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Politics : View from the Center and Left
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To: Metacomet who wrote (205993)10/26/2012 11:15:25 AM
From: Sam  Read Replies (1) of 541471
 
What Steve means by "defunding SS" is that Obama gave working people a tax break by lowering the amount that they paid into social security by 2%, which means that less money went into the SS fund.

It is a little misleading when put as starkly as Steve put it, maybe the word "underfunding" would be better than "defunding," but it is true in the above sense.
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