1. Agreed, spending needs to be cut to the bone first
2. So its OK for the government to scam people, promising benefits then ripping them off? NFW.
3. The government used the SS surplus putting SS on the Budget. The government needs to pay the fuck up.
Another way to look at this is who fixes SS gets the 63m senior votes.
Who wants to fuck the seniors gets booted.
So its OK for the government to scam people, promising benefits then ripping them off?
People are living much longer. At these payroll tax levels, benefits have to be cut. Sorry.
The government used the SS surplus putting SS on the Budget.
The SS surplus bought Treasury bonds.
Those bonds are being redeemed to pay current benefits.
The government needs to pay the fuck up.
Every time the Trust Fund redeems Treasury debt, the government is paying the fuck up.