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Social Security does not contribute one dime to the deficit -- not one dime. In addition, the trust fund has a surplus of $2.7 trillion. Moreover, back in the 1945, employee contributions were 1%. Now they are 6.2%.
Worse, the idea that in order to prevent having to cut benefits in the future we need to cut them now, makes no logical sense.
How's that savior working out for you now libs? Won't be long before he decides the elderly should just be taken out back and "disposed of" to free up resources for Oblablacrap.
Seems to me the Corporations need to chip in. After all, it was all those retirees that made them so profitable.
Oh don't start that class warfare sh*t. There is "nothing" wrong with finding and cut government waste. EVERY institution including the government should "do their fair share" to resolve the problem and increasing taxes is not always the only solution nor is it the best solution,
How's that savior working out for you now libs? Won't be long before he decides the elderly should just be taken out back and "disposed of" to free up resources for Oblablacrap.
We could speed the process up by putting Paul Ryan's plan in place.
Please name what you consider waste and how much money that will save?
Foreign Aid was a a total of $47 billion in 2012. Even if we cut it all, it really doesn't come close to plugging the deficit -- and much of that foreign aid is vital to maintaining international relations. Moreover, a good deal of the aid, such as to Israel, is so they can buy arms from U.S. companies. Cut the aid and it puts American workers out of work.
uhh, examples of government waste has been posted over and over again and you know it. Again, I am not going to get into a partisan pis*ing match with you. If you are going to use Israel as an example why not instead show all the countries getting U.S. aid.
And if you can not conceive the idea that it adds up, then you are on sorry as*.
Oh this is a kicker. The above graph shows military aid, this is financial aid.
The U.S. is providing hundreds of millions of dollars of foreign aid to some of the world's richest countries - while at the same time borrowing billions back, according to report seen by Congress. In 2010 the U.S. handed out a total of $1.4bn to 16 foreign countries that held at least $10bn in Treasury securities. Four countries in the world's top 10 richest received foreign aid last year with
China receiving $27.2m,
India $126.6m,
Brazil $25m, and
Russia $71.5m.
Mexico also received $316.7m and
Egypt $255.7m.
And yet despite the massive outgoings in foreign aid, the receiving countries hold trillions of dollars in U.S. Treasury bonds.
Concerned: Senator Coburn said the policy was 'dangerous'
China is the largest holder with $1.1trillion as of March, according to the Treasury Department.
Brazil held $193.5bn, Russia $127.8bn, India $39.8bn, Mexico $28.1bn and Egypt had $15.3bn.
People have been saying that for decades.
They say it when they are young and SS is far off into the future yet over time they change their tune as they get closer to that magical age.
Don't give up so easily. Fight for reform that will save it for you.
It was done once before and can be done again.
Lol, with Americans as dumb as they are voting against their best interest I highly doubt this will happen.
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