[csmusaret]

Social security has not added one single dollar to the deficit. If something isn’t done it will soon be adding to our debt, and reducing the payroll tax without making fundamental changes to the program will only speed that day’s arrival.

[businessprofessor]

Social security has not added one single dollar to the deficit.

Not true. Social Security will run a $150 billion cash flow deficit this year. Social Security will become a major force in future deficits. The baby boom retirement has just begun. In 10 years, Social Security will run a very large cash flow deficit as though $150 billion today is not a large deficit.

[WilliamIII]

You’re making Nancy Pelosi’s argument for higher taxes — if we don’t raise taxes we’ll have more debt!

I don’t buy her argument for ending Bush tax cuts, and I don’t buy the same argument when it says I have to pay more out of my paycheck, for SS taxes.