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To: BobL

BobL, isn’t Social Security “off-budget”?


15 posted on 07/30/2011 8:27:25 AM PDT by Walrus (You can't begin a revolution with establishment leaders)
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To: Walrus

“BobL, isn’t Social Security “off-budget”?”

In the sense that it doesn’t have to be authorized every year. As long as the Administrator follows the law regarding eligibility and benefit levels, then Congress doesn’t have to do a thing and people don’t even know its exploding cost. That’s the nice thing about an ‘entitlement’.

But yes, it sure as heck is a REAL COST to the federal government and it is included in revenue and spending projections when you see $3T plus numbers being kicked around.


17 posted on 07/30/2011 8:31:30 AM PDT by BobL (PLEASE READ: http://www.freerepublic.com/focus/f-news/2657811/posts)
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To: Walrus
Social Security “off-budget”?

HAHAHAHAHAHAHAHAHA
HAHAHAHAHAHAHAHAHA
HAHAHAHAHAHAHAHAHA
HAHAHAHAHAHAHAHAHA

18 posted on 07/30/2011 8:31:42 AM PDT by Hoodat (Yet in all these things we are more than conquerors through Him who loved us. - (Rom 8:37))
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