And now they are talking about doing it again????
Republicans - the fiscally responsible party
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Republicans - the fiscally responsible party
Or not...
And now they are talking about doing it again????David G
Harbor Woodworks
https://www.facebook.com/HarborWoodworks/
"It was a Sunday morning and Goddard gave thanks that there were still places where one could worship in temples not made by human hands." -- L. F. Herreshoff (The Compleat Cruiser)
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"The pessimist complains about the wind; the optimist expects it to change; the realist adjusts the sails."
-William A. WardComment
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Re: Republicans - the fiscally responsible party
So, we should remember this when funding your Social Security?"The pessimist complains about the wind; the optimist expects it to change; the realist adjusts the sails."
-William A. WardComment
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Re: Republicans - the fiscally responsible party
http://www.ssa.gov/news/press/factsfig.html
Oh and keep this in mind:
The government has borrowed nearly $2.7 trillion as of 2011 from the trust fund and used the money for other purposes. Under current law, when the program goes into an annual cash deficit, the government has to seek alternate funding beyond the payroll taxes dedicated to the program to cover the shortfall. This reduces the trust fund balance to the extent this occurs. The program deficits are expected to exhaust the fund by 2033. Thereafter, since Social Security is only authorized to pay beneficiaries what it collects in payroll taxes dedicated to the program, program payouts will fall by an estimated 25%."The pessimist complains about the wind; the optimist expects it to change; the realist adjusts the sails."
-William A. WardComment
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