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Reply #3: Maybe so but I'm guessing we SS recipients [View All]

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Home » Discuss » General Discussion: Presidency Donate to DU
tularetom Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Sep-09-11 08:31 AM
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3. Maybe so but I'm guessing we SS recipients
will be looking at a third year with no effing COLA.

This whole thing looks fishy. How can anyone claim that SS has no impact on the deficit and on the other hand make a statement that $67 billion in general revenue has been transferred to the trust fund?

They're paying for this "payroll tax holiday" with general tax revenues which will indeed increase the deficit.

I have no objection to this, the government has used the trust fund as its personal piggy bank for decades. But they should at least be honest about it.
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