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Welcome to the AARP Discussion Board. Here you can talk with peers about current events ranging from Social Security to caring for your parents to the latest on health care reform. It is also the perfect place to exchange healthy eating recipes and job hunting tips.
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National Debt & SOCIAL SECURITY
posted at January 27, 2013 6:33 AM EST
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Re: National Debt & SOCIAL SECURITY
posted at January 28, 2013 4:45 AM EST
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Posts: 585
First: May 28, 2012 Last: May 15, 2013 |
Jan, I just hope there is still enough moderate republicans, who still support protecting Social Security and Medicare. I dont think enough of our seniors and disabled realize what the right wing republicans want to do with us. They could care less about us. Today's right wing republicans believe If you didn't make millions in your prime, tough luck, you dont deserve to survive with dignity. Response to National Debt & SOCIAL SECURITY: DID YOU KNOW that the majority of the National Debt is owed to Social Security. DO YOU KNOW why republicans want to privatize ......its so they don't have to pay you back ....and let Wall Street gamble with the new money . Posted by JANMB |
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Re: National Debt & SOCIAL SECURITY
posted at January 29, 2013 2:59 PM EST
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Re: National Debt & SOCIAL SECURITY
posted at February 27, 2013 11:52 PM EST
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Posts: 1
First: February 27, 2013 Last: February 27, 2013 |
In Response to National Debt & SOCIAL SECURITY: DID YOU KNOW that the majority of the National Debt is owed to Social Security. DO YOU KNOW why republicans want to privatize ......its so they don't have to pay you back ....and let Wall Street gamble with the new money . Posted by JANMB Yes, since the Treasury securities held by the SS trust fund are debt instruments, when the national debt is added up the trust fund is included along with the public debt. However, since the trust fund Treasuries are fully paid for by the payroll tax, Social Security does not add anything to the federal debt or deficit. The aggravating thing about this, and what we should all understand so that we can successfully counter the constant attacks on Social Security, is that all the claims in the media that Social Security adds to the debt are entirely incorrect. Even the redemption of Treasuries from the trust fund do not affect the debt because of how it is done. |
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Re: National Debt & SOCIAL SECURITY
posted at March 2, 2013 12:16 PM EST
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