[Dr. Sivana]

If the cuts are permanent, how do we fund the 1/2 of SocSec that comes from workers’ incomes?

[Lisbon1940]

What if you want to pay in to Social Security?

[Fai Mao]

“If the cuts are permanent, how do we fund the 1/2 of SocSec that comes from workers’ incomes?”

I believe that SS comes from the general fund. There isn’t a special account. Since I don’t qualify for SS (I lived outside the US for 30 years and didn’t put anything into it) I don’t really care but it seems that is what I was told years ago.

[be-baw]

It would be all of Social Security (and Medicare). Not only would the workers not have to pay payroll taxes, but neither would the employers.

And that’s a damn good question: how do you pay for those social programs without payroll taxes? It really is financially irresponsible. I can already see prices rising at the grocery store.

[oldasrocks]

Social Security cuts? NYC and others are helping that by killing off the old sick people with the virus.

[eyedigress]

Everything is paid through the velocity of the dollar.

[Yosemitest]

"If the cuts are permanent,
how do we fund the 1/2 of SocSec that comes from workers’ incomes?"

Do you REALLY BELIEVE that it'll be PERMANENT ?

It's not about Social Security.
It's about TEACHING the American Citizen Worker just how much of their earnings are taxed .
When they see that income in their pay checks and get to spend that additional 12.4% (TWELVE POINT FOUR PERCENT), they'll be very upset with the DemocRATS for taxing them too much.

Do you think the DemocRATS will ever hear the end of it from their voters, once that temporary tax relief hits their wallets and they spend some of it ?

Now as for funding Social Security, don't you know that it all goes into the General Revenue ?

When the short-fall comes in Social Security, the government will fund it like they fund everything today.
They just print more money out of thin air.
The only people buying U.S. Treasury bills, notes, and bonds today is the U.S. government; hence they're printing money out of thin air.