Isn't Social Security already in the tank?
posted on 12/11/2003 8:23:58 PM PST
(Homeland Security + Tom Ridge = Open Borders --> Demand Change!)
SocSec is well on its way to the tank.
Current projections are that it will pay out more in benefits than it takes in through taxes starting in about 2020. Since the so-called "Trust Fund" has been lent to the rest of the government, THERE IS NO stash of cash to pay benefits without demanding that the rest of the government pay back what it borrowed from SocSec. The only way to get that money back is for the rest of the government to decide to raise taxes, or at that point (not the 35-40 years the SocSec Administration always likes to refer to) start cutting benefits.
To: Pro-Bush; gubamyster; FairOpinion; FoxFang; FITZ; moehoward; Nea Wood; Joe Hadenuf; sangoo; ...
I sure don't see SS being around for my generation even and what Bush is doing, what DHS isn't doing, forget it, we're just a hapless country very soon
posted on 12/12/2003 5:21:53 AM PST
(Teach the Children to fight Liberalism ! They will be voting in 2008 !!!)
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