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brush

(53,721 posts)
13. Exactly
Wed Nov 14, 2012, 02:13 AM
Nov 2012

SS is a paid benefit that is funded (and will send full benefits to seniors) until 2037 and does not add to the deficit in any way because, as I said, its paid for with money withheld from paychecks. The income cap can be adjusted up as was done in the 80s, maybe early 90s, that will fund it for 75 more years. I'm not sure what the poster of the OP is trying to do but it sounds that if the cap was raised he would not miss the few additional dollars withheld from his check. It's a great program that has worked well since President Roosevelt instituted it and the repugs need to keep their hands off the huge pile of money if represents, and that them and their Wall Street masters are salivating over. If it ain't broke, don't fix it. If it needs shoring up, adjust the cap up a tad.

Latest Discussions»General Discussion»To those demanding an abs...»Reply #13