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Who can tell us how Social Security contributes to the deficit?
Social Security is paid for by the payroll tax. It has never required funding from the general fund of the federal government to pay its recipients.
All of Social Security's payouts are made from the payroll tax revenues plus interest on the bonds in the Trust Fund.
Someone wants to prove otherwise, by all means, try.
I found a multitude of articles written by reps from both sides of the aisle. Of coure, the dems say no and the GOP say yes.
Then there is this...
Social Security's shortfalls are adding to the federal budget deficit, in a roundabout way. One big reason: The rest of the government has been running such huge deficits over the years that it has spent all of the surpluses accumulated by Social Security.
Here's how it works: For nearly three decades Social Security produced big surpluses, collecting more in taxes than it paid in benefits. The government, however, spent that money on other programs, reducing the amount it had to borrow from the public, including foreign investors. That's why some advocates complain that Congress has "raided" Social Security.
http://finance.yahoo.com/news/fact-check-social-security-adds-budget-deficit-161813776.html
Social Security does NOT have shortfalls. That is where you make your first mistake.
This penchant for lying by dems has been building. They're the party of outright, in-your-face-lies now. They make no pretense of it. They know their base is uninformed and will believe those lies.
I found a multitude of articles written by reps from both sides of the aisle. Of coure, the dems say no and the GOP say yes.
Then there is this...
Social Security's shortfalls are adding to the federal budget deficit, in a roundabout way. One big reason: The rest of the government has been running such huge deficits over the years that it has spent all of the surpluses accumulated by Social Security.
Here's how it works: For nearly three decades Social Security produced big surpluses, collecting more in taxes than it paid in benefits. The government, however, spent that money on other programs, reducing the amount it had to borrow from the public, including foreign investors. That's why some advocates complain that Congress has "raided" Social Security.
http://finance.yahoo.com/news/fact-check-social-security-adds-budget-deficit-161813776.html
Social Security does NOT have shortfalls. That is where you make your first mistake.
So, in other words....proof means nothing to you because you will simply deny the basis of the proof.
And, of course, you will ignore the logic of the basis.
White House Wanted Him to Lie, Claims a Former Obama Cabinet Official | LibertyNEWS.com
I remember during one Roosevelt Room prep session before I appeared on the Sunday shows, I objected when Dan Pfeiffer wanted me to say Social Security didnt contribute to the deficit. It wasnt a main driver of our future deficits, but it did contribute. Pfeiffer said the line was a dog whistle to the left, a phrase I had never heard before. He had to explain that the phrase was code to the Democratic base, signaling that we intended to protect Social Security. - See more at: White House Wanted Him to Lie, Claims a Former Obama Cabinet Official | LibertyNEWS.com
This penchant for lying by dems has been building. They're the party of outright, in-your-face-lies now. They make no pretense of it. They know their base is uninformed and will believe those lies.
White House Wanted Him to Lie, Claims a Former Obama Cabinet Official | LibertyNEWS.com
I remember during one Roosevelt Room prep session before I appeared on the Sunday shows, I objected when Dan Pfeiffer wanted me to say Social Security didnt contribute to the deficit. It wasnt a main driver of our future deficits, but it did contribute. Pfeiffer said the line was a dog whistle to the left, a phrase I had never heard before. He had to explain that the phrase was code to the Democratic base, signaling that we intended to protect Social Security. - See more at: White House Wanted Him to Lie, Claims a Former Obama Cabinet Official | LibertyNEWS.com
Gee......The White House lied.........
There's news.![]()
Social Security does NOT have shortfalls. That is where you make your first mistake.
So, in other words....proof means nothing to you because you will simply deny the basis of the proof.
And, of course, you will ignore the logic of the basis.
A Social Security shortfall would be if Social Security's payouts for the year exceed its income for that year.
That has not happened, therefore, you are wrong and I am right.
White House Wanted Him to Lie, Claims a Former Obama Cabinet Official | LibertyNEWS.com
I remember during one Roosevelt Room prep session before I appeared on the Sunday shows, I objected when Dan Pfeiffer wanted me to say Social Security didnt contribute to the deficit. It wasnt a main driver of our future deficits, but it did contribute. Pfeiffer said the line was a dog whistle to the left, a phrase I had never heard before. He had to explain that the phrase was code to the Democratic base, signaling that we intended to protect Social Security. - See more at: White House Wanted Him to Lie, Claims a Former Obama Cabinet Official | LibertyNEWS.com
Gee......The White House lied.........
There's news.![]()
Another rightwinger too retarded to know that this wasn't a lie.
Not surprising. The Liar in Chief only knows how to lie.Makes Susan Rices lies about Benghazi even more obvious considering he was TOLD to lie on two different occasions on the Sunday talk shows.
White House Wanted Him to Lie, Claims a Former Obama Cabinet Official | LibertyNEWS.com
I remember during one Roosevelt Room prep session before I appeared on the Sunday shows, I objected when Dan Pfeiffer wanted me to say Social Security didnt contribute to the deficit. It wasnt a main driver of our future deficits, but it did contribute. Pfeiffer said the line was a dog whistle to the left, a phrase I had never heard before. He had to explain that the phrase was code to the Democratic base, signaling that we intended to protect Social Security. - See more at: White House Wanted Him to Lie, Claims a Former Obama Cabinet Official | LibertyNEWS.com
White House Wanted Him to Lie, Claims a Former Obama Cabinet Official | LibertyNEWS.com
I remember during one Roosevelt Room prep session before I appeared on the Sunday shows, I objected when Dan Pfeiffer wanted me to say Social Security didnt contribute to the deficit. It wasnt a main driver of our future deficits, but it did contribute. Pfeiffer said the line was a dog whistle to the left, a phrase I had never heard before. He had to explain that the phrase was code to the Democratic base, signaling that we intended to protect Social Security. - See more at: White House Wanted Him to Lie, Claims a Former Obama Cabinet Official | LibertyNEWS.com
Gee......The White House lied.........
There's news.![]()
White House Wanted Him to Lie, Claims a Former Obama Cabinet Official | LibertyNEWS.com
I remember during one Roosevelt Room prep session before I appeared on the Sunday shows, I objected when Dan Pfeiffer wanted me to say Social Security didnt contribute to the deficit. It wasnt a main driver of our future deficits, but it did contribute. Pfeiffer said the line was a dog whistle to the left, a phrase I had never heard before. He had to explain that the phrase was code to the Democratic base, signaling that we intended to protect Social Security. - See more at: White House Wanted Him to Lie, Claims a Former Obama Cabinet Official | LibertyNEWS.com
Liberty News has the inside track, right?
I remember when people like Ron Suskind left the Bush administration and admitted all the terrible lies behind the Iraq Invasion. I also remember that nobody on the right took him seriously.
I wish the OP would read this book by the former Bush insider:
http://en.m.wikipedia.org/wiki/The_Way_of_the_World_(book)
Does the OP only cares about lies told by the "other side"?
All political administrations craft talking points. Problem is, the talking points surrounding the Iraq War lead to 4,000+ dead bodies.
Everyone knows that SS will contribute to future deficits starting in 12-18 years; and everyone knows the Dems will try to protect it. And everyone knows that every administration is full of shit. Problem is, true believers don't think their party is full of shit.
Obamaturdinmouth has been proven to be a liar. He speaks, he lies.White House Wanted Him to Lie, Claims a Former Obama Cabinet Official | LibertyNEWS.com
I remember during one Roosevelt Room prep session before I appeared on the Sunday shows, I objected when Dan Pfeiffer wanted me to say Social Security didnt contribute to the deficit. It wasnt a main driver of our future deficits, but it did contribute. Pfeiffer said the line was a dog whistle to the left, a phrase I had never heard before. He had to explain that the phrase was code to the Democratic base, signaling that we intended to protect Social Security. - See more at: White House Wanted Him to Lie, Claims a Former Obama Cabinet Official | LibertyNEWS.com
Gee......The White House lied.........
There's news.![]()
Ah, you've decided the WH lied and not Liberty News...
White House Wanted Him to Lie, Claims a Former Obama Cabinet Official | LibertyNEWS.com
I remember during one Roosevelt Room prep session before I appeared on the Sunday shows, I objected when Dan Pfeiffer wanted me to say Social Security didnt contribute to the deficit. It wasnt a main driver of our future deficits, but it did contribute. Pfeiffer said the line was a dog whistle to the left, a phrase I had never heard before. He had to explain that the phrase was code to the Democratic base, signaling that we intended to protect Social Security. - See more at: White House Wanted Him to Lie, Claims a Former Obama Cabinet Official | LibertyNEWS.com
Social Security doesn't contibute to the deficit.