Reply #25: Do you know anything about how Raygun changed Social Security?

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The Baby Boomers have paid for BOTH their parents' and their own Social Security. Their parents' are still collecting what the Baby Boomers pay in AND the Baby Boomer's retirement is in the Social Security Trust Fund. The Trust Fund was initially simply a mechanism to hold Social Security money for a short while and then it was sent out in payments. BUT when Raygun came along, he changed it. He doubled our Social Security payments (while capping the withholding for the rich) and the extra moneys collected went into Treasury bills held in the Social Security Trust Fund. It is currently about $3 Trillion. That is the Baby Boomers Social Security. That is the money the GOP wants to give to the Koch Brothers and Wall Street banksters.