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To: kabar

Disagree. The existence of the SS IOUs in Galena IL show that there is an excess.

The government is accounting for the redemption of these IOUs to keep the system current until 2025 or so. That means they’ll have to raise taxes big time to redeem the IOUs.


813 posted on 10/30/2007 7:53:12 PM PDT by exit82 (I believe Juanita--Hillary enabled Juanita's rapist.)
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To: exit82

Hillary and Dodd going at it!

Over driver’s ;icense for illegals.

Timmy asking if Shrillary supports Spitzer.

Replies we have failed, George Bush is failed.

Hillary getting shrill. Almost lost control.


832 posted on 10/30/2007 7:54:55 PM PDT by exit82 (I believe Juanita--Hillary enabled Juanita's rapist.)
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To: exit82

Read the SS Trustee report I linked to you. You don’t seem to understand how the system works.


840 posted on 10/30/2007 7:55:29 PM PDT by kabar
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To: exit82

That means they’ll have to raise taxes big time to redeem the IOUs.

Yep.


898 posted on 10/30/2007 8:02:33 PM PDT by Son House ($$Proud Member of Vast Right Wing, Out To Lower Your Tax Rates For More Opportunities.$$)
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To: exit82; kabar

Brit Hume tonight on Special Report:

Hillary Clinton’s New Math on Social Security Solvency

http://www.foxnews.com/story/0,2933,306525,00.html


959 posted on 10/30/2007 8:17:22 PM PDT by STARWISE (They (Dims) think of this WOT as Bush's war, not America's war-RichardMiniter, respected OBL author)
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