DealMonkey
Lifer
- Nov 25, 2001
- 13,136
- 1
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Cad - maybe if Congress would stop spending the surplus SS trust fund $$ we wouldn't be facing a problem when all of the baby-boomers retire. Would we? I don't blame the program, I blame the politicians. The Bush "tax cuts" have also, in part, caused the gov't to go into SS funds to balance the books. In 2001 (link), "...this year's federal budget surplus has plunged to $153 billion because of the nation's economic doldrums and the Bush administration's tax cut, meaning the federal government will have to cover $9 billion of spending by dipping into Social Security, the nonpartisan Congressional Budget Office projected Tuesday..."