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<blockquote data-quote="sstterry" data-source="post: 1618610" data-attributes="member: 28912"><p>This gets complicated. Had the powers that be left the Social Security Trust fund alone and not raided it beginning in the 60's (both parties), it would be in great shape. But now, there is essentially no trust fund at all. It is pretty much pay as you go.</p><p></p><p>Last year we had a massive tax cut. This, of course, led to more deficit spending. The farm bailout bill (because of the China problem) is now one of the biggest in history. Congress and those in Washington like to spend like drunken sailors. How long has it been since we had a real budget? Every 6 months congress is having to raise the debt ceiling. The last administration that had a reduction in deficit spending was Clinton. Trump has proposed cutting SS and Medicare benefits, but that has not gotten much air time. But that won't solve the problem.</p></blockquote><p></p>
[QUOTE="sstterry, post: 1618610, member: 28912"] This gets complicated. Had the powers that be left the Social Security Trust fund alone and not raided it beginning in the 60's (both parties), it would be in great shape. But now, there is essentially no trust fund at all. It is pretty much pay as you go. Last year we had a massive tax cut. This, of course, led to more deficit spending. The farm bailout bill (because of the China problem) is now one of the biggest in history. Congress and those in Washington like to spend like drunken sailors. How long has it been since we had a real budget? Every 6 months congress is having to raise the debt ceiling. The last administration that had a reduction in deficit spending was Clinton. Trump has proposed cutting SS and Medicare benefits, but that has not gotten much air time. But that won't solve the problem. [/QUOTE]
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