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To: TurboZamboni

Did he mention that Social Security is the only federal program in the black despite the fact that the feds have stolen from it over the years to build their bloated bureaucracy dumping every welfare recipient they can into it while pumping $85 billion/month into Wall Street???

I didn’t think so —


5 posted on 10/27/2013 11:14:35 AM PDT by Uncle Chip
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To: Uncle Chip
Not even Social Security is "in the black". While it currently takes in more per month than it disburses, the excess is spent in the general fund.

When taken as a whole Social Security is at least 2.2 Trillion in the red.

9 posted on 10/27/2013 11:34:00 AM PDT by SecondAmendment (Restoring our Republic at 9.8357x10^8 FPS)
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To: Uncle Chip

Social Security has been running a deficit since 2010.
http://www.ssa.gov/oact/trsum/

Social Security is an income re-distribution in the same vein as Obamacare.


14 posted on 10/27/2013 12:17:19 PM PDT by wfu_deacons
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