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DU Home » Latest Threads » Forums & Groups » Main » Good Reads (Forum) » A Pop Quiz About Federal ... » Reply #4

Response to essaynnc (Reply #2)

Wed Mar 6, 2013, 10:44 AM

4. And some of the commenters just got things wrong

Like this comment about Social Security:

Question: When the payroll tax was lowered by 2% did it impact the Trust Fund? Answer: No...it's only make believe money in the trust fund and they can make believe they have anything they want. Obama sent a directive that they do this...


As tclambert notes, it's not make-believe money. Obama sent no directive -- the legislation establishing the payroll tax holiday also provided for a transfer from the general fund to the Social Security Trust Fund to make up the difference. The right wing is hung up on this idea that Obama is governing as a dictator.

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Replies to this discussion thread
Arrow 4 replies Author Time Post
Jim Lane Mar 2013 OP
oldhippydude Mar 2013 #1
essaynnc Mar 2013 #2
tclambert Mar 2013 #3
LineLineNew Reply And some of the commenters just got things wrong
Jim Lane Mar 2013 #4
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