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Politics : A US National Health Care System? -- Ignore unavailable to you. Want to Upgrade?


To: TimF who wrote (2678)11/3/2007 1:28:19 AM
From: Peter Dierks  Read Replies (2) | Respond to of 42652
 
If my understanding is correct it was not until the democrat controlled Congress passed legislation in roughly 1972 that they finally gained the power to spend all of the surplusses generated by Social Security and Medicare.

Prior to that I suspect they could only tap the interest "payments" transfered back from the treasury from holding bonds.