The best ideas congress came up with to help out working Americans during the great recession was to cut social security tax contributions , extend the Bush tax rates, and to extend unemployment benefits to the unemployed.
I find it curious why they chose to tamper with the social security fund. Hasn't that money been tampered with enough?. Is this another way to kick the can down the road? So if you are contributing less each pay period, are they promising to make up the difference for your account?
Actually the proposal is to use general revenues that the federal govt takes in to fund the difference.
Americans are not demanding the answers. Tax withholding has been the life line to the fund and it is gradually being transformed into a general revenue fund.
Wouldn't it have been easier to go with Bush's proposal to fund individual savings funds?
As long as the govt is in control of it, it will never be secure.
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