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The Water Cooler
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Social Security COLA figures for 2013 announced.
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<blockquote data-quote="Rabbitcreekok" data-source="post: 1949914" data-attributes="member: 14809"><p>This "ridiculous program" debt would not exist if Congress had not taken all the extra money above that required to make the monthly SS payments out of the fund, left an IOU that can never be reclaimed, and spent it on pork so they can get re-elected each term.</p><p></p><p>Congress has done the same thing with other trust funds such as the Aviation Trust Fund, which receives the taxes paid on Jet A and Avgas. They just cannot stop their spending.</p></blockquote><p></p>
[QUOTE="Rabbitcreekok, post: 1949914, member: 14809"] This "ridiculous program" debt would not exist if Congress had not taken all the extra money above that required to make the monthly SS payments out of the fund, left an IOU that can never be reclaimed, and spent it on pork so they can get re-elected each term. Congress has done the same thing with other trust funds such as the Aviation Trust Fund, which receives the taxes paid on Jet A and Avgas. They just cannot stop their spending. [/QUOTE]
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Social Security COLA figures for 2013 announced.
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