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SOCIAL SECURITY NOW CALLED 'FEDERAL BENEFIT PAYMENT'/ENTITLEMENT!
emal
| 12/8/2012
| email edited by Ib Jensen
Posted on 12/08/2012 4:42:06 AM PST by IbJensen
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To: ExTexasRedhead
141
posted on
12/09/2012 3:43:44 AM PST
by
IbJensen
(Liberals are like Slinkies, good for nothing, but you smile as you push them down the stairs.)
To: flaglady47
We really do live in a thugocracy.
142
posted on
12/09/2012 6:38:33 AM PST
by
mo
(If you understand, no explanation is needed. If you don't understand, no explanation is possible.)
To: VRWC For Truth
If the US is broke, it matters not who holds its T-bills, the Chinese or the SS Trust Fund. Of course, we can still print money. Right now, the Fed buys about two-thirds of our debt issuances.
143
posted on
12/09/2012 7:10:13 AM PST
by
kabar
To: RFEngineer
I am not saying entitlement dollars are safe. According to the law, any payment of benefits is based on revenue collected. Once the T-bills in the SSTF are exhausted and can no longer make up the shortfall, then, by law, the benefits paid out cannot exceed the revenue collected.
The simple fact is that the entitlement programs are not sustainable as currently structured. They will have to be changed no matter who is in Congress or the WH. The longer we wait, the more draconian the solution.
144
posted on
12/09/2012 7:14:42 AM PST
by
kabar
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