Paul Ryan on Social Security as a Teenager?

Did you know that Paul Ryan received Social Security benefits after his 55-year-old father passed away from a heart attack?

Yes, it’s true. At the age of 16, Ryan began receiving Social Security benefits and saved them to help him pay for college. He stopped receiving benefits when he was 18 years old.

Undernews reported this story a year ago, and stated:

Representative Paul Ryan is one example of the millions of people whose lives have depended on our social contract with the American people. Without this benefit, his mother would have had to make even tougher decisions and Representative Paul Ryan may not have been able to pay for his college education. This social contract lifted him and his entire family out of a tough situation.

Many people do not know that 30 percent of the social security fund goes directly to widows, orphans and the disabled. It is not solely for the benefit of retirees. Unfortunately this social contract is under a regressive attack by the Republicans, including Paul Ryan.

In 2010, Ryan wrote a federal budget that would not only slash Social Security benefits, but would partly privatize them. The Huffington Post reported:

The initial benefits for a middle class earner in 2080 would be about 39 percent lower than the currently scheduled amount if the Ryan budget were adopted, according to an analysis by the Center on Budget and Policy Priorities. The cuts would affect about 70 percent of all Social Security beneficiaries, including everyone who earns above $22,000.

AlterNet / By Alyssa Figueroa

Posted at August 14, 2012, 3:08pm

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