To: WhiteGuy
And they're still raiding the Social Security surpluss revenueThere is no SS surplus. That is a fallicy. People receiving SS today are getting it directly from those people working today. However, the govt. does take money from SS & purchases bonds and other money-growth funds.
22 posted on
01/06/2004 6:01:50 AM PST by
Puppage
(You may disagree with what I have to say, but I will defend to your death my right to say it)
To: Puppage
It's my understandng that the SS "tax" collected from employees and employers is currently in excess of the amount needed to fund annual expendatures.
The excess goes into the general fund.
If this is incorrect, please explain.
28 posted on
01/06/2004 7:53:35 AM PST by
WhiteGuy
(Congress shall make no law... abridging the freedom of speech, or of the press...)
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