"There's a lot of talk that Social Security is responsible for the deficit. That is so far from the truth that it's laughable," Critz said.
Critz said that except for 2010, Social Security has brought in more money than it has paid out in benefits. He said the excess now totals $2.6 trillion, which is invested in U.S. Treasury notes. Critz said since the Treasury notes are guaranteed by the U.S. Government, they show as a debt against the government, but he said that to call that part of the national debt is just smoke and mirrors.
http://www.heraldstandard.com/news/local_news/critz-against-privatizing-medicare/article_9354f4f4-6043-5d89-ab4e-414dfd01a010.htmlCongressman Mark Critz met with area residents at the Center in the Woods Friday, addressing issues such as the future of Social Security and proposed changes to Medicare and Medicaid.