Senator Tom Harkin (D-Iowa) charges Obama with "beginning the unraveling of Social Security"

[Rugnuts]

43. I'm embarrassed that it's being proposed by a Democratic president and a Democratic vice president

because its never happened before?
Original Social Security Promises Under FDR's Plan:

1.) That participation in the Program would be Completely voluntary.
Its no longer voluntary.

2.) That the participants would only have to pay 1% of the first $1,400 of their annual income into the program.
It was up to 7.65% at one time. Current rate changed under Obama: 4.2% from the employee and 6.2% from the employer on income up to $110,600 (Democrat)

3.) That the money the participants elected to put into the program would be deductible from their income for tax purposes each year.
It is no longer tax deductible. (democrat)

4.) That the money the participants put into the independent 'Trust Fund' rather than into the general operating fund, and therefore, would only be used to fund the Social Security Retirement Program, and no other Government program.
Under Johnson the money was moved to The General Fund and Spent (Democrat)

5.) That the annuity payments to the retirees would never be taxed as income.
Under Clinton & Gore Up to 85% of your Social Security can be Taxed (Democrat)