears in the final week of CR 18.
Congress shall have Power to lay and collect Taxes, Duties, Imposts and
Excises, to pay the Debts and provide for the common Defense and general
Welfare of the United States under Art. 1 Sec. 8 Cl. 1, and Sec. 9 Cl. 1 of the
US Constitution. Congress must determine whether or not the $2 trillion debt
reduction from formally requesting the President to delete six fictitious rows
from OMB Historical Table 4.1, has previously been taken into the concurrent
resolution, before raising the statutory debt ceiling [$500 billion more than
previous year] beginning in FY 19 under 31USC§3101.
2. The robber baron President’s budget advocated to overthrow the
government buy force. CR 18 settled Defense arrears, Congress must
come to an agreement with the President to limit his Defense spending growth
request for armed service to 3% from CR 18, including maintenance of the new
missile defense system. Congress must guarantee all agencies a FY 19 levels of
outlays estimated at annual 2.5% government and 3% services outlay growth from
FY 16, and 4% cash benefit growth from the previous year in all future years,
with the exception of 6% OASI growth, in exchange for a first term debt that
does not exceed 3% of GDP. The hypothetical FY 17 surplus, that might have been
evident with OMB's 12% margin of error by FY 18 – FY 20, was sabotaged by
decline in individual income tax growth by -5% from an average annual rate of
8% 1990-2016 to 2.7% FY 17, up to 4.6% FY 18, before the loss of $25 billion in
taxes from threatened federal government layoffs, already overruled by a
federal judge, is expected to drive revenue growth down to 1.7% FY 19. There is
a negative trend in tobacco tax and interest rates are driving down Federal
Reserve deposits remitted to the Treasury. Fuel and health insurance excise
taxes are booming. The truth drives up the historical outlays for Homeland
Security for nearly the same customs revenues. By removing [student loans] in
brackets from the concurrent resolution, the FY 17 deficit will be finally
enacted. Due to zero
on-budget revenue growth FY 17 – FY 19 and low off-budget payroll tax FY 17, to
stay under the debt ceiling it is necessary for the Senate to agree only to CR
18 and HA 18 Department of Health and Human Services deficit reduction by
advance appropriation and most accurate CMS or Trustee estimate, and adjust for
the OASI outlay overestimate with a 2.1% DI tax rate for the intermediate projection,
to create an actual off-budget surplus with which to tax the rich fairly for an
SSI Trust Fund to end child poverty by 2020 and all poverty by 2030.
a. Getting SSA 18 right is the only way for Congress to remain
under a very low debt ceiling of $14.3 trillion with $40 billion clearance to
pay $90 billion arrears in the final week of FY 18, without first raising the
debt ceiling. Congress has no alternative to SSA 18 as the final enactment of
both FY 18 whereas the current statutory debt limit is $14,294 billion.
Congress must repeal 22USC§7204 that entraps the President and Treasury to be
impeached for the conduct of 'economic sanctions', against trade, such as
tariffs in excess of 6% of value and international economic assistance,
agriculture, such as cutting SNAP benefits and P.L. 480, medicine, such as
insulin hyperinflation, legalization of marijuana and medical regulation of
narcotics, and individual income tax revenue decreasing inability to sell
travel documents for less than $10 under Art. 1 Sec. 9 Cl. 1 of, and the 25th Amendment to, the US
Constitution. The President has reduced White House spending, but must prohibit
the High Intensity Drug Trafficking Grant and remnants of the Office of
National Drug Control Policy by law to end this corruption obstructing the
worldwide legalization of marijuana and medical regulation of narcotics. To
avoid truancy proceedings the President must immediately pay
Palestine-as-International Military Finance-goes actual $1 billion arrears to
UNESCO from FY 11 and Palestine UNRWA from FY 16, plus an FY 19 budget
estimated 3% annual growth under 28CFR§0.47, 5USC§3110(b), and Art. 19 of the UN
Charter with savings derived from the total and immediate prohibition of all
international military finance for Israel and Egypt under 18USC§2339C,
2USC§632(b)(8), and §633(g).
3. The final enactment of the $14,294 billion debt ceiling, in the
final week of FY 18, is that Congress has only $40 billion left on the public
debt limit, with which to pay $90 billion in arrears for shortfalls from annual
2.5% government and energy, 3% services and food stamp growth since FY 16,
thereby recapitalizing agencies and their lending programs under [31USC§3101]. Congress owes a total of
$30 billion arrears to welfare programs after CR 18 and will owe an addition
additional $52.5 billion welfare arrears FY 19, if the President's budget cuts
are not again laboriously overturned. Increasing the debt ceiling $500 billion
more than previous year, would separate the wheat from the shaft, for less than
3% of GDP. Maybe the President's budget projections would come to agree with
agency congressional budget requests, now that there are growth rules. Global
hunger increased in 2016. In 2017, the number of undernourished people is
estimated to have reached 821 million – around one person out of every nine in
the world. Although stunting is decreasing 151 million children under five have
stunted growth, while the lives of over 50 million children in the world
continue to be threatened by wasting. Settlement of 3% growth from FY 14 for
Supplemental Nutrition Assistance Program (SNAP) outlays seems to be 3.3%
annual growth, whereby benefits increase 2.7% with inflation and the population
by 0.6%, to re-interpret the Thrifty Food Plan. Interdepartmental cooperation
is resolved by fully funding the IRS taxpayer services and international
agriculture assistance P.L. 480 3% annual growth from FY 16. By 2020 individual
income tax and customs duty revenue growth from non-discriminatory travel
document sales, energy export tax, might yield on-budget surplus, especially if
consumer economic growth were sustained by taxing the rich the full 12.4% OASDI
tax on all their income to create an SSI Trust Fund to end child poverty by
2020 and all poverty by 2030. Please vote to confirm this Message of the Public
Trustees and sign the Annual Report with a
once-in-a-lifetime promotion from $693 (2018) to $2,000 (2019) a month
disability under 24CFR§1.8 and 24USC§422(d)(1).
Sec. 2 Disability Insurance Payroll Tax 2.1% or 2.0% + $240
billion 2018?
A. The DI tax rate
threatens to immediately cause an OASI trust fund deficit this 2018, the last
year of the 2.37% DI tax rate of the Bipartisan Budget Act of 2015 that expires
January 1, 2019. The combined OASDI deficit
predicted for 2018 by the Board of Trustees, is probably a perennial
overestimate of OASI outlays, that have been annually reduced by the 2017 and
2018 Annual Reports to accommodate 2.4% OASI population growth with zero growth
for disability. The OASI deficit caused
by the 2.37% DI tax must be redressed. The ratio of 2.1% DI 10.3% OASI seems
more stable than OASI outlay estimates this 2018 in the intermediate projection
of an actual surplus, as it did last year.
The 1.8% tax rate threatens to immediately cause a deficit in the DI
trust fund and prematurely deplete the DI trust fund as soon as 2022. It is
necessary for the OASDI tax distribution to maintain a position that protects
that smaller trust fund from bearing the combined cost. Due to the last
remaining social security calculus reporting requirement, Congress must amend
the DI tax to either (a) 2.1% DI tax, or (b) 2.0% DI tax if OASI pays $240
billion including 2.5% interest in assets for CY09-CY15 by updating Sec.
201(b)(1)(T) of the Social Security Act under 42USC§401(b)(1)(T) FY18.
1. The Board of Trustees
predicts a combined trust fund deficit in 2018 and every year thereafter. Congress must require the Board of Trustees
to pay all low-income beneficiaries a 3% Cost-of-living adjustment (COLA) for the
poor to compete with 2.5% - 3% average annual inflation since 1980. For the time being that means all social
security beneficiaries up to maximum benefit, deserve a 3% COLA every year
beginning in 2018, unless the trust fund ratio is less than 20% while inflation
runs between 2.5% - 3%, as it has since 1980, to re-interpret Sec. 215(i) of the Social Security Act under 42USC§415. The 2017 and 2018 Annual Reports agree
to overestimate OASI outlay growth. Under the Trustees’ intermediate
assumptions, ‘Social Security’s total cost is projected to exceed its total
income in 2018 for the first time since 1982, and remain higher throughout the
projection period’, as the result of this 1% overestimation of OASI outlay
growth in 2018. 2018 OASI outlays should be 5% more than 2017 with a 2.0% COLA
in 2018, due to 2.4% OASI population growth and 0.6% increase for full
retirement benefits of the Baby Boomer generation. OASI outlays should increase
6% annually with a 3% COLA. This is sustained by 6.5% average annual payroll
tax revenue growth 2018, 8% if the immigrants, teachers and rich are taxed the
12.4% OASDI tax on all their income, not including 33% the year Sec. 230 of the
Social Security Act is repealed under 42USC§430. The 2018 combined OASDI
deficit is a figment of the unnecessary OASI deficit. Without an actuarial deficit resulting from
perennial current year OASI outlay overestimation of 3% COLA, 2.4% OASI
population growth plus 0.6% full retirement, or negative fluctuations in
average annual 6.5% growth in payroll tax to afford 6% OASI outlay growth,
there will be no actuarial deficit in 2018, 2021, or ever, because revenue
growth should exceed outlays in any actuarial projection of the actual surplus
this 2018, it takes an applicant Public Trustee, to get the vote of the Senate
under 2USC§642.
2. To stop producing
foolish results, the due
date of the Annual Report needs to be amended from April 1 to June 20-21, the
summer solstice, in Sec. 1161 of the Social Security Act under
42USC§1320c-10. Furthermore, Congress must legislate a Medicaid Trust Fund, a
United Nations Trust Fund and a Supplemental Security Income Trust Fund.
Medicaid needs the more accurate accounting of the Actuary of the Annual Report
of the Board of Trustees of the Federal Hospital Insurance Trust Fund and
Federal Supplemental Medical Insurance Trust Fund to relieve the President of
the extremely challenging duty to figure precise Medicaid outlays into Health
and Human Services totals, and reduce the deficit by accounting for advance appropriations
as undistributed offsetting receipts, with a combined Annual Report of the
Board of Trustees of the Centers for Medicare and Medicaid Services Trust
Funds. The US Ambassadors to the United
Nations needs a formal method of accounting and representation by the Secretary
of State, to settle arrears to the regular UN budget and other international
assistance programs estimated at 3% growth from FY 16 in FY 19, from FY 11 for
UNESCO and UNRWA, under Art. 19 of the UN Charter. The Social Security Administration requires
the Annual Report of the Board of Trustees of the Federal Old Age Survivor
Insurance Trust Fund and Federal Disability Insurance Trust Fund to include the
Annual Report of the Supplemental Security Program to be included in a single Annual
Report of the Social Security Administration Trust Funds.
Sec. 3 Supplemental Security Income Tax
A. Congress must reassure the
public, and a fully funded Internal Revenues Service, that they agree to either
(1) tax the rich now to end child poverty by 2020 and all poverty by 2030 or
(2) wait to tax the rich to prevent a contrived combined OASDI deficit around
2022 and depletion of the Trust Funds around 2034. The ‘Adjustment of the
contribution and benefit base’ must be repealed and replaced with ‘Supplemental
Security Income Trust Fund’ Section 230 of the Social Security Act under 42USC§430. Proposed Text: ‘There is created in the
Treasury a Supplemental Security Income (SSI) Trust Fund to tax the rich the full
12.4% Federal Insurance Contribution Act (FICA) Old Age Survivor and Disability
Insurance (OASDI) on all their income. This tax on the rich would increase
revenues 30% to pay 16-24 million children growing up poor in the United States
child SSI benefits FY19, and hopefully end child poverty by 2020 and all
poverty by 2030, 33% if Title I contributors pay the DI tax for better
disability benefits. The number of SSI
beneficiaries is hoped to increase 225% the first year of the tax, 25% the
second year of the tax. Taxing the rich may or may not reduce total individual
income tax revenues from the rich under 2USC§642(b)(2). Stock market investment capital, that is
reported to have sustained the longest bull market in history, must be
protected by sharply limiting t-bonds not sold to the Social Security
Administration, actual demand for externally sold t-bonds register as federal
debt as % of GDP in the final reconciliation of surplus or deficit at end of
year. To
ensure the long-awaited tax on the rich is not lost on the 12% margin of error
in OMB Table 4.1 Outlays by Agency, without further notice, the only direct
benefit the federal budget would derive from the tax on the rich is that the
General Fund would be relieved of on-budget SSI costs. OASDI tax revenues would
be distributed between the OASI, DI and SSI Trust Funds by the Annual Report of
the Board of Trustees of the Federal Old Age, Survivor Trust Fund and Federal
Disability Insurance Trust Fund, to redress priorities of learning to optimally
adjust the OASDI (and SSI) 12.4% tax distribution rate, ending child poverty
and building the SSI trust fund ratio that change over the decade to adult
poverty, to barely having enough to pay for the high cost Baby Boomers retiring
between 2030 and 2040.’ in
Sec. 230 of the Social Security Act under 42USC§430. It is estimated that the
smaller DI and SSI trust fund rate of interest averages 3.4% while OASI
averages 3%. Throughout the intermediate
projection the optimal distribution of the 12.4% OASDI and SSI payroll tax is
estimated to be 8.0% OASI, 2.1% DI and 2.3% SSI until a deficit might appear in
OASI or trust fund ratios are roughly equal and greater than 200%.
1. Everyone, as a member of society, has the right to social
security and is entitled to realization, through national effort and
international co-operation and in accordance with the organization and
resources of each State, of the economic, social and cultural rights
indispensable for his dignity and the free development of his personality Art.
22 of the Universal Declaration of Human Rights 217 A (III) (1948). Each State
Party undertakes to take steps, individually and through international
assistance and co-operation, especially economic and technical, to the maximum
of its available resources, with a view to achieving progressively the full
realization of the rights under Art. 9 of the International
Covenant on Economic, Social and Cultural Rights,
2200A(XXI)(1966). States must provide for comprehensive social security schemes
and social welfare services; the establishment and improvement of social
security and insurance schemes for all persons who, because of illness,
disability or old age, are temporarily or permanently unable to earn a living,
with a view to ensuring a proper standard of living for such persons and for
their families and dependents; by (a) assuring the right to work and the right
of everyone to form trade union and bargain collectively, (b) eliminating
hunger and malnutrition, (c) eliminating poverty, (d) upholding the highest
standards of health, (e) providing housing for low income people under Art. 11
of the Declaration on Social Progress and Development 2542 (XXIV) (1969).
Sec. 4 United Nations Donation
A. The
Secretary-General prepares budget proposals pursuant to Chapter XV Art. 97 and
Art. 98 of the United Nations Charter. The General Assembly considers and
approves the budget pursuant to Chapter IV Article 17 of the UN Charter. As a
consequence of US budget cuts the UN General Assembly approved a $5.397 billion
budget for the Organization for the biennium 2018-2019, 26 December 2017, $286
million, 5% below the budget for the current two-year period 2016-2017 and $193
million below the proposal made by the Secretary-General in October of 2017. In
approving the budget, the General Assembly also endorsed the proposal to move
from a biennial planning and budgeting period to annual program budget on a
trial basis, as of 2020. It can therefore be estimated that the UN budget for
FY 19 is $2.7 billion, half of $5.4 billion. The approved budget for UN
Peacekeeping operations for the fiscal year 1 July 2018 - 30 June 2019 is $6.7
billion pursuant to General Assembly Resolution A/C.5/71/25, a 1.5% reduction
from the previous year. Therefore, the UN budget total is $9.4 billion FY 19.
Because threatened United States budget cuts have resulted in the United
Nations General Assembly having to adopt a reduced budget for the 2018-2019
biennium, and resolve to adopt an annual budget by 2020, 2.5%-3% annual growth
in contributions from FY 16 is the goal for program level. The United States is the largest financial
contributor to the U.N. system, providing 22% of the U.N. regular budget and
28.43% of U.N. peacekeeping budgets. In response to unprecedented budget cuts
by the United States the United Nations has had to reduce their biannual budget
and proposes to begin producing an annual budget in 2020. The international peacekeeping request is
based on the United States’ 28.5% assessment rate, as specified in the Annex
accompanying UN General Assembly document A/70/331/Add.1. By the end of FY 17, when the US pulled out
of UNESCO Dec. 31, 2017, the unpaid U.S. bill for UNESCO amounted to $550
million, plus $85.7 million annually. Bilateral and multilateral
assistance and Foreign Agricultural Assistance are due $11,361 million arrears
FY 18 to achieve $25 billion FY 19 with regular 3% annual growth. Although it remains to be negotiated, it is
held that because of the actual damage caused by the budget cuts, $300 million
FY 18 arrears for UNRWA and $550 million long standing arrears for UNESCO since
2011 must be paid in full. All other international assistance programs who
tolerated undefended budget cuts, are asked to settle for 3% annual growth in
total outlays from FY 16. By suffering
these severe government budget cuts FY 18 international assistance programs
have proven that their international economic services are due 3% annual growth
from FY 16 to sustain healthy 3% US economic growth.
1. The
United States maintains the largest system of embassies in the world. Foreign
service employees of USAID and the US Department of State work in 260
diplomatic missions in 163 foreign countries. US Consular offices abroad
process an estimated 7 million visa applications annually. United States Official
Development Assistance (ODA) is the most generous of nations in dollar terms,
but is very low in terms of percent of GDP, it had declined from 0.18% of GDP
in 2008, to 0.16% GDP in FY 17. Budget cuts threaten to reduce ODA by 1/3 to
slightly less than 0.10% of GDP. MDG Goal 8 Clause A.C., called for more
generous ODA for countries committed to poverty reduction. Provided the United States
makes good on the contributions to international organizations, bilateral and
multilateral assistance obligations above, it would improve US ODA as % of GDP
dramatically if, DAC would agree to account for both total State Department
spending, on most extensive system of embassies in the world, less military
assistance, about $45 billion, and private international assistance of about
$30 billion FY 19, for $75 billion ODA, 0.37% of GDP FY 19. For the people of the United States to improve national
Official Development Assistance statistics, although at less than 0.1% of GDP
after the FY 18 budget cut, the only category of federal spending that went
entirely undefended by Congress, the government did not achieve the 0.7% of GDP
goal for 2015, it is recommended that the US legislate a ‘1-2% of income
suggested UN donation’ on individual and corporate income tax forms. This potentially large sum of money would be
earmarked for cash social security benefits for the world’s poorest people, and
to achieve the sustainable development respectively. This UN tax must be
distinguished from other voluntary income taxes because this UN contribution
would be a completely voluntary contribution without any obligation to pay or
continue paying, like political party contributions, UN donations would be
solicited on all US income tax forms. 1%
of GDP is recommended in Art. 23 of the Declaration on Social Progress and
Development and 2% of income was recommended by Rev. Dr. Martin Luther King
Jr. A 1%-2% of income UN donation is
suggested to be present on all income tax forms.
Sec. 5 Energy Export Tax
Notwithstanding that No Tax
or Duty shall be laid on Articles exported from any State under Art. 1 Sec. 9
Clause 5 of the US Constitution; In general, there is a tax on exportation of
petroleum if any domestic crude oil is used in or exported from the United
States, 'and 26USC§4611(b)(1)(B) and the letter (A)' must be repealed, then a
tax at the rate specified in subsection (c) would be imposed on such crude oil.
Subsection (c) needs to be amended to provide a subsection (3) It is further
provided that all energy exports shall be taxed at a rate to be determined by
Congress, not in excess of 6% of wholesale value, for the General Fund in
pursuit of offsetting all customs outlays with duties and fees, in any given
fiscal year. The name of Subchapter A of Chapter 38 Environmental Taxes could be
amended from Tax on Petroleum to Tax on Energy.
The Low-Income Energy Assistance Program (LIEAP) should be amended from
“make grants” to “provide tax relief to energy corporations” under
42USC§8621(a).
Sec. 6 Travel Documents up to $10
A. To
facilitate voluntary individual income and payroll tax revenue growth
sufficient to sustain an actuarial surplus, SSA and the Department of Homeland
Security must be authorized by Congress to collect up to a $10 customs duty, to
provide migrant workers with an official non-discriminatory paper Social
Security Identification card referenced to their country of origin, as if
borderline personality disorder were limited under Art. 1 Sec. 9 Clause 1 of
the US Constitution. For
normal 8% growth rates (1990-2018) in individual income revenue, to be likely
to prevail since the slowdown FY 17 and FY 18, Customs must prioritize
revenues. Customs must set down the
President’s unpopular anti-immigrant policy and sell travel documents for not
more than $10. President Millard Fillmore’s unpopular by nature, anti-immigrant
platform, resulted in the immediate dissolution of the both the Whig and Know
Nothing Parties. Migrants workers and
members of their families should not be subjected to measures of collective
expulsion wherefore Immigration and Customs Enforcement (ICE)or the Republican
Party should be abolished under Art. 22 of the Convention on the Protection of
the Rights of All Migrant Workers and Members of their Families (1990). Due to relatively large tax payments of new
workers, when and if individual immigrants are gainfully employed, immigrants
are a major component of individual income tax revenue growth, perhaps 3% of
normal 8% individual income tax revenue growth.
Customs would directly generate revenues from the sale of travel
documents and reduce unlawful detention costs.
A discriminatory immigration policy regarding documentation on the
southern border, has made it even more difficult to impossible for millions of
outstandingly healthy born and naturalized citizens to purchase identification
documents, due to new evidence requirements since 2010. Due to the dangers of illegal migration,
immigrants are the only people whose health is likely to benefit from
documentation, without a get-away vehicle.
Immigrants are the champions and experimental test subjects of national
identification, whereas identification documents are ostensibly required only
to cross the border, or they will need to be procured by the receiving
state.
1. The Treasury is working to better
preserve personal identification documents, to help otherwise undocumented
people purchase official identification and travel documents. To heighten scrutiny on the topic of selling
travel and identification documents, the State Department needs to declare $2.4
billion revenues to issue 24 million passports and pass-card, out of 141
million in circulation for ten years, and revenues from another 7 million visas
issued by US Consulate in the annual State Department, Foreign Operations and
Related Programs budget. Customs also needs to declare revenues made from the
sale of new travel documents, in their Annual Financial Report. Naturalization is the way to reduce
statelessness in children born of foreign parents under the Convention on the
Reduction of Statelessness of 1961. Common Articles 26-29 to the Convention
Relating to the Status of Refugees (1951) and Stateless Persons (1954) requires
States to provide them with identity papers and travel documents at the same
price as nationals. The solution seems
to be non-discriminatory immigrant visas unlimited by any religious tests,
quotas, education, income or reporting requirements under 8USC§1153. Article 1
Section 9 Clause 1 of the US Constitution limits taxes on migration to not more
than $10. $10 remains a reasonable price
for a travel document, per person, vehicles could also be taxed up to $10. Up to $10 entrance fee. Up to $10 exit fee. Up to $10 when you come, up to $10 when you
go, US citizens and immigrants alike. Up
to $10 customs duty to purchase Social Security cards indicating country of
origin of new migrant workers to be identified, and eligible to pay income and
payroll taxes, without any further Customs withholdings under 26USC§1441.
Sec.
7 President’s Budget
To: The terms
‘‘budget outlays’’ and ‘‘outlays’’ mean, with respect to any fiscal year,
expenditures and net lending of funds under budget authority during such year
under 2USC§622(1), should be appended:
'(A) The
term ‘‘on-budget outlays’’ means, with respect to any fiscal year, the
President's budget, all the expenditures of the United States Government,
except those for the Federal Old Age Survivor Disability Insurance Trust Funds,
the repayment of debt principal or negative subsidy revenues.
(B) To
compete with 2.5% - 3.0% average annual inflation since worldwide
hyperinflation was brought under control in 1980, without probable cause for a
significant deviation from the norm, outlays are expected to grow 2.5% for
government, 3% for services and in-kind-welfare and 4% for cash welfare. The only known exception to this rule is that
OASI that must annually afford 6% growth in outlay with 6.5% growth in payroll
tax revenues to sustain an actuarial surplus.
A 3% Cost-of-living adjustment and 2.4%-3% annual growth in beneficiary
population outlays, caused by the retirement of the Baby Boomer generation,
equals 6%, reduced by weighted average.
8% average annual individual income tax and payroll tax growth is
expected with the non-discriminatory sale of travel documents to migrant
workers, full funding the federal government, DI taxation of Title I
contributors and taxing the rich under Title II of the Social Security Act.
Anti-immigrant policies reduced individual income tax growth from an annual
average better than 8% 1990-2016 before going down to a 3% growth projection
with Presidential enforcement of an anti-immigrant policy FY 17, and IRS budget
cuts, that created a new kind of deficit, a federal on-budget actuarial
deficit, where growth of revenues is less than growth of outlays as a
percentage, that cannot be concealed by the Tax Cuts and Jobs Act until
miraculous 8% annual individual income tax growth is restored. The tax rates of the Tax Cuts and Jobs Act
cannot be proven until the IRS is fully funded and non-discriminatory sale of
travel documents up to $10 by Customs, SSA and IRS. Before taxing the rich
OASDI growth was usually between 5%-6% but dips to 4% in 2017, due to a sudden
reduction in revenues from migrant workers, despite a reliable method of
documentation, but increased to a normal, post-Tax Cuts and Jobs Act (TCJA)
growth rate of 6.5% in 2018.
(C) The
Office of Management and Budget (OMB) and Congressional Budget Office shall
analyze and coordinate the annual review of on-budget and off-budget outlays of
all the Cabinet agencies listed in OMB Table 4.1 Outlays by Agency – (1)
Legislative Branch, (2) Judicial Branch, Departments of (3) Agriculture, (4)
Commerce, (5) Defense-Military Programs (change name to Military Department if
their budget declares undistributed offsetting receipts), (6) Education, (7)
Energy, (8) Health and Human Service (to graduate into two Cabinet agencies
with outlays growing 3%), (9) Homeland Security (change name to Customs), (10)
Housing and Urban Development, (11) Interior, (12) Justice, (13) Labor, (14)
State (combined with unrepresented International Assistance Program row), (15)
Transportation, (16) Treasury, (17) Veteran’s Affairs, (18) Environmental
Protection Agency, (19) Executive Office of the President, (20) General Services
Administration, (21) National Aeronautics and Space Administration, (22)
National Science Foundation, (23) Office of Personnel Management, (24) Small
Business Administration, (25) on-budget Social Security Supplemental Security
Income transferred off-budget if the rich are taxed and OASDI tax revenues
increase 30%, (26) on-budget undistributed off-setting receipts, (27) total
on-budget outlays, (28) total off-budget outlays reported by
the Annual Report of the Board of Trustees of the Federal Old Age Survivor
Insurance Trust Fund and Federal Disability Insurance Trust Fund' and (29)
total outlays. Fictitious rows:
off-budget offsetting receipts, Other Defense-Civil Programs, Allowances, On
and Off Budget Independent Agencies, Off-budget Undistributed Offsetting
Receipts, International Assistance Programs [added to State above], and novel
Infrastructure Improvement rows need to be deleted.
(D) Undistributed offsetting
receipts are agency revenues remaining from the previous year, that are used to
pay for the following year budget, to reduce outlays by the General Fund. Only
five agency budget justifications produce reliable undistributed offsetting
receipts, the Departments of Defense, Education, Health and Human Services,
Interior and Corp of Engineers – Civil Programs. The Department of Agriculture produces
undistributed offsetting receipts, declared as rescission, to redress the
accounting irregularities in their favor, moving on from [loan and utility
program level] to SNAP overestimates more than large enough to sustain 3%
annual SNAP growth and pay for international agricultural assistance P.L.
480. Elementary and Secondary Education
and Medicaid declare Advance Appropriations in their budget tables, with explanation
that these savings are used to pay for the difference between the school year
and the fiscal year and to pay for the beginning of the next year medical
claims. The Corp of Engineers – Civil
Programs budget vacillates between the sound financial strategy of openly
declaring precisely $1 billion in undistributed offsetting receipts and total
incompetence, but having once made the declaration, predictably produces $1
billion undistributed offsetting receipts annually as the cornerstone of their
federal outlay total. The Departments of Defense and Interior budgets are
impaired by the failure to openly declare undistributed offsetting receipts in
their budget overview. The Defense Department produces undistributed offsetting
receipts with the difference between the levy for total war and the total
outlays of the three military departments – Air Force, Army and Navy. The
Department of Interior turns a tidy profit in undistributed offsetting
receipts, with $11.7 billion in federal outlays, for the time being, and must
pay 2.5% growth for public land agencies and 3% growth for Indian Affairs.
Sec.
8 Automatic 3% Annual Raise for Low Income Beneficiaries and Workers
To end decades of attrition of
benefit purchasing power against 2.5% - 3% average annual consumer price
inflation since 1980, a 3% Cost of Living Adjustment (COLA) ruling, every year
inflation continues to run about 2.5% - 3% and the Trust Fund Ratio is greater
than 20%, is needed to provide all beneficiaries a 3% COLA pursuant to the
computation of benefits in Sec. 215(i) of the Social
Security Act under 42USC§415(i). The Iron Law of Wages states, that if wages
rise above subsistence level, they produce inflation, which in turn forces
wages down to subsistence level again. States and employers from time to make
estimates as to the minimum living wage so as to keep the standard of living of
the population above the poverty line. Engel’s Law anticipates that with rising
incomes, the share of expenditures for food and other products declines. Based
on surveys of families' budgets and expenditure patterns, that the income
elasticity of demand for food was relatively low. The resulting shift in
expenditures affects demand patterns and employment structures. Engel's Law
does not suggest that the consumption of food products remains unchanged as
income increases, it suggests that consumers increase their expenditures for
food products, in % terms. By increasing
low income wages and social security benefits 3% annually and salaries 1.5% -
2.5% labor budget with no net new employees, the poor will theoretically
ultimately cease to be poor and consumer price inflation will be quality and
quantity controlled, by the promotion of wages sufficient to afford the major
expenses of the worker’s family, for the duration of their life. To avoid layoffs due to
hyperinflationary increases in federal minimum wage, between decades of
neglect, and ensure earnings of low-income workers are competitive with
inflation in costs of family life, it is necessary to legislate an automatic 3%
increase in minimum wage, from $7.25 an hour 2009-2018 to '$7.50 in 2019 and 3%
more every year thereafter.' under 29USC§206(a)(1)(D).
Sec. 9 Labor Insurance
To repeal ‘Demonstration Projects’ and replace
it with ‘Maternity Protection’ at
Section 305 of the Social Security Act under 42USC§505.
(a)
To expedite the reemployment of mothers who have established a benefit year to
claim unemployment compensation under State law the Secretary of Labor shall
pay unemployment compensation for 14 weeks of Maternity Protection under International
Labor Organization (ILO) Convention No. 183 (2000).
(b) On production of a medical certificate,
stating the presumed date of childbirth, a woman shall be entitled to a period
of maternity leave of not less than 14 weeks. Cash benefits shall be provided
at a level which ensures that the woman can maintain herself and her child in
proper conditions of health and with a suitable standard of living.
(1)
Where a woman does not meet the conditions to qualify for cash benefits under
national laws and regulations or in any other manner consistent with national
practice, she shall be entitled to adequate benefits out of social assistance
funds, subject to the means test required for eligibility for such assistance,
from Temporary Assistance for Needy Families (TANF) under Sec. 404 of Title
IV-A of the Social Security Act under 42USC§604 et seq. and Supplemental
Security Income (SSI) Program for the Aged, Blind and Disabled under Sec. 1611
of Title XVI of the Social Security Act under 42USC§1382 et seq.
(2)
Medical benefits shall be provided for the woman and her child. Medical
benefits shall include prenatal, childbirth and postnatal care, as well as
hospitalization care when necessary.
(c)
Employers shall provide at least 3 weeks of paid leave annually to uphold the
Holiday with Pay ILO Convention No. 132 (1970) and Workers with Family
Responsibilities Convention No. 156 (1981). Employers shall provide up to 12
week of unpaid leave to care for the severe sickness of a child under the
Family and Medical Leave Act of February 5, 1993 (PL-303-3).
Sec. 10 Orphan Benefit
A. Insulin hyperinflation
must be reorganized with Medicaid prices to redress est. 50% death rate within
20 years of juvenile onset. Insulin dependent diabetes mellitus must be a
qualifying disability for SSI and Medicaid.
Furthermore, to sustain healthy DI and SSI program population growth
rates of about 1% and federally recognize the orphanage as an institution due
30% of an orphan’s benefit for the duration that they are in the care of an
orphanage. Orphans, including un-adopted
adults orphaned before the age of 18, shall be considered a qualifying
disability for a compassionate allowance.
An orphan is a child whose parents are dead or have
abandoned them permanently. Adults can also be referred to as orphan, or adult
orphans. However, those who reached adulthood before their parents died are
normally not called orphans; the term is generally reserved for children whose
parents have died while they are too young to support themselves. A reasonable allowance for the orphan shall paid from the
orphan’s disability, that increases with age until the debit card becomes their
candy, car and college savings at age 18. An orphan shall not automatically be
eligible for SSI if they are adopted or if parental rights have not been
terminated by final felony determination in Sec. 472 of Title IV of the Social
Security Act under
42USC§672.
1. In 2011, of the 73.7 million
children under the age of 18, 28% (20.6 million) lived with one parent, and 4%
of children lived with no parent. Approximately more than half of the children
living with no parents were living with grandparents. There are an estimated 428,000 children in foster care in
the United States in 2015 and that number is growing. 269,000 children entered
foster care and 243,000 exited. 55% are planned to be reunified with parents or
principal caregiver, 3% live with other relative, 26% are adopted, 3% stay in
long term foster care, 4% are emancipated, 3% guardianship, and 5% have not
established a case plan. 135,000 children are adopted in the United States each
year, 54,000 with child welfare agency involvement. Of the 111,000 waiting to
be adopted, 62,000 had their parental rights terminated that year. The
circumstances associated with the child's removal was neglect 61%, drug abuse
(parent) 34%, caretaker inability to cope 14%, physical abuse 12%, child
behavior problem 11%, housing 10%, parent incarceration 8%, alcohol abuse
(parent) 6%, abandonment 5%, sexual abuse 4%, drug abuse (child) 2%, child
disability 2%, relinquishment 1%, parent death 1%. and alcohol abuse (child) 0%
The reason for the discharge of 248,496 children is reunification with parents
or primary caregiver 51%, living with other relative 7%, adoption 23%,
emancipation 8%, transfer to another agency 2%, runaway 0.4%, death of child
0.1%. It is estimated that there are less than
111,000 orphans and 400,000 adult orphans of whom 50% would be eligible due to
economic circumstances at any given time.
2. The final estimates
of the SSA Division of the Actuary October 1949 was that there were a total of
3 million orphans, 6.3% of the under 18 population – 1.9 million paternal only
3.9%, 1.0 million maternal only 2.2% and 100,000 complete 0.2%. Orphaned
children age 14-17 were found in the Census survey to be half as frequently in
the labor force as all children of that age.
The proportion who were both at work and in school was substantially
greater among all children aged 14-7 than among orphans in these ages. Depending on their
circumstances adult orphans have even less social support and are believed to
suffer high levels of unemployment and low levels of education. Do not take advantage of a widow or an
orphan (Old Testament, Exodus 22:22). Leave your orphans; I will protect their
lives. Your widows too can trust in me (Old Testament, Jeremiah 49:11).
Religion that God our Father accepts as pure and faultless is this: to look
after orphans and widows in their distress and to keep oneself from being
polluted by the world (New Testament, James 1:27). And they feed, for the love
of God, the indigent, the orphan, and the captive (The Human: 8). Therefore,
treat not the orphan with harshness (The Quran, The Morning Hours: 9). Be good
to orphans and the very poor. And speak good words to people (The Quran, The
Heifer: 83). Give orphans their property, and do not substitute bad things for
good. Do not assimilate their property into your own. Doing that is a serious
crime (The Quran, The Women: 2).
Be it enacted in the House and Senate Assembled
This Message of the Public Trustees is
proposed to the Board of Trustees of the Federal Old Age Survivor Insurance
Trust Fund and Federal Disability Insurance Trust Fund, in response to two
vacancies reported in several Annual Reports. To fulfill the profit Tables are
labelled I-A,B etc., to be included below the 10 sections of Federal Insurance
Contributions Adjustment Act, in the beginning of the Annual Report, followed
by the usual Annual OASDI report, and ending with the full-length Annual Report
of Supplemental Security Insurance Program, in pursuit of amendment of the due
date from April 1 to June 20-21, the summer solstice, under Sec. 1161 of the
Social Security Act under 42USC§1320c-10. The 2017 and 2018 Annual Reports
agree to overestimate OASI outlay growth. Under the Trustees’ intermediate
assumptions, Social Security’s total cost is projected to exceed its total
income in 2018 for the first time since 1982, and remain higher throughout the
projection period, as the result of this 6% overestimation of OASI outlays in
2018. 2018 OASI outlays should be 5% more than 2017 with a 2.0% COLA in 2018,
due to 2.4% OASI population growth and 0.6% increase for full retirement
benefits of the Baby Boomer generation. OASI outlays should increase 6%
annually with a 3% COLA. This is sustained by 6.5% average annual payroll tax
revenue growth 2018, 8% if the immigrants and rich are taxed, not including 30%
the year Sec. 230 of the Social Security Act is repealed under 42USC§430. The
2018 combined OASDI deficit is a figment of the unnecessary OASI deficit. Let
us then calculate a tax rate that would eliminate this 2018 OASI deficit,
without incurring a deficit in the smaller DI trust fund, to the satisfaction
of the Senate under 2USC§642. The 2.0% DI tax rate appeals to the combined
deficit incurred by the 1% OASI outlay overestimate. Do not be deceived. The
effective DI tax rate is 2.1% (2018) to amend Sec. 201(b)(1)(T) of the Social Security Act under
42USC§401(b)(1)(T).
Table I.A1OASDI
Trust Funds 2018
(billions)
|
12.4 Tax |
Total Revenues |
Tax Revenues |
GF Reimbursement |
Tax on Benefits |
Net interest (3%) |
Total |
Scheduled Benefits |
Administrative Costs |
R&R Interchange |
Net Increase end of year |
Assets at end of Yer |
Trust fund Ratio |
|
2018 |
1,001.1 |
883.4 |
0 |
34.6 |
83.2 |
1,002.8 |
991.8 |
6.2 |
4.9 |
-1.7 |
2,890.1 |
288 |
|
2.37 |
172.9 |
168.8 |
0 |
1.5 |
2.6 |
149.3 |
146.3 |
2.8 |
.2 |
23.7 |
95.2 |
48 |
|
10.03 |
828.2 |
714.5 |
0 |
33.1 |
80.6 |
853.6 |
845.5 |
3.3 |
4.7 |
-25.4 |
2,794.9 |
330 |
|
2018 |
1,001.1 |
883.4 |
0 |
34.6 |
83.2 |
995.9 |
984.9 |
6.2 |
4.9 |
5.2 |
2,897 |
290 |
|
2.37 |
172.9 |
168.8 |
0 |
1.5 |
2.6 |
149.3 |
146.3 |
2.8 |
0.2 |
23.6 |
95.1 |
48 |
|
10.03 |
828.2 |
714.5 |
0 |
33.1 |
80.6 |
846.6 |
838.6 |
3.3 |
4.7 |
-18.4 |
2,801.9 |
333 |
|
2018 |
1,001.2 |
883.4 |
0 |
34.6 |
83.2 |
995.9 |
984.9 |
6.2 |
4.9 |
5.3 |
2,897.1 |
290 |
|
2.1 |
153.7 |
149.6 |
0 |
1.5 |
2.6 |
149.3 |
146.3 |
2.8 |
0.2 |
4.4 |
75.9 |
48 |
|
10.3 |
847.5 |
733.8 |
0 |
33.1 |
80.6 |
846.6 |
838.6 |
3.3 |
4.7 |
0.9 |
2,821.2 |
333 |
Source:
2017 & 2018 Annual Report of the Board of Trustees of the Federal Old-Age
and Survivors Insurance and Federal Disability Insurance Trust Funds
I am a disability beneficiary saving for a
retirement home. I turned 44 on August 11. The anti-smoke fog cleared long
enough to observe dozens of meteors an hour, an eclipse and whales. This year
ends my age of lowest incidence of disability 40-44. This message is designed
to be as easy as possible to edit every year by the summer solstice. It is much
easier to get it right the second time. Civil action: prior emails to the
Actuary regarding adjustment of the tax rates instantly incited an unstopped
Israeli genocide on Palestinians, black bears complaining about square miles of
National Forest littered with slash piles that need to be destroyed and
National Park repossessing their picnic table, free campground and trail to
electricity and encrypted wifi. Exit stage left, land
represented by bookstore and information center. 30 or 75 mile walk to buy a
cheap tent before the fall. Life work complete (Job 1:1). I may hitch a ride on
the first whale who comes to baptize me (Jonah 2: 3- 10, 3: 8). I practiced my
signature at the Food Bank and can mail it on a postcard, to be scanned into
the draft of the 2019 Annual Report, that contains this message, after it is
emailed to me to review for internal consistency. In return for being the first
person able to perform the OASDI tax rate adjustment and balance the federal
budget, in a long time, I am asking for a once-in-a-lifetime promotion from
$693 (2018) to $2,000 (2019) a month, and either full repayment of my student
loans or tax exempt status for accepting less than the minimum taxable benefit
and forgoing other income, by applying for Public Trustee under
24USC§422(d)(1).
The first task of the combined Annual Report
of the Social Security Administration is to calculate the total number of
Social Security beneficiaries from the estimates provided in the Annual Report
of the OASDI Trustees and 2018 Annual Report of the SSI Program. The Trustees
overestimate Baby Boomer growth after the Baby Boomers nearly depleted the
smaller DI trust fund 2009-2015, seems the only reason that the 2018 actual
surplus of the combined OASDI trust funds declares an actuarial deficit. If the
trustees learned to slightly overestimate OASI population growth at 3% there
would be no deficit. In the six years between 2010 and 2016 average annual OASI
population growth was 2.4%. 2017 OASI population growth was overestimated in
the 2017 Report at 2.8% growth to 51.7 million, and was reduced to 51.5
million, 2.4% growth, in the 2018 Report. Current year 2018 overestimates 2.9%
population growth and 2.4% is probably a more reasonable estimate of annual
OASI population growth until 2020. Outlay growth overestimates should resolve
equal to 3% COLA + 2.4% population growth + 0.6% full retirement of the Baby
Boomers = 6%, in the future, 5% with a 2.0% COLA in 2018. The DI population has
declined from a high of 11 million in 2013 to 10.4 million in 2017. The
Trustees zero growth policy expects net DI population to stay at 10.4 million
until 2020. It is highly advised that net DI population be expected to grow 1%
annually because there is no shortage of adult orphans and low-income workers
disabled by child care. Under normal circumstances the SSI program population
would need to be re-assured of an orphan benefit to grow 1%. The tax on the
rich increases the population 225% the first year, 22% the second year, 2% the
third year and 1% thereafter. To prove that OASI overestimation has been an
issue since 2016, 2017 and 2018 are displayed from left to right, 2017 and 2018
Annual Report, followed by the usual 2.4% OASI population growth, 1% DI and SSI
rate projection. 2019 and 2020 compare estimates from the 2018 report with the
2.4% OASI, 1% DI and SSI growth rate and 225% increase in SSI if the rich are
taxed.
Table
I.B1 Social Security Beneficiaries in Current-Payment Status 2016-2020
|
Benefits |
2016 |
2017 |
2017 |
2018 |
2018 |
2018 |
2019 |
2019 |
2019 |
2019 tax |
2020 |
2020 |
2020 tax |
|
OASI |
50.3 |
51.7 |
51.5 |
53.0 |
52.9 |
52.7 |
54.5 |
54.4 |
54.0 |
54.0 |
56.0 |
55.3 |
55.3 |
|
DI |
10.6 |
10.6 |
10.4 |
10.8 |
10.4 |
10.4 |
10.8 |
10.4 |
10.5 |
10.8 |
10.4 |
10.6 |
10.6 |
|
SSI |
8.1 |
8.1 |
8.1 |
8.1 |
8.1 |
8.0 |
8.0 |
8.0 |
8.1 |
18.2 |
8.0 |
8.2 |
22.8 |
|
Total |
69.0 |
70.4 |
70.0 |
71.9 |
71.4 |
71.1 |
73.3 |
72.8 |
72.6 |
83 |
74.4 |
74.1 |
88.7 |
|
Workers |
171 |
173 |
173 |
174 |
174 |
174 |
175 |
175 |
175 |
175 |
176 |
176 |
176 |
|
Ratio |
2.48 |
2.46 |
2.47 |
2.42 |
2.42 |
2.45 |
2.39 |
2.40 |
2.41 |
2.11 |
2.37 |
2.38 |
1.98 |
Source:
2017 Annual Report of the Board of Trustees of the Federal Old Age Survivor
Insurance Trust Fund and Federal Disability Insurance Trust Fund pg. 130-131;
2017 Annual Report of the Supplemental Security Income Program, pg. 43; 2018 Annual Report of the Board of Trustees of the Federal Old Age Survivor
Insurance Trust Fund and Federal Disability Insurance Trust Fund pg. 130, 139
Social Security must pay a 3% Cost-of-living
adjustment (COLA), every year inflation runs between 2.5%-3%, and the combined
trust fund ratio is greater than 20%. Inability of the Board of Trustees to
adjust the OASDI tax rate is not an excuse, nor is a contrived actuarial
deficit in 2018 or at some time in the future. A 3% COLA would create
mathematically improving circumstances, whereby over a period of time, instead
of becomingly increasingly unable to pay the bills, beneficiary purchasing
power would steadily improve and they would be secure in the knowledge that
they will ultimately cease to be poor. Inflation dangerously impoverishes and
depletes the savings of many lower income social security beneficiaries and
minimum wage workers, because expenses grow at a faster rate than the annual
COLA or federal minimum wage. Beneficiaries cannot afford the homes and
lifestyles they once could on their initial determination. Unless SSA adopts a
3% COLA, although salaried bureaucrats get only 1.5%-2.5% raise with no net new
employees, beneficiaries will continue get poorer for the rest of their life,
due to misinterpretation of the effective counter-hyper-inflationary
computation of benefits law in Sec. 215(i) of the
Social Security Act under 42USC§415(i). Lower-income
workers, especially those with expensive children, need to legislate an
automatic 3% annual increase in federal minimum wage under 29USC§206(a)(1)(D).
Furthermore, having enough money to end child poverty 2020 by taxing the rich
2019, it is necessary to make rules to avoid unnecessarily subsidizing middle
class families with more benefits than the 14 weeks the unemployment insured
mother is entitled to by law. 4 million women give birth to 4 million United
States citizens annually. Families who are dependent on the mother's income are
extremely impoverished by her medically proven inability to work after going
into labor. 14 weeks is an internationally accepted amount of paid leave for
obstetric and maternity care under ILO Convention 183 (2000). Congress is
advised to amend ‘Demonstration Projects’ to ‘Maternity Protection’ at Sec. 305
of the Social Security Act under 42USC§505, to relieve the short term benefits
of insuring middle class maternity protection under ILO Convention 183 (2000),
from the five year Temporary Assistance for Needy Families (TANF) program under
Sec. 404 of Title IV of the Social Security Act under 42USC§604 and until 18
child benefit of the Supplemental Security Income (SSI) Program for the Aged,
Blind and Disabled under Sec. 1611 of Title XVI of the Social Security Act
under 42USC§1382.
The Federal Insurance Contributions Act for the 12.4% Old Age
Survivor Disability Insurance (OASDI) Trust Fund is established as a 6.2% OASDI
tax and 1.45% HI tax + 0.9% tax on high incomes, that is collected by the
employer of the taxpayer under 26USC§3101. There is imposed on employers a 6.2%
OASDI + 1.45% HI tax under 26USC§3111. The DI tax rate must be adjusted by
Congress in Sec. 201(b)(1)(T) of the Social Security Act under
42USC§401(b)(1)(T). The temporary 2.37% DI rate CY 2016-2018 expires January 1,
2018. The 1.8% DI tax rate in Sec. 201(b)(1)(T) of the Social Security Act
under 42USC§401(b)(1)(T) must be repealed and can be replaced for the next few
years with either 2.1% DI tax, or 2.0% DI tax if OASI pays $240.4 billion for
damages to acceptable 2.5% trust fund growth incurred during the years
2009-2015. The three year congressional budget request
seems to be the most efficient method of expressing the social security
operation to tax the rich to end poverty by 2020 by repealing the Adjustment of
the contribution and benefit base under Section 230 of the Social Security Act
42USC§430 and replacing it with 'There is created in the Treasury a
Supplemental Security Income Trust Fund'.
The taxable wage base for the OASDI Trust Funds is less than the HI
tax, due to the $127,200 maximum taxable limit in 2017. Taxing the rich to end
child poverty by 2020 and all poverty by 2030 would increase the OASDI tax base
an estimated 30%. To accommodate the month-long task of performing the OASDI
tax rate calculation, that the Board of Trustees has been unable to perform
since 2000, although it became necessary during the peak incidence of
disability of the Baby Boomer generation 2011-2016, it is typically no longer
required for Congress to amend to laws pertaining to the distribution of the
12.4% OASDI tax, with one exception Sec. 201(b)(1)(T) Social Security Act under
42USC§401(b)(1)(T) that has already preemptively been abused with a reversion
to the 1.8% DI tax rate, and must be amended by Congress, before the Bipartisan
Budget Act expires January 1, 2019, or they will begin to damage the DI trust
fund again. Under current law, there will be a DI deficit
the instant the 2.37% DI tax rate of the Bipartisan Budget Act reverts to 1.8%
in 2019 and then in 2023, a combined OASDI deficit is expected. A DI deficit
can be avoided with a 2.1% DI 10.3% OASI tax rate in 2019, or a 2.0% DI 10.4%
OASI tax and $240 billion transfer from OASI to restore the DI trust fund ratio
as if negligence to adjust the OASDI tax rate had not occurred. The 2.37% DI 10.03% OASI
tax rate of the Bipartisan Budget Act improved the DI
Trust Fund ratio improved from a low of 22% in 2016 to 48% in 2018 but expires January 1, CY 19.
of Board of Trustees to do the OASDI tax rate calculus must not, and Congress's
unwillingness to tax the rich should not, but might eventually, impair the 3%
Cost-of-living adjustment (COLA) low income beneficiaries need to compete with
2.5%-3% average annual inflation since 1980, provided the combined OASDI trust
fund ratio is greater than 20%, for tax bracket abiding bureaucrats to rightly
reinterpret low income benefit growth in Sec. 215(i)
of the Social Security Act under 42USC§415(i).
It is necessary for the Board of Trustees to learn to
accurately calculate the payroll tax distribution estimates at different rates
to justify the OASDI tax rate for the next year and make amends for prior
maldistribution. To make matters more difficult, by agreeing to do everything
right, the next step of accounting for the SSI trust fund with a portion of the
12.4% tax creates a third ratio to crunch. This operation becomes so difficult
it can only be done in the four row per year trust fund operation table, with a
copy of the prior year on the side to calculate net interest and trust fund
ratio. The product of the DI, OASI or SSI tax rate, divided by the 12.4%
combined tax rate, times the combined payroll tax revenues, equals the payroll
revenues, for the trust fund in question. When determining the exact tax rate,
unlike pi, it is necessary to compare the effect of the payroll tax revenues at
several rates rounded to the law upon the total revenues, net interest income,
assets at end of year, and trust fund ratio of the OASI and DI trust funds.
Every year takes more than an hour. Verify the accuracy by adding the OASI and
DI estimates to equal the combined total they were derived from. The Trust Fund
ratio is calculated to determine what percentage of current year costs the
trust fund ending balance of the previous year could afford. Compare estimates,
determine high and low limits to achieve desired yield. To being the learning
process, $240 billion damages caused by the inability of the Board of Trustees
to adjust the DI tax rate to minimally afford the age of high rate of
disability for the Baby Boomer generation 2009-2015 and 2.5% asset growth, are
assessed respectively.
Table I.C1 OASDI Tax Rate Settlement 2009-2015
(billions)
|
Year |
Total Revenues |
Tax Revenues |
GF Reimbursement |
Tax on Benefits |
Net interest |
Total |
Scheduled Benefits |
Administrative Costs |
R&R Interchange |
Net increase end of year |
Assets at end of Yer |
Trust fund Ratio |
|
2008 |
805.3 |
672.1 |
0 |
16.9 |
116.3 |
625.1 |
615.3 |
5.7 |
4.0 |
180.2 |
2,419 |
358 |
|
1.8 |
109.8 |
97.6 |
0 |
1.3 |
11.0 |
109.0 |
106.0 |
2.5 |
0.4 |
0.9 |
215.8 |
197 |
|
10.6 |
695.5 |
574.6 |
0 |
15.6 |
105.3 |
516.2 |
509.3 |
3.2 |
3.6 |
179.3 |
2,203 |
392 |
|
2009 |
807.6 |
667.3 |
0 |
21.9 |
118.4 |
685.8 |
675.5 |
6.2 |
4.1 |
121.8 |
2,541 |
353 |
|
1.8 |
109.4 |
96.9 |
0 |
2.0 |
10.5 |
121.5 |
118.3 |
2.7 |
0.4 |
-12.1 |
203.6 |
178 |
|
10.6 |
698.2 |
570.4 |
0 |
19.9 |
107.9 |
564.3 |
557.2 |
3.4 |
3.7 |
133.9 |
2,337 |
390 |
|
2009 |
807.6 |
667.3 |
0 |
21.9 |
118.4 |
685.7 |
675.5 |
6.1 |
4.1 |
121.9 |
2,541 |
353 |
|
2.03 |
121.8 |
109.3 |
0 |
2.0 |
10.5 |
121.5 |
118.3 |
2.7 |
0.4 |
0.0 |
215.8 |
168 |
|
10.37 |
685.8 |
558.0 |
0 |
19.9 |
107.9 |
564.3 |
557.2 |
3.4 |
3.7 |
121.5 |
2,325 |
390 |
|
2009 |
807.6 |
667.3 |
0 |
21.9 |
118.4 |
685.7 |
675.5 |
6.1 |
4.1 |
121.9 |
2,541 |
353 |
|
2.13 |
127.1 |
114.6 |
0 |
2.0 |
10.5 |
121.5 |
118.3 |
2.7 |
0.4 |
5.4 |
221.2 |
168 |
|
2010 |
781.2 |
637.3 |
2.4 |
24.0 |
117.5 |
712.5 |
701.6 |
6.5 |
4.4 |
68.6 |
2,610 |
357 |
|
1.8 |
104.0 |
92.5 |
0.4 |
1.9 |
9.3 |
127.7 |
124.2 |
3.0 |
0.5 |
-23.6 |
180.0 |
159 |
|
10.6 |
677.1 |
544.8 |
2.0 |
22.1 |
108.2 |
584.9 |
577.4 |
3.5 |
3.9 |
92.2 |
2,429 |
400 |
|
2010 |
781.1 |
637.3 |
2.4 |
24.0 |
117.4 |
712.5 |
701.6 |
6.5 |
4.4 |
68.6 |
2,610 |
357 |
|
2.25 |
127.9 |
115.6 |
0.4 |
1.9 |
10.0 |
127.7 |
124.2 |
3.0 |
0.5 |
0.2 |
216.0 |
169 |
|
10.15 |
653.2 |
521.7 |
2.0 |
22.1 |
107.4 |
584.9 |
577.4 |
3.5 |
3.9 |
68.3 |
2,393 |
398 |
|
2010 |
781.1 |
637.3 |
2.4 |
24.0 |
117.4 |
712.5 |
701.6 |
6.5 |
4.4 |
68.6 |
2,610 |
357 |
|
2.35 |
133.4 |
120.9 |
0.4 |
1.9 |
10.2 |
127.7 |
124.2 |
3.0 |
0.5 |
5.5 |
226.7 |
173 |
|
10.05 |
647.8 |
516.5 |
2.0 |
22.1 |
107.2 |
584.9 |
577.4 |
3.5 |
3.9 |
62.9 |
2,383 |
397 |
|
12.4 Tax |
Total Revenues |
Tax Revenues |
GF Reimbursement |
Tax on Benefits |
Net interest (3.0) |
Total |
Scheduled Benefits |
Administrative Costs |
R&R Interchange |
Net increase end of year |
Assets at end of Yer |
Trust fund Ratio |
|
2011 |
805.1 |
564.2 |
102.7 |
23.8 |
114.4 |
736.1 |
725.1 |
6.4 |
4.6 |
69.0 |
2,678 |
354 |
|
1.8 |
106.3 |
81.9 |
14.9 |
1.6 |
7.9 |
132.3 |
128.9 |
2.9 |
0.5 |
-26.1 |
153.9 |
136 |
|
10.6 |
698.8 |
482.4 |
87.8 |
22.2 |
106.5 |
603.8 |
596.2 |
3.5 |
4.1 |
95.0 |
2,524 |
402 |
|
2011 |
805.1 |
666.9 |
0 |
23.8 |
114.4 |
736.1 |
725.1 |
6.4 |
4.6 |
69.0 |
2,679 |
354 |
|
2.25 |
132.1 |
121.0 |
0 |
1.6 |
9.5 |
132.3 |
128.9 |
2.9 |
0.5 |
-0.2 |
215.8 |
163 |
|
10.15 |
673.0 |
545.9 |
0 |
22.2 |
104.9 |
603.8 |
596.2 |
3.5 |
4.1 |
69.2 |
2,462 |
396 |
|
2011 |
805.1 |
666.9 |
0 |
23.8 |
114.4 |
736.1 |
725.1 |
6.4 |
4.6 |
69.0 |
2,678 |
354 |
|
2.36 |
138.0 |
126.7 |
0 |
1.6 |
9.7 |
132.3 |
128.9 |
2.9 |
0.5 |
5.7 |
232.4 |
167 |
|
10.04 |
666.8 |
540.1 |
0 |
22.2 |
104.5 |
603.8 |
596.2 |
3.5 |
4.1 |
63.0 |
2,446 |
395 |
|
12.4 Tax |
Total Revenues |
Tax Revenues |
GF Reimbursement |
Tax on Benefits |
Net interest (3.0) |
Total |
Scheduled Benefits |
Administrative Costs |
R&R Interchange |
Net increase end of year |
Assets at end of Yer |
Trust fund Ratio |
|
2012 |
840.2 |
589.5 |
114.3 |
27.3 |
109.1 |
785.8 |
774.8 |
6.3 |
4.7 |
54.4 |
2,732 |
341 |
|
1.8 |
109.1 |
85.6 |
16.5 |
0.6 |
6.4 |
140.3 |
136.9 |
2.9 |
0.5 |
-31.2 |
122.7 |
110 |
|
10.6 |
731.1 |
503.9 |
97.7 |
26.7 |
102.8 |
645.5 |
637.9 |
3.4 |
4.1 |
85.6 |
2,610 |
391 |
|
2012 |
840.2 |
703.8 |
0 |
27.3 |
109.1 |
785.8 |
774.8 |
6.3 |
4.6 |
54.4 |
2,732 |
341 |
|
2.31 |
140.5 |
131.1 |
0 |
0.6 |
8.8 |
140.3 |
136.9 |
2.9 |
0.5 |
0.2 |
216.0 |
154 |
|
10.09 |
699.7 |
572.7 |
0 |
26.7 |
100.3 |
645.5 |
637.9 |
3.4 |
4.1 |
54.2 |
2,516 |
381 |
|
2012 |
840.2 |
703.8 |
0 |
27.3 |
109.1 |
785.8 |
774.8 |
6.3 |
4.6 |
54.5 |
2,733 |
341 |
|
2.39 |
145.8 |
135.7 |
0 |
0.6 |
9.5 |
140.3 |
136.9 |
2.9 |
0.5 |
5.5 |
237.9 |
166 |
|
10.01 |
694.4 |
568.1 |
0 |
26.7 |
99.6 |
645.5 |
637.9 |
3.4 |
4.1 |
48.9 |
2,495 |
379 |
|
12.4 Tax |
Total Revenues |
Tax Revenues |
GF Reimbursement |
Tax on Benefits |
Net interest (3.0) |
Total |
Scheduled Benefits |
Administrative Costs |
R&R Interchange |
Net increase end of year |
Assets at end of Year |
Trust fund Ratio |
|
2013 |
855.0 |
726.2 |
4.9 |
21.1 |
102.8 |
822.9 |
812.3 |
6.2 |
4.5 |
32.1 |
2,765 |
332 |
|
1.8 |
111.2 |
105.4 |
0.7 |
0.4 |
4.7 |
143.4 |
140.1 |
2.8 |
0.6 |
-32.2 |
90.4 |
86 |
|
10.6 |
743.8 |
620.8 |
4.2 |
20.7 |
98.1 |
679.5 |
672.1 |
3.4 |
3.9 |
64.3 |
2,674 |
384 |
|
2013 |
855.0 |
726.2 |
4.9 |
21.1 |
102.8 |
822.9 |
812.3 |
6.2 |
4.5 |
32.1 |
2,766 |
332 |
|
2.30 |
143.9 |
134.7 |
0.7 |
0.4 |
8.1 |
143.4 |
140.1 |
2.8 |
0.6 |
0.5 |
216.5 |
151 |
|
10.1 |
711.1 |
591.5 |
4.2 |
20.7 |
94.7 |
679.5 |
672.1 |
3.4 |
3.9 |
31.6 |
2,548 |
370 |
|
2013 |
855.0 |
726.2 |
4.9 |
21.1 |
102.8 |
822.9 |
812.3 |
6.2 |
4.5 |
32.1 |
2,765 |
332 |
|
2.45 |
149.4 |
143.6 |
0.7 |
0.4 |
8.9 |
143.4 |
140.1 |
2.8 |
0.6 |
6.0 |
243.9 |
166 |
|
9.95 |
705.6 |
582.6 |
4.2 |
20.7 |
93.9 |
679.5 |
672.1 |
3.4 |
3.9 |
26.1 |
2,521 |
367 |
|
12.4 Tax |
Total Revenues |
Tax Revenues |
GF Reimbursement |
Tax on Benefits |
Net interest (3.0) |
Total |
Scheduled Benefits |
Administrative Costs |
R&R Interchange |
Net increase end of year |
Assets at end of Yer |
Trust fund Ratio |
|
2014 |
884.3 |
756.0 |
0.5 |
29.6 |
98.2 |
859.2 |
848.5 |
6.1 |
4.7 |
25.0 |
2,790 |
322 |
|
1.8 |
114.9 |
109.7 |
0.1 |
1.7 |
3.4 |
145.1 |
141.7 |
2.9 |
0.4 |
-30.2 |
60.2 |
62 |
|
10.6 |
769.4 |
646.2 |
0.4 |
28.0 |
94.8 |
714.2 |
706.8 |
3.1 |
4.3 |
55.2 |
2,729 |
374 |
|
2014 |
884.4 |
756.0 |
0.5 |
29.6 |
98.2 |
859.2 |
848.5 |
6.1 |
4.7 |
25.2 |
2,790 |
322 |
|
2.23 |
145.5 |
136.0 |
0.1 |
1.7 |
7.7 |
145.1 |
141.7 |
2.9 |
0.4 |
0.4 |
216.9 |
149 |
|
10.17 |
738.9 |
620.0 |
0.4 |
28.0 |
90.5 |
714.2 |
706.8 |
3.1 |
4.3 |
24.7 |
2,573 |
357 |
|
2014 |
884.4 |
756.0 |
0.5 |
29.6 |
98.2 |
859.2 |
848.5 |
6.1 |
4.7 |
25.2 |
2,790 |
322 |
|
2.31 |
151.3 |
140.8 |
0.1 |
1.7 |
8.7 |
145.1 |
141.7 |
2.9 |
0.4 |
6.2 |
250.2 |
168 |
|
10.09 |
733.1 |
615.2 |
0.4 |
28.0 |
89.5 |
714.2 |
706.8 |
3.1 |
4.3 |
18.9 |
2,540 |
353 |
|
12.4 Tax |
Total Revenues |
Tax Revenues |
GF Reimbursement |
Tax on Benefits |
Net interest (3.0) |
Total |
Scheduled Benefits |
Administrative Costs |
R&R Interchange |
Net increase end of year |
Assets at end of Yer |
Trust fund Ratio |
|
2015 |
920.2 |
794.9 |
0.3 |
31.6 |
93.3 |
897.1 |
886.3 |
6.2 |
4.7 |
23.0 |
2,813 |
311 |
|
1.8 |
118.6 |
115.4 |
0 |
1.1 |
2.1 |
146.6 |
143.4 |
2.8 |
0.4 |
-28.0 |
32.3 |
41 |
|
10.6 |
801.6 |
679.5 |
0.3 |
30.6 |
91.2 |
750.5 |
742.9 |
3.4 |
4.3 |
51.1 |
2,780 |
364 |
|
2015 |
920.2 |
794.9 |
0.3 |
31.6 |
93.3 |
897.1 |
886.3 |
6.2 |
4.7 |
23.1 |
2,813 |
311 |
|
2.24 |
146.8 |
143.6 |
0 |
1.1 |
7.3 |
146.6 |
143.4 |
2.8 |
0.4 |
0.2 |
216.1 |
148 |
|
10.16 |
773.4 |
651.3 |
0.3 |
30.6 |
86.0 |
750.5 |
742.9 |
3.4 |
4.3 |
22.9 |
2,607 |
343 |
|
2015 |
920.2 |
794.9 |
0.3 |
31.6 |
93.3 |
897.1 |
886.3 |
6.2 |
4.7 |
23.1 |
2,813 |
311 |
|
2.24 |
153.1 |
143.6 |
0 |
1.1 |
8.4 |
146.6 |
143.4 |
2.8 |
0.4 |
6.5 |
256.7 |
171 |
|
10.16 |
767.1 |
651.3 |
0.3 |
30.6 |
84.9 |
750.5 |
742.9 |
3.4 |
4.3 |
16.6 |
2,557 |
338 |
Source: 2017 Annual Report
of the Board of Trustees of the OASDI Trust Funds
It is estimated that OASI must transfer to the DI trust
fund $224.4 billion plus 2.5% annual interest to $240.4 billion, as if the
OASDI tax rate had been adjusted right to accommodate the age of high rate of
disability of the Baby Boomer generation, that nearly nearly
depleted the fund 2009-2015. After a three year fascination with the zero
growth Cost of Living Adjustment (COLA) $672 SSI (2009-2011) Congress
intervened ineffectively. The weight of gold which
came in to Solomon in one year was 666 talents of gold (1 Kings 10:14)(2 Chronicles 9:13). He who has an ear, let him hear.
If anyone is to go into captivity, into captivity he will go. If anyone is to
be killed with the sword, with the sword he will be killed. This calls for
patient endurance and faithfulness on the part of the saints for forty-two
months…He also forced everyone great and small, rich and poor, free and slave,
to receive a mark on his right hand or on his forehead, so that no one could
buy or sell unless he had the mark which is the name of the beast or the number
of his name, This calls for wisdom. If anyone has
insight, let him calculate the number of the beast, for it is man’s number. His
number is 666 (Revelation 13:9, 10 & 16-18). O Prophet! why do you forbid
(yourself) that which Allah has made lawful for you; you seek to please your
wives; and Allah is Forgiving, Merciful (The Prohibition 66:1). O you who
believe! save yourselves and your families from a fire whose fuel is men and
stones; over it are angels stern and strong, they do not disobey Allah in what
He commands them, and do as they are commanded (The Prohibition 66:6). Thy
people called it a lie, and yet it is the truth. Say, I have not charge over
you; to every prophecy is a set time, and in the end ye shall know (Cattle 6:66).
Say: Come I will recite what your Lord has forbidden to you-- (remember) that
you do not associate anything with Him and show kindness to your parents, and
do not slay your children for (fear of) poverty-- We provide for you and for
them-- and do not draw nigh to indecencies, those of them which are apparent
and those which are concealed, and do not kill the soul which Allah has
forbidden except for the requirements of justice; this He has enjoined you with
that you may understand (Cattle 6:151).
The Social Security Caucus
of 2011 publicly outlawed benefit cuts without privately redressing them. The
Democratic Congress and President, then attempted to make law. Public Law 111-147 exempted most employers
from paying the employer share of OASDI payroll tax on wages paid during the
period March 19, 2010 through December 31, 2010 to certain qualified
individuals hired after February 3, 2010. Public Law 111-312, Public Law
112-78, and Public Law 112-96 reduced the OASDI payroll tax rate for 2011 and
2012 by 2 percentage points for employees and for self-employed workers. These
laws require that the General Fund of the Treasury reimburse the OASI and DI
Trust Funds for these temporary reductions in 2010, 2011, and 2012 payroll tax
revenue, in order to “replicate to the extent possible” revenue that would have
been received if the combined employee/employer payroll tax rates had remained
at 12.4 percent for OASDI. During 2011 was the peak of the spending for the
disability of the Baby Boomers when a 2.7% DI 9.7% OASI tax rate and 2012 when
2.8% DI 9.6% OASI tax rates was needed. The DI tax rate must be adjusted by
Congress in Sec. 201(b)(1)(T) of the Social Security Act under
42USC§401(b)(1)(T). The temporary 2.37% DI rate CY 2016-2018 expires January 1,
2018. The 1.8% DI tax rate in Sec. 201(b)(1)(T) of the Social Security Act
under 42USC§401(b)(1)(T) must be repealed and can be replaced for the next few
years with either 2.1% DI tax, or 2.0% DI tax if OASI pays $240.4 billion for
damages to acceptable 2.5% trust fund growth incurred during the years
2009-2015, to
afford a 3.4% COLA and improve the trust fund ratio in the intermediate
projection.
Table
I.C2 Bipartisan Budget Act 2016-2018
|
12.4 Tax |
Total Revenues |
Tax Revenues |
GF Reimbursement |
Tax on Benefits |
Net interest (3%) |
Total |
Scheduled Benefits |
Administrative Costs |
R&R Interchange |
Net Increase end of year |
Assets at end of Yer |
Trust fund Ratio |
|
2016 |
957.5 |
836.2 |
.1 |
32.8 |
88.4 |
922.3 |
911.4 |
6.2 |
4.7 |
35.2 |
2,847.7 |
305 |
|
2.37 |
160.0 |
157.4 |
1.2 |
1.4 |
145.9 |
142.8 |
2.8 |
.4 |
14.1 |
46.3 |
22 |
|
|
10.03 |
797.5 |
678.8 |
.1 |
31.6 |
87.0 |
776.4 |
768.6 |
3.5 |
4.3 |
51.0 |
2,780.3 |
364 |
|
2017 |
996.6 |
873.6 |
37.9 |
85.1 |
952.5 |
941.5 |
6.5 |
4.5 |
44.1 |
2,891.8 |
299 |
|
|
2.37 |
171.0 |
167.1 |
2.0 |
1.9 |
145.8 |
142.8 |
2.8 |
.2 |
25.1 |
71.5 |
32 |
|
|
10.03 |
825.6 |
706.5 |
35.9 |
83.2 |
806.7 |
798.7 |
3.7 |
4.3 |
19.0 |
2,820.3 |
347 |
|
|
2018 |
1,001.1 |
883.4 |
34.6 |
83.1 |
1,002.8 |
991.8 |
6.2 |
4.9 |
-1.7 |
2,890.1 |
288 |
|
|
2.37 |
172.9 |
168.8 |
1.5 |
2.6 |
149.3 |
146.3 |
2.8 |
.2 |
23.7 |
95.2 |
48 |
|
|
10.03 |
828.2 |
714.5 |
33.1 |
80.6 |
853.6 |
845.5 |
3.3 |
4.7 |
-25.4 |
2,794.9 |
330 |
|
|
2018 |
1,001.2 |
883.4 |
0 |
34.6 |
83.2 |
995.9 |
984.9 |
6.2 |
4.9 |
5.3 |
2,897.1 |
290 |
|
2.1 |
153.7 |
149.6 |
0 |
1.5 |
2.6 |
149.3 |
146.3 |
2.8 |
0.2 |
4.4 |
75.9 |
48 |
|
10.3 |
847.5 |
733.8 |
0 |
33.1 |
80.6 |
846.6 |
838.6 |
3.3 |
4.7 |
0.9 |
2,821.2 |
333 |
Source:
2017 & 2018 Annual Report of the Board of Trustees of the Federal Old-Age and
Survivors Insurance and Federal Disability Insurance Trust Funds
The 2.37% DI tax of the Bipartisan Budget increased the DI Trust
Fund balance at year end from $32.3 billion in 2015 to $46.3 billion in 2016
when the trust fund ratio reached a low of 22%. By the end of 2018 the DI trust
fund is estimated to recoup $95.2 billion in savings and a trust fund ratio of
48%, at the expense of a -$1.7 billion combined deficit and -$25.4 billion OASI
deficit 2018. The 2.37% DI tax rate is obviously too high for the OASI trust
fund to afford. However, the 1.8% DI tax rate is too low. Properly adjusted the
OASDI tax rate should theoretically sustain account surpluses until 2021 when
an OASI deficit causes a combined trust fund deficit of -$3 billion at either
the 2.1% or 2.0% + $240 billion DI tax rate. Under current law in 2019 when the
2.37% DI tax expires an $11 billion DI deficit develops in 2019 and trust fund
assets begin to decrease. By 2024 or 2025 the DI trust fund would be completely
depleted. After a concurrent resolution on the budget is agreed to, it shall
not be in order in the Senate to cause a decrease in social security surpluses
or an increase in social security deficits relative to the levels set forth in
the applicable resolution under 2USC§642(a)(3)(b). The Bipartisan Budget Act of
2015 was successful at correcting the DI deficit. The 2.37% DI tax became too
much for the OASI trust to bear, without causing a combined deficit in 2018,
and instead of reverting to the inadequate 1.8% DI tax rate, it is necessary to
get the OASDI payroll tax rate distribution right. By amending the DI tax rate
to 2.1% or 2.0% + $240 billion the DI deficit would be indefinitely postponed
and 3% annual retiree population growth would not cause a deficit in the OASI
Trust Fund or combined OASDI Trust Funds until 2021. SSA's system of
documenting migrant workers seems to have limited damage caused by the
collective expulsion of undocumented workers in 2017 and subsequently there has
been a significant increase in legal immigration, the bull market is working
and at 6.5% in 2018, the OASDI payroll tax is growing much better than 3%
individual income tax growth, usually 8%. To promote individual and payroll tax
revenues Congress is advised to legislate that SSA share Social Security Card
issuing country of origin methodology, data entry and printing technology with
Customs and the Internal Revenue Service, to replace the green card with an up
to $10 entrance and exit fee under Art. 1 Sec. 9 Cl. 1 of the US Constitution.
Table I.D1
Actual Surplus of the Social Security Administration Trust Funds 2017 – 2022
(billions)
|
12.4 Tax |
Total Revenues |
Tax Revenues |
GF Reimbursement |
Tax on Benefits |
Net interest (3%) |
Total |
Scheduled Benefits |
Administrative Costs |
R&R Interchange |
Net Increase end of year |
Assets at end of Yer |
Trust fund Ratio |
|
2017 |
996.6 |
873.6 |
37.9 |
85.1 |
952.5 |
941.5 |
6.5 |
4.5 |
44.1 |
2,891.8 |
299 |
|
|
2.37 |
171.0 |
167.1 |
2.0 |
1.9 |
145.8 |
142.8 |
2.8 |
.2 |
25.1 |
71.5 |
32 |
|
|
10.03 |
825.6 |
706.5 |
35.9 |
83.2 |
806.7 |
798.7 |
3.7 |
4.3 |
19.0 |
2,820.3 |
347 |
|
|
2018 |
1,001.1 |
883.4 |
0 |
34.6 |
83.2 |
1,002.8 |
991.8 |
6.2 |
4.9 |
-1.7 |
2,890.1 |
288 |
|
2.37 |
172.9 |
168.8 |
0 |
1.5 |
2.6 |
149.3 |
146.3 |
2.8 |
.2 |
23.7 |
95.2 |
48 |
|
10.03 |
828.2 |
714.5 |
0 |
33.1 |
80.6 |
853.6 |
845.5 |
3.3 |
4.7 |
-25.4 |
2,794.9 |
330 |
|
2018 |
1,001.1 |
883.4 |
0 |
34.6 |
83.2 |
995.9 |
984.9 |
6.2 |
4.9 |
5.2 |
2,897 |
290 |
|
2.37 |
172.9 |
168.8 |
0 |
1.5 |
2.6 |
149.3 |
146.3 |
2.8 |
0.2 |
23.6 |
95.1 |
48 |
|
10.03 |
828.2 |
714.5 |
0 |
33.1 |
80.6 |
846.6 |
838.6 |
3.3 |
4.7 |
-18.4 |
2,801.9 |
333 |
|
2018 |
1,001.2 |
883.4 |
0 |
34.6 |
83.2 |
995.9 |
984.9 |
6.2 |
4.9 |
5.3 |
2,897.1 |
290 |
|
2.1 |
153.7 |
149.6 |
0 |
1.5 |
2.6 |
149.3 |
146.3 |
2.8 |
0.2 |
4.4 |
75.9 |
48 |
|
10.3 |
847.5 |
733.8 |
0 |
33.1 |
80.6 |
846.6 |
838.6 |
3.3 |
4.7 |
0.9 |
2,821.2 |
333 |
|
2019 |
1,061.3 |
941.0 |
0 |
38.2 |
82.2 |
1,061.5 |
1,050.5 |
6.1 |
5.0 |
-0.2 |
2,889.9 |
272 |
|
1.8 |
143.2 |
138.6 |
0 |
1.7 |
3.0 |
153.0 |
150.1 |
2.8 |
0.1 |
-9.8 |
85.3 |
62 |
|
10.6 |
918.1 |
802.4 |
0 |
36.5 |
79.2 |
908.5 |
900.3 |
3.3 |
4.8 |
9.7 |
2,804.6 |
308 |
|
2019 |
1,066.3 |
941.0 |
0 |
38.2 |
87.1 |
1,052.2 |
1,041.1 |
6.1 |
5.0 |
9.1 |
2,911.1 |
275 |
|
1.8 |
143.5 |
138.6 |
0 |
1.7 |
3.2 |
155.2 |
152.2 |
2.8 |
0.2 |
-11.7 |
83.4 |
61 |
|
10.6 |
922.8 |
802.4 |
0 |
36.5 |
83.9 |
897 |
888.9 |
3.3 |
4.8 |
25.8 |
2,827.7 |
312 |
|
2019 |
1,066.3 |
941.0 |
0 |
38.2 |
87.1 |
1,052.2 |
1,041.1 |
6.1 |
5.0 |
14.1 |
2,911.2 |
275 |
|
2.1 |
164.3 |
159.4 |
0 |
1.7 |
3.2 |
155.2 |
152.2 |
2.8 |
0.2 |
9.1 |
85 |
49 |
|
10.3 |
902.0 |
781.6 |
0 |
36.5 |
83.9 |
897 |
888.9 |
3.3 |
4.8 |
5 |
2,826.2 |
315 |
|
2019 |
1,348.6 |
1,223.3 |
0 |
38.2 |
87.1 |
1,196.7 |
1,041.1 |
11.7 |
5.0 |
151.9 |
3,049 |
237 |
|
2.1 |
212.1 |
207.2 |
0 |
1.7 |
3.2 |
155.2 |
152.2 |
2.9 |
0.2 |
56.9 |
132.8 |
49 |
|
8.0 |
909.6 |
789.2 |
0 |
36.5 |
83.9 |
897 |
888.9 |
3.4 |
4.8 |
12.6 |
2,833.8 |
317 |
|
2.3 |
226.9 |
226.9 |
0 |
0 |
0 |
144.5 |
139.1 |
5.4 |
0 |
82.4 |
82.4 |
0 |
|
2020 |
1,112.5 |
988.5 |
0 |
42.2 |
81.8 |
1,129.2 |
1,118.0 |
6.1 |
5.1 |
-16.7 |
2,873.2 |
256 |
|
1.8 |
148.1 |
143.5 |
0 |
1.8 |
2.8 |
157.2 |
154.2 |
2.8 |
0.2 |
-9.1 |
76.2 |
54 |
|
10.6 |
964.4 |
845.0 |
0 |
40.4 |
79.0 |
971.9 |
963.8 |
3.2 |
4.9 |
-7.6 |
2,797 |
289 |
|
2020 |
1,133.2 |
1,002.2 |
0 |
43.4 |
87.6 |
1,113.1 |
1,101.6 |
6.3 |
5.2 |
20.1 |
2,931.2 |
262 |
|
1.8 |
151.5 |
145.5 |
0 |
3.2 |
2.8 |
161.4 |
158.3 |
2.9 |
0.2 |
-9.9 |
73.5 |
52 |
|
10.6 |
981.7 |
856.7 |
0 |
40.2 |
84.8 |
951.7 |
943.3 |
3.4 |
5.0 |
30 |
2,857.7 |
297 |
|
2020 |
1,133.2 |
1,002.2 |
0 |
43.4 |
87.6 |
1,113.1 |
1,101.6 |
6.3 |
5.2 |
20.1 |
2,931.3 |
262 |
|
2.1 |
175.7 |
169.7 |
0 |
3.2 |
2.8 |
161.4 |
158.3 |
2.9 |
0.2 |
14.3 |
99.3 |
53 |
|
10.3 |
957.5 |
832.5 |
0 |
40.2 |
84.8 |
951.7 |
943.3 |
3.4 |
5.0 |
5.8 |
2,831.8 |
297 |
|
2020 |
1,437.8 |
1,303 |
0 |
44.4 |
90.4 |
1,292.6 |
1,275.5 |
11.9 |
5.2 |
145.2 |
3,194.2 |
236 |
|
2.1 |
226.7 |
220.7 |
0 |
3.2 |
2.8 |
161.4 |
158.3 |
2.9 |
0.2 |
65.3 |
198.1 |
82 |
|
8.0 |
965.6 |
840.6 |
0 |
40.2 |
84.8 |
951.7 |
943.3 |
3.4 |
5.0 |
13.9 |
2,847.7 |
298 |
|
2.3 |
245.5 |
241.7 |
0 |
1 |
2.8 |
179.5 |
173.9 |
5.6 |
0 |
66 |
148.4 |
46 |
|
2021 |
1,167.0 |
1,039.7 |
0 |
46.4 |
80.9 |
1,199.9 |
1,188.3 |
6.5 |
5.1 |
-32.9 |
2,840.3 |
239 |
|
1.8 |
155.4 |
150.9 |
0 |
2.0 |
2.5 |
163.0 |
159.7 |
3.1 |
0.2 |
-7.6 |
68.7 |
47 |
|
10.6 |
1,011.6 |
888.8 |
0 |
44.5 |
78.3 |
1,036.9 |
1,028.6 |
3.4 |
4.9 |
-25.3 |
2,771.7 |
270 |
|
2021 |
1,203.2 |
1,067.3 |
0 |
47.7 |
88.2 |
1,170 |
1,158.2 |
6.5 |
5.3 |
33.2 |
2,963.7 |
251 |
|
1.8 |
160.9 |
154.9 |
0 |
3.5 |
2.5 |
161.5 |
158.3 |
3.0 |
0.2 |
-0.6 |
72.9 |
46 |
|
10.6 |
1,042.3 |
912.4 |
0 |
44.2 |
85.7 |
1,008.5 |
999.9 |
3.5 |
5.1 |
33.8 |
2,890.8 |
283 |
|
2021 |
1,203.3 |
1,067.4 |
0 |
47.7 |
88.2 |
1,170 |
1,158.2 |
6.5 |
5.3 |
33.3 |
2,964.6 |
251 |
|
2.1 |
186.8 |
180.8 |
0 |
3.5 |
2.5 |
161.5 |
158.3 |
3.0 |
0.2 |
25.3 |
124.6 |
62 |
|
10.3 |
1,016.5 |
886.6 |
0 |
44.2 |
85.7 |
1,008.5 |
999.9 |
3.5 |
5.1 |
8 |
2,839.8 |
281 |
|
2021 |
1,530.6 |
1,387.6 |
0 |
49.7 |
93.3 |
1,358.4 |
1,340.8 |
12.3 |
5.3 |
172.2 |
3,366.4 |
235 |
|
2.1 |
241 |
235.0 |
0 |
3.5 |
2.5 |
161.5 |
158.3 |
3.0 |
0.2 |
79.5 |
277.6 |
123 |
|
8.0 |
1,025.1 |
895.2 |
0 |
44.2 |
85.7 |
1,008.5 |
999.9 |
3.5 |
5.1 |
16.6 |
2,864.3 |
282 |
|
2.3 |
264.5 |
257.4 |
0 |
2 |
5.1 |
188.4 |
182.6 |
5.8 |
0 |
76.1 |
224.5 |
79 |
Source: 2018 Annual Report
of the Board of Trustees of the Federal Old Age Survivor Insurance Trust Fund
and Federal Disability Insurance Trust Fund. Tax rate / 12.4 = Proportion x
Combined payroll tax = Payroll Tax Revenues
Without an actuarial deficit resulting from perennial current year
OASI outlay overestimation of 3% COLA and 3% OASI population growth or negative
fluctuations in average annual 6.5% growth in payroll tax to afford 6% OASI
outlay growth, there will be no actuarial deficit in 2018, 2021, or ever,
because revenue growth should exceed outlays in any actuarial projection of the
actual surplus. In actuality there are years when tax
revenues might be less than 6.5% more than the year before, or even negative,
and this causes an actuarial deficit or account deficit respective of a
negative net increase in assets at year end. As long as there is a combined
trust fund surplus it should be possible to distribute the costs amongst the
program and avoid any account deficits. Methodology and issues to be voted
upon, require that the comparative intermediate projections begin with 2017,
2018 redone twice, to account for the OASI outlay overestimate and optimal
OASDI tax rate distribution and year thereafter re-done three times, under
current law with 2018 OASI overestimate corrected, at the optimal OASDI tax
rates and distributing the tax on the rich to three OASDI and SSI trust funds.
6.5% revenue and 5.9% outlay growth projection for 2019 in the 2018 Annual
Report, is far more realistic than 10.5% revenue and 8.0% outlay growth
estimated in the 2017 report. All years are redone to reflect average optimistic
6.5% payroll tax, 10% tax on benefits, 3.4% interest revenue DI trust fund,
3.0% interest revenue OASI trust fund, to sustain 6.0% OASI, 4.0% DI outlay,
3.0% Administrative and 2.0% R & R Interchange
growth from 2018 revised for 5% rather than 6% OASI outlay growth. DI outlays
should grow 4% annually to afford a 3% COLA and 1% population growth. At 6.5%
OASI outlay growth is slightly overestimated for 2019, it should be 3.0%
population growth + 3.0% COLA equal 6.0% OASI benefit outlay growth, this
improves the OASI and combined trust fund ratio by 1%. This 1% seems to
discredit the 2.1% DI tax rate and make it seem as if the 2.0% DI tax rate
should be adopted to spare the OASI deficit, without necessarily reimbursing
the DI trust fund $240 billion to sustain a 3% COLA, 1% population and trust
fund growth into a future without poverty by 2030, when the DI tax rate is
actually 2.1% for the intermediate projection, do not be fooled.
The 2.1% DI tax rate is righter than 6%
OASI growth with a 2% COLA and to prevent an unnecessary OASI deficit, Congress
must not wait for the expiration of the 2.37% DI tax rate in 2019 from the
Bipartisan Budget Act of 2015 to adopt a 2.1% DI tax rate beginning in 2018 for
the intermediate projection under Sec. 201(b)(1)(T) of the Social Security Act
under 42USC§401(b)(1)(T) FY18. By repealing ‘Adjustment
of the contribution and benefit base’ tax loophole for the rich and DI tax
exemption of Title I State retirement contributors and replacing it with
‘Supplemental Security Income Trust Fund’ Section 230 of the Social Security
Act under 42USC§430 it is estimated that SSI benefits would increase in stages, 228% the
first year of the tax, 25% the second, 5% the third, and normal 4% growth the
fourth, and thereafter, unless legitimate demands to end poverty by 2030 or
actuarial differences or market failure require a change in plans. It is
estimated that the number of SSI beneficiaries would increase 225% from 8.1
million in 2018 to 18.5 million in 2019 to 23.1 million in 2020 with an average
benefit of $589 a month, $7,069 a year, costing $163.2 billion in 2020, when
the table above provides $173.9 billion, enough for 24.6 million average
benefits. New monthly benefits must cost less than new monthly revenues to
sustain an actual surplus.
Sanders,
Tony J. Health and Welfare. Book 3. Hospitals & Asylums. HA-20-9-18
www.title24uscode.org/ha20.html