Thanks for the link. I know there’s nothing in the Social Security Trust Fund. It’s well known that the feds started grabbing that money for the Treasury’s general obligations since the 1960s.
As far as paying out more in Social Security benefits than taking in from individual Social Security deductions, that’s been in the news for a while. I’d be shocked if Yahoo and Google didn’t have it on their news searches.
” Its well known that the feds started grabbing that money for the Treasurys general obligations since the 1960s.”
Confiscate the wealth of the thieving politciians who stole it. Take LBJ’s estate - all of it.
Let’s start with the letter “K.” Confiscate the wealth of Kennedy, Kerry and Kohl. That should add a few billion to the trust fund.
By the time we’re done going from A to Z, we’d probably gather up a few trillion dollars.
Throw off all the crooks who get disability. Confiscate the wealth of the quacks and shysters who gamed the system to qualify these con artists for disability payments.
Sell off all property owned by the federal government, including national parks, forests and grazing land. Spaced over 40 years, that should be good for tens of trillions.
We do have wealth to tap.
I’d prefer that we pay off retirees when they hit 65. Give them a check for what they paid in, and then no more money. This can be paid for by selling off federal assets over the next 40 years. That way young workers won’t be forced to pay into SS.