Reply #47: They have been spending ALL the SS fund since Lyndon Johnson... [View All]

[BornaDem]

in 1964. It got worse after they raised payroll taxes in 1983 because they were taking in more $ so they (BOTH parties) had more $ to steal. (Remember who controlled congress, mostly both houses, from 1964 until 1994?) Notice that by raising taxes in 1983 to prepare for the Boomers, nobody suggested that all that $ not continue to go into the general fund where they could continue to spend it. If they raise payroll taxes again with the excuse that they're going to fix the current problem, if you are younger than a Boomer, you had better start saving every penny you can because if you live to get old, there will be NO SS, not a reduced payment, NONE, for you for certain. Neither party is your friend if you have worked for 30 yrs. and paid into SS. Your chances of seeing anything are next to none.

Are you aware that the Supreme Court ruled long ago that the government does not have to pay you anything of the taxes you have paid into SS?