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To: SeekAndFind

Two things happened to Social Security- both done by a@@hole demoncrats.

1.) The first, done by LBJ(!!) was to count the Social Security Trust Fund INTO the General Revenue funds of the United States, in order to balance the “budge” in the face of Great Society handouts. This was a criminal act and Congress went along with it as another “handout” empowerment.
SO— This should STOP right away. Make the government function on ACTUAL taxes from the world of commerce, and not pilfer retirement funding. Dramatic effect on the jackasses out spending using borrowed money from the Fed Reserve and paying it back from General Revenue (which includes SS Trust Fund).
2.) Bill Clinton/dems began taxing Social Security as a)income, as a “taxable amount from a table/calculation) and b) reducing payout of Social Security by a monthly premium for Medicare— paid OUT OF THE Social Security Trust Fund!! and now Medicare is monumentally going bankrupt because of all the “yahoooo!” billable items rolled into medicare, and the premium goes UP every year since, along with so called Medicare Advantage plans supposedly “offsetting” the monthly premium paid by people on Social Security.

Trump does all this and stops any taxation of Social Security retirement benefits— and our government will HAVE to have a budget like everyone else has to watch spending every day vs. income revenue. Mark Levin asks the question every time— “how much money does the Fed gov take in a month in revenue” and “as such the govt. MUST pay debt obligations,and always has had enough to do so— if it would not spend the revenue away on political pet new items of handout and redistribution” This is the way the big LIE we will go “bankrupt and not pay our national debts” — because the Treasury deliberately does NOT pay the national debt FIRST, and then screams it needs to borrow from... The Federal Reserve Bank (a private bank, btw).

This is how, even pilfering from the SS Trust Fund (where is the Trust Fund? The joke horribly true is that it is in a data center in West Virginia, full of I0Us from the US Govt) the US govt is 100 Trillion in unpayable, unfunded liabilities.


11 posted on 08/13/2024 10:54:24 AM PDT by John S Mosby (Sic Semper Tyrannis )
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To: John S Mosby

Reagan in his great wisdom decided to tax social security. And then Clinton said hold my beer.


28 posted on 08/13/2024 11:27:51 AM PDT by napscoordinator (DeSantis is a beast! Florida is the freest state in the country! )
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