Friday, February 14, 2020

SOCIAL SECURITY



Image may contain: 1 person, suit, possible text that says '"Social Security, let's lay it to rest once and for all, has nothing to do with the deficit. It's totally funded by the payroll tax levied employer and employee. If you reduce the outgo of Social Security, that money not go into the general fund or reduce the deficit. It would go into the Social Security Trust Fund. So Social Security has nothing to do with balancing a budget or lowering the deficit." Ronald Reagan, 1984 OCCUPY DEMOCRATS'






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Image may contain: possible text that says '1,000 dollar monthly Social Security check for Grandma is bankrupting America. Yet a billionaire not paying taxes is making America prosperous. Up is Down in America!'



This happened attempt by mostly Republicans happened in 2018. It was defeated, but these remain among the stakes in 2020. It was an attempt to secretly steal the $2.9 Trillion SSN Surplus from its Trust Fund. SSN has nothing to do with the deficit and yet they wanted to treated its surplus as though it was a general appropriation. That surplus is needed as Baby Boomers continue to retire. Many of those Baby Boomers are Trump Supporters. Do they know?

Image may contain: possible text that says 'ALERT! Republicans in Congress are inventing a Social Security "crisis" so they can then say we "need" to slash the hard-earned benefits of millions of seniors and disabled Americans. Elizabeth Warren, January 6, 2015 Occupy Democrats'



Image may contain: one or more people, meme and hat, possible text that says 'YOU THINK MY SOCIAL SECURITY IS A HANDOUT? DEAR CONGRESS NOW GIVE ME BACK WHAT MY EMPLOYER AND I HAVE BEEN PAYING INTO IT FOR 35 YEARS WITH COMPOUND INTEREST PAY BACK THE $2.7 TRILLION THAT REAGAN AND BUSH "BORROWED"'




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