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Article Source: ABC News
Days after Congress’ bitterly-long battle over extending the payroll tax cut concluded in a compromise deal, Obama campaign senior adviser Robert Gibbs aimed diffuse criticism from those within his own party that the tax cut deal “could begin unraveling Social Security,” as Sen. Tom Harkin,...
Interview by: Jake Tapper, "This Week"
While the tax cut strips about $100 billion from federal revenues, the Social Security trust fund is theoretically left untouched as the Treasury will borrow more to compensate for the lagging revenue stream, adding instead to the national debt
The American people no longer believe every word out of the mouths of politicians, we now dig through the piles of dirt before we believe anything they have to say. We will prevail in the end...........
TDR
#1 - Sun Feb 19, 2012 2:05 PM ESTSocial Security is tapped out already. They started borrowing against it long ago.
#2 - Sun Feb 19, 2012 6:36 PM ESTI never did understand how dipping from the revenue stream of a system already under financial stress is a a solution...a high stakes version of robbing Peter to pay Paul.
#3 - Mon Feb 20, 2012 8:07 PM ESTYou're in Easy Mode. If you prefer, you can use XHTML Mode instead. |
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