IF the Federal Gub-Mint would quit "borrowing" from the Social Security Trust Fund...and adding NEW Coverages...it wouldn't be sliding into "insolvency". It is an actuarial certainty ..just as an "Ordinary Life" Insurance Policy.
The House and the Senate have used Social Security Funds to get them "re-elected".
NOW...they refuse COLA and/or $250 adjustment for Seniors, etc. on Social Security.....AND cut the revenue by 2% ( which is more like a 15% cut in Social Security REVENUES.)
THAT SAID.....I do think the "cut" will be good for the Economy (overall)...it will just be done "on the backs" of the recipients of Social Security....who paid in all their working lives.
just one man's opinion,
-Junkmanme-
The House and the Senate have used Social Security Funds to get them "re-elected".
NOW...they refuse COLA and/or $250 adjustment for Seniors, etc. on Social Security.....AND cut the revenue by 2% ( which is more like a 15% cut in Social Security REVENUES.)
THAT SAID.....I do think the "cut" will be good for the Economy (overall)...it will just be done "on the backs" of the recipients of Social Security....who paid in all their working lives.
just one man's opinion,
-Junkmanme-