To: GailA
Social Security payments can be funded by redeeming bonds from the Social Security Trust Fund (current balance - roughly $4 trillion) without raising the National Debt.
Anyone who suggests otherwise deserves an appointment with a tall tree and a short rope.
10 posted on
10/04/2013 5:57:11 AM PDT by
DuncanWaring
(The Lord uses the good ones; the bad ones use the Lord.)
To: DuncanWaring
Social Security payments can be funded by redeeming bonds from the Social Security Trust Fund (current balance - roughly $4 trillion) without raising the National Debt.Really? Tell us...who is the counterparty on the securities in that "trust fund"?
12 posted on
10/04/2013 6:02:17 AM PDT by
Orangedog
(An optimist is someone who tells you to 'cheer up' when things are going his way)
To: DuncanWaring
You don’t even have to do that. The incoming FICA cash stream BELONGS to SS/Medicare, not the government.
13 posted on
10/04/2013 6:05:11 AM PDT by
BillM
(.)
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