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Congressman Frank R. Wolf, 10th District Virginia
Raise the national debt ceiling.
Thank you for your letter of 25 July 2011. “We have reached a tipping point in our country’s financial future, and we need the president to step up and lead.”
USA is not going broke. What is broke, is the political gamesmanship over raising the national debt. Really Congressman? You say Social Security is an unfunded obligation and associated with the nation’s debt ceiling?! Really? Shame on you sir. SS is fully funded by moneys withheld from the payers income, and you know it.
“Social Security isn’t responsible for the federal deficit. Just the opposite. Until last year Social Security took in more payroll taxes than it paid out in benefits. It lent the surpluses to the rest of the government.
Now that Social Security has started to pay out more than it takes in, Social Security can simply collect what the rest of the government owes it. This will keep it fully solvent for the next 26 years.”
Your willingness to put at risk ‘the full faith and credit’ of USA for the sake of political gain is unconscionable It is time for you to vote to raise the national debt ceiling. The needs of the nation, Virginia, and the 10th District come _before_ your political party.
Where are the jobs?
Ema Nymton ~@:o? .
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