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To: kabar

“The data clearly show that the SSTF will be exhausted in 2035 and for Medicare in 2026.”

Paul Ryan Republicans have been lying, saying Social Security contributes to the deficit NOW.

You can go back to their brand of republicanism, but it’s a loser. Trump won by rejecting it.


48 posted on 01/22/2020 9:59:01 PM PST by rintintin
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To: rintintin
...Paul Ryan Republicans have been lying, saying Social Security contributes to the deficit NOW...

Well, it actually does. That "money" in the SS trust fund is not real money -- it is specially issued government bonds. The SS taxes that were paid, were spent on other things, and SS received those special bonds. The interest on those bonds is paid from your current taxes, and when SS runs a deficit and has to cash in those bonds, the money to cash them in again comes right out of our current taxes.

So, SS is contributing to the current deficit NOW.

The politicians who came up with this scheme knew they would be long dead when their chickens came home to roost.

56 posted on 01/22/2020 10:18:14 PM PST by CurlyDave
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