Originally posted by Unregistered
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Not a penny from the federal budget has ever been spent on SS. It is a program funded externally.
The $1 trillion + contributed to the national debt by SS is from the money borrowed from SS trust to pay for wars and the like, not from shortfalls in paying benefits. That is an obligation of the federal government just like our debts to the Chinese.
I think much of the misrepresentation on SS and impact on national debt is to create a hysteria where draconian measures can be taken to forestall or eliminate the need of the fed to ever pay that money back to its rightful owners, the workers who paid the taxes.
Don't fault the program, fix it. Its one of the best things the federal government ever did. Fault the politicians.
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