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Politics : Mainstream Politics and Economics -- Ignore unavailable to you. Want to Upgrade?


To: Steve Lokness who wrote (13068)3/20/2012 11:40:26 AM
From: Bearcatbob  Read Replies (2) | Respond to of 85487
 
What I said is that if you need extra money to pay out SS that you could stop the wars.


That does not do it. SS is operating a deficit. Therefore it is liquidating its "bonds" from the treasury. Hence the Interagency Debt is being converted to Publicly Held Debt. It is especially true when we are now cutting the SS tax.

Bob