Jan Tagmier <
jbt...@gmail.com> wrote in
news:o2vsq1$gve$
1...@news.albasani.net:
> On 12/14/2016 9:19 AM, jane.playne wrote:
>> On 12/13/2016 5:03 PM, W.T.S. ocv9 The Lamp of Pure, Golden Truth!*
>>> news:322163780503358736.38603...@news.easynews.c
>>>>> news:1319938106503356492.7865...@news.easynew
>> You lack the knowledge on this topic and you need a lot more
>> education of the topic for this conversation. Since you lack the
>> knowledge, you are simply parroting falsehoods stated by others.
>>
>> Let me prove my point by illustrating one of your parroted
>> falsehoods:
>>
>> You stated, "But, if Congress keep "borrowing" from the SS trust
>> fund..."
>>
>> The outflow of benefits EXCEEDED the inflow of FICA payments in 2010
>> and there is no "extra" cash available for congress to "borrow".[1]
>> The SS administration is currently using the SS Trust Funds to pay SS
>> benefits AND money is being transferred from the General Fund TO the
>> SS Trust Fund ... NOT the other direction.
>>
>> The fact that Social Security is in trouble is old news. Back in 1998
>> Congress wanted to "Save Social Security First".[2][3]
>>
>> In Clinton's State of the Union Address, Clinton stated that SS was
>> in trouble, it would be unable to pay "promised" benefits in 2032,
>> and it needed to be saved.[4][5]
>>
>> Democrats did nothing back then. Since Republicans were in control, a
>> partisan hack could have blamed the republicans, BUT the democrats
>> did NOTHING later when they controlled the House, the Senate and the
>> White House.
>>
>> It is now 17 years later and nothing has been done.
>> 1. SS collections are currently insufficient to pay scheduled
>> benefits; 2. The SS Trust Fund will be *depleted* in 2034;
>> 3. In 2034 SS will be able pay ONLY 75% of scheduled benefits;
>> 4. There will be only 2 worker for each retiree.
>>
>> Republicans are not "pushing to *STOP* Social Security" as YOU
>> dishonestly claimed in your subject line; one republican is offering
>> solutions to SAVE a horribly mismanaged Government owned and managed
>> insurance program.
>>
>> Citations:
>>
>> 1. 2016 Social Security Trustee Report.
>> 2. Congressional Record, Page 22092, Mr. Wynn: "The fact of the
>> matter is we should save Social Security first."
>>
>> 3. Congressional Record, Page 22093, Mr Pallone: "That is why we have
>> to vote down this Republican bill and save Social Security first."
>>
>> 4. "But by 2013, payroll taxes will no longer be sufficient to cover
>> monthly payments. By 2032, the trust fund will be exhausted and
>> Social Security will be unable to pay the full benefits older
>> Americans have been promised." - Pres Clinton 1999
>>
>> 5. "So first, and above all, we must save Social Security for the
>> 21st century. - Pres Clinton 1999
>>
> Congress has repeatedly taken funds OUT of social security
> to the tune of 2.5 trillion dollars and spent it on everything BUT
> the people that paid it in.
>
> Congress has been using it as a slush fund since the Reagan days,
> which is why it is now figured IN the budget.
Excellent points. Many argue about SS while knowing little of the
history or the facts.