Tag: social security

Examining Obama’s “Moderate” Budget Proposal

by Doug Edelman
Social Security is about to go bankrupt. The President is correct in saying Social Security is not the cause of the deficit… but the decision under Democrat Administrations to eliminate the “trust fund” and “lock box” aspects keeping Social Security separate from the general fund of the US treasury IS a cause. Social Security might have remained solvent if it were not raided by prior administrations to fund their pet vote buying schemes!