 pnh102Reptiles Are Cuddly And PrettyPremium
join:2002-05-02
Mount Airy, MD | reply to bmn
Re: Disgruntled Ex-Employee and former Competitor said by bmn:The problem is that the Congress has been taking money OUT of the social security fund and dropping little IOUs into the fund for years... There's no Social Security Fund or any other special fund. All the money the government collects goes into the same pool for spending. It just happens that the amount of money being collected for social security happens to be more than what is needed to pay for the program, so the balance is spent on other things.
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Only SHATNER is Kirk. |
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bmn? ? ?Premium,ExMod 2003-06
join:2001-03-15
hiatus | said by pnh102:There's no Social Security Fund or any other special fund. All the money the government collects goes into the same pool for spending. It just happens that the amount of money being collected for social security happens to be more than what is needed to pay for the program, so the balance is spent on other things. Which is essentially the same as taking the money collected and earmarked for the program and spending it elsewhere... My post should have read "OUT of social security funds"...
Either way, the congress has been spending money collected that is suppose to be spent only on social security. The program is where it is because they've dipped into those funds over the years.
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