PzKfW IVe
Banned
- Joined
- May 12, 2011
- Messages
- 1,845
- Reaction score
- 289
- Gender
- Male
- Political Leaning
- Very Conservative
1: The "specific tax" argument is meaningless. The deficit is figured with every dollar of revenue compared to every dollar of outlay. Every dollar of SS spending is an outlay, and so every dollar of SS spending contributes to the deficit.If I am not mistaken
Social Security is not the issue. It is funded through a specific tax that currently is either in surplus or just slightly in the red. Which given the surplus from previous years means it is not the issue regarding todays deficits
2: When the SSTF IOUs come due, the only way to pay them back is from general revenues or more borrowing. Either way, this will drive up the deficit even more.