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#3
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![]() What continues to be alarming yet rarely ever spoken about is the fact senior citizens both present and in the future are among the largest owed creditors of the debt. $3.6 trillion, 100% owed, not a dime in cash, by a Treasury who had $60 billion on hand and had to kick and scream to get $1.2 trillion more, zero of which, was deposited in the SS fund. A fund that was fully paid for by recipients who paid in cash every pay period. Yet as soon as it was received in fact long before it was received it was spent with the promise of treasury credits. If they were a bank they'd be out of business and under indictment. Fixing social security should now be a priority above any program not funded by participents, including PBS, NPR, the national ad administration etc etc etc. Cuts are all in the details and there are thousands and thousands out there available to cut with little or no adverse effects to the general public.
It's a no brainer. We pay ourselves back the money owed us, reduce the debt by over $3 trillion and have a built in safety net so seniors will not have to worry anytime soon. Meanwhile I can deal with the occasional pot hole. |