This is the Budget Commission, not the Social Security Commission, so I see no problem with having people that are open to making changes to Social Security.
Well, A#1, even if you don't mind changes to Social Security, then perhaps you should at least get the name right. It's the Presidents Deficit Commission, not Budget Commission.
For your information, the Social Security system is solvent and is not carrying a deficit of any kind. It is not part of the annual budget passed by Congress and is supported by a separate revenue stream (FICA contributions, to be specific.) As a consequence, for members of the Deficit Commission to discuss SS at alll is a waste of their time and our money.
SS ain't broke. We don't have to fix it. Nancy Ortiz
Go Nancy! SS is not part of the deficit and shouldn't be part of the solution to funding continuing federal deficits like it has been in the past. The federal govt owes 13 trillion dollars, including one trillion to the SS trust fund. We owe far more in bonds to just China and Japan than what SS holds in treasury bonds. Paying off our debts is part of the reason the deficits must be reduced. It is unfair to ask seniors and disabled citizens to accept cuts just to reduce the federal deficits when SS did not contribute one dime to the deficit.
Anyone involved in Social Security should be deeply concerned about this commission. In fact, the only public statements they've made so far have been specifically about SS.
Goldman and Haliburton need your help! Cut SS today!
This is the Budget Commission, not the Social Security Commission, so I see no problem with having people that are open to making changes to Social Security.
ReplyDeleteWell, A#1, even if you don't mind changes to Social Security, then perhaps you should at least get the name right. It's the Presidents Deficit Commission, not Budget Commission.
ReplyDeleteFor your information, the Social Security system is solvent and is not carrying a deficit of any kind. It is not part of the annual budget passed by Congress and is supported by a separate revenue stream (FICA contributions, to be specific.) As a consequence, for members of the Deficit Commission to discuss SS at alll is a waste of their time and our money.
SS ain't broke. We don't have to fix it. Nancy Ortiz
Go Nancy! SS is not part of the deficit and shouldn't be part of the solution to funding continuing federal deficits like it has been in the past. The federal govt owes 13 trillion dollars, including one trillion to the SS trust fund. We owe far more in bonds to just China and Japan than what SS holds in treasury bonds. Paying off our debts is part of the reason the deficits must be reduced. It is unfair to ask seniors and disabled citizens to accept cuts just to reduce the federal deficits when SS did not contribute one dime to the deficit.
ReplyDeleteThanks, A#2. You're no slouch yerself. Nancy O.
ReplyDeleteAnyone involved in Social Security should be deeply concerned about this commission. In fact, the only public statements they've made so far have been specifically about SS.
ReplyDeleteGoldman and Haliburton need your help! Cut SS today!