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Reply #21: Sir, if you think about it, Obama has already made cuts in SS... [View All]

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kentuck Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jul-19-11 04:52 PM
Response to Reply #14
21. Sir, if you think about it, Obama has already made cuts in SS...
The FICA tax refund came out of the Social Security fund. That is that much money that is not in the SS fund. If they were to cut the SS receipts 50%, with refunds, how long do you suppose it would take for the SS fund not to have enough money in it to meet present demands and the government would have no legitimate reason not to cut SS benefits for all because the pot is no longer as big as it once was...
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