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Politics : Bill Clinton Scandal - SANITY CHECK
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To: Les H who wrote (29265)1/22/1999 4:47:00 PM
From: Daniel Schuh  Read Replies (1) of 67261
 
First of all, Les, the question of using the "surplus" for SS doesn't really apply till 2013, when it goes negative on a cash flow basis. That's looking ahead a lot farther than politicians are known for.

The question of the level of SS benefits, and its dependence on the CPI, is not the same question as the issue of the SS trust fund debt, i.e. the obligation of the government to treat the Treasury bonds in the trust fund in the same way it treats its other treasury bonds. Right? Yes, the issue of how long the trust fund would last is dependent on the level of benefits. How is this supposed to nullify the obligation of the Federal government to stand behind its debt to the SS trust funds?

On the general lying issue, you have to get out Diogenes' lamp and look for somebody proposing an honest evaluation of SS in Congress. There may be somebody out there, I don't know. Is somebody seriously proposing cutting back benefits, or making it means tested? If so, I'd like some names.
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