Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

General Discussion

HooptieWagon

(17,064 posts)

13. Exactly.

Reply to cthulu2016 (Reply #4)

Mon Apr 23, 2012, 05:01 PM

Apr 2012

Once the reserve is spent, funding still continues at about 75%. Not possible for SS to "run dry"... as long as payroll tax is taking in money, there is money to pay beneficiaries.

Edit history

Please sign in to view edit histories.

Recommendations

0 members have recommended this reply (displayed in chronological order):

14 replies

= new reply since forum marked as read

Highlight:

In continued fear-mongering, the new claim is the Social Security to run dry by 2033 [View all] liberal N proud Apr 2012 OP

What "funds that have been stolen"? TheWraith Apr 2012 #1

They have called it Borrowing from the trust fund liberal N proud Apr 2012 #3

That is nonsense, which completely fails to understand the nature of US bonds. TheWraith Apr 2012 #5

Thank you for a breath of sanity. I get so sick of the BS about coalition_unwilling Apr 2012 #7

STOP THE DAMN WARS (INCLUDING THE RAYgun ESCALATED DRUG WAR!) supraTruth Apr 2012 #12

"run out of money" = lie. & the main reasons for the change in the forecast = obama's tax "holiday" HiPointDem Apr 2012 #2

It has nothing to do with the payroll tax. TheWraith Apr 2012 #6

the money it takes in re the payroll tax holiday = buyback of TF securities = depletion of TF in HiPointDem Apr 2012 #9

Benefits would have to be cut in 2033 cthulu2016 Apr 2012 #4

I am nor worried about it. RebelOne Apr 2012 #8

& how about ALL of the $ owed to it from the General Fund AND the INTEREST on THAT?! supraTruth Apr 2012 #11

nobody answers that question fascisthunter Apr 2012 #14

Exactly. HooptieWagon Apr 2012 #13

ELIMINATE the CAP on income! NO more worries! supraTruth Apr 2012 #10