You are viewing an obsolete version of the DU website which is no longer supported by the Administrators. Visit The New DU.
Democratic Underground Latest Greatest Lobby Journals Search Options Help Login
Google

Reply #16: No [View All]

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
Home » Discuss » General Discussion: Presidency Donate to DU
ProSense Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-07-11 07:43 PM
Response to Reply #12
16. No
The tax cut was fully offset by money from general revenue so that the trust fund was unaffected by the tax cut.

Therefore, Social Security is now dependent on a certain amount of money out of the normal budget. Before, the Social Security Trust Fund was entirely separate. It never needed general revenue money and therefore didn't contribute to the general revenue deficits. Now, to a small extent, it does.

...it's a one time arrangement. You're implying that replacing the funds changes the fact that Social Security by law is a self-funding entity. It's on the government to replace the funds to satisfy the arrangement. It has nothing to do with Social Security's structure.


Printer Friendly | Permalink | Reply | Top
 

Home » Discuss » General Discussion: Presidency Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators


Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC