Cuyo
Training a Guineapig army
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- #61
Re mandatory spending, you overlook that Social Security is a separate entity, paid from a separate payroll tax designated for that purpose; Not from income taxes.
Doesn't matter. The money all goes to the same place.
It is still collecting more money than it's disbursing, although you'd never know it just from reading posts around here.
That won't last once the Baby Boomers are in full retirement mode.
Your right on both counts. The program needs to be revamped. Sidenote, my suggestion is they raise the collection age to 70 and be done with it. But that's just me.