Social Security Lockbox

[Riot]

Originally Posted by Antitrust32

78% in 2038 MAY be enough to cover an electric bill. maybe.

In 2038, I'll still be decades away from being able to recieve my electric bill payment. I'm scared to think of what the fund will look like in 2050 when it will be my time to collect.

but hey, who cares about the future. SPEND NOW!!!!

But we do care about the future. That's why the SS fund will have to be addressed, in the exact same manner it has been in the past. But it's no danger-emergency!

The Social Security fund isn't part of any budget deficit, other than we owe it 3.4 Trillion, which we can get in a couple years from expired tax cuts and cash in readily over a few years. It doesn't contribute to the deficit, it doesn't contribute to long-term debt other than mentioned.

Who tells you guys this stuff? Rush? Hannity? Breitbart? RedState? Geesh, check the sources <g>