More scare tactics from conservatives on both sides of the isle. Social Security is far from bankrupt and has a nearly 3 Trillion dollar surplus in the trust fund. The truth of the matter is that organizations like Goldman Sachs simply want to privatize it so they can loot you of your earned benefits...

The maximum amount of earnings subject to the social security tax( taxable maximum) is $ 142,800 .If this was raised they would have more than enough money for the future .

The tax on Social Security is capped so the middle class wage earner pays a larger proportion of his wages to Social Security while the rich pay a much smaller proportion and yet still receive the maximum benefit. The system is rigged to favor the rich.

This article Actually states there will be a relatively HUGE jump of 6% in January! Which I have read elsewhere, of course due to COLA.

I find this article rather peculiar as it states "...but recipients will have to wait until January to get [the increase]. Ummmmm, Whenever have we not gotten it as of January 1st??????

One of many statements in there that are phrased to try and create panic where none is called for in any way.