not just obama’s fault (wish it were), it is the fault going back to when they started using it to pay ANYONE who had not paid into it
This well is dry, so they continue to work hard to pass the next bottomless pit they can use for thier own enjoyment
Cain’s plan does away with the FICA tax altogether. What will that do to the Social Security cash flow?
Removing 2% of FICA taxes from those who were still employed did this.
Dirty Harry Reid campaigned in 2010 against Sharron Angle who stated that SS was almost broke.
Dirty Harry kept saying that there was no problem with SS until about 2035 & then ‘It would need some tweaking’ & not more than that.
NObama knew this would be the result of his ‘giveback’ on SS to those who were still working.
What also wasn’t told was that when these same workers do retire- their retirement benefits will be reduced because of their lower investments in same.