The Big Lie (about Social Security)
Read more about his efforts at the link below:
Social Security 'Voice Crying in the Wilderness' Touring Florida
Labels: Government Spending, Government Waste, Senior Citizens, Social Security
Thursday, November 12, 2009
Labels: Government Spending, Government Waste, Senior Citizens, Social Security
Tuesday, July 21, 2009
Wednesday, June 10, 2009
Labels: Congress, Social Security
Monday, April 13, 2009
America's job losses are taking a toll on the surplus from government's favorite Ponzi scheme. That means the feds will have to look elsewhere, and a lot sooner, for the cash that's being borrowed from Social Security.Read the full editorial at the newspaper's Web site.
With the ongoing decline in payroll tax revenues, the Congressional Budget Office projects that Social Security's surplus could drop to $16 billion this year and about $3 billion next. The surplus projection for '09 was $80 billion.
Liberals are quick to point out that the dwindling surplus doesn't affect current Social Security recipients. It's the same head-in-the-sand reasoning that has allowed Social Security to reach this precarious state.
Based on the CBO's projections, the government will have to borrow another $700 billion over the next decade to cover what it would have borrowed from Social Security. And perhaps as early as 2017, the Treasury will have to start paying back the billions it has taken from Social Security for the past 25 years.
Labels: Broken Promises, Debt, Social Security
Thursday, October 16, 2008
Labels: Social Security