And don't forget president bush, who had the largest SS surplus monies collected to use to mask his deficit.NOT quite right there Becki....LBJ added SS to the fiscal budget so he could MASK the percentage of the budget used for Defense....the Viet Nam war....with SS as a part of the budget, it made the percentage paid out for defense spending appear much smaller.Social security is set up to be paid for by contributors' interest, not the government as granting something. It was taken out of people's paychecks, 7% and their employers were also required to pitch in a matching amount to provide for their old age. Congress was to keep this separate. In the 1960s, Lyndon Johnson changed that to up his financial numbers for his election. He literally expropriated people's retirement savings to use as part of his budget. Since then, all others have done the same thing. Now, it's used as "gift from the government" status as Obama stole Medicare money to start of Obama care with.
Obama has no honor in stealing money from me to give to his pet rock project. That was money taxpayers put there for their own pensions, and Obama took it upon himself to take that away because he doesn't understand that other people's money is not his ticket. He thinks everything belongs to him, and that he can withhold government services from Arizona and senior citizens' social security benefits into his pet rock project of taking all America's money and putting it in Democrat pockets. He gets his share in campaign contributions, or he doesn't play.
His overblown ego tells him he is priviledged to steal money through taxes and social security payments that other people made that is truly not his to take.
Obama is trouble, trouble, and nothing but trouble, stealing other people's money any which way he can.
HE DID NOT use or steal any SS funds to pay for anything other than SS....at the time SS taxes were only 3% plus employer match...
There was NO SURPLUS monies collected for SS, it was a PAY AS YOU GO system.
It was NOT UNTIL Reagan, who gave us a 100% TAX INCREASE on SS taxes, and DOUBLED what we and our employers had to pay in SS taxes, that a ''SS surplus'' became available for him and all other presidents and congresses there after to 'spend' or rather to mask their budget deficits with the SS surplus collected. ty Reagan, NOT!
Well Clinton sure did