Greenbeard
Gold Member
There is no difference.
Social Security was supposed to be paid for out of premiums.
I'm trying to figure out if you actually believe this or you just think the average reader of this thread is completely unfamiliar with history and you can get away with a claim like that. Either way, I'm mildly disgusted.
To be very clear: Social Security has always been financed by taxes on workers, all the way back to when it first started paying out benefits in 1937. It has never been paid for by "premiums" of people receiving benefits (probably in part because that idea makes no sense).
Virtually every "cost free" government program has ended up costing taxpayers billions if not trillions of dollars. Please cite one that hasnt.
The public option isn't free, it would be funded by premiums like any insurance company. You're looking for an equivalent to the concept of the public option but there hasn't been one.