sappstuf
12/27/2012, 02:10 AM
The CBO projected $30 billion just 2 years ago.
Here is a handy link from the SSA to verify the number. Just punch in 2012, click fiscal and you will get the results.
http://www.ssa.gov/OACT/ProgData/allOps.html
So lets compare the facts from SSA to statements from leading Democrats...
Durbin: Social Security does not add one penny to the deficit . Social Security untouched will make every promised payment for more than 25 years.
Schumer: Social Security, however, does not contribute one penny to the deficit and won’t until 2037.
Reid: Social Security has contributed not a single penny to the deficit. So we can talk about entitlements as long as you eliminate Social Security. . . . Social Security is not part of the problem we have in America with the deficit.
Lew: [L]ooking to the next two decades, Social Security does not cause our deficits.Social Security benefits are entirely self-financing.
There is no spin here... This isn't some vague policy where people can have different opinions. This is math... Something that Dems seem to have a severe issue with.
How can we have a national discussion about our deficit when Dems are either too ignorant to understand how SS works or are just plain lying about it?
Here is a handy link from the SSA to verify the number. Just punch in 2012, click fiscal and you will get the results.
http://www.ssa.gov/OACT/ProgData/allOps.html
So lets compare the facts from SSA to statements from leading Democrats...
Durbin: Social Security does not add one penny to the deficit . Social Security untouched will make every promised payment for more than 25 years.
Schumer: Social Security, however, does not contribute one penny to the deficit and won’t until 2037.
Reid: Social Security has contributed not a single penny to the deficit. So we can talk about entitlements as long as you eliminate Social Security. . . . Social Security is not part of the problem we have in America with the deficit.
Lew: [L]ooking to the next two decades, Social Security does not cause our deficits.Social Security benefits are entirely self-financing.
There is no spin here... This isn't some vague policy where people can have different opinions. This is math... Something that Dems seem to have a severe issue with.
How can we have a national discussion about our deficit when Dems are either too ignorant to understand how SS works or are just plain lying about it?