Thread: What's a Billion?
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Old 03-02-2008, 12:53 PM
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From 'federalbudget.com'.......

Currently, there is more being payed into the Social Security Trust Fund than is being paid out to beneficiaries. What's left over each month is routinely being "borrowed" and used as if it were general budget revenue. Government agencies using that money promise to pay it back (IOUs). All of the money in the Social Security Trust Fund has been spent! That's part of the National Debt. So Social Security is just a very large tax collection tool.


They have been doing this for ...years...I remember the first time I heard SS was being used for 'something else'. Lady Bird ask for and got 50 Million to beautify the nations expressways.
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