Does Social Security add to the deficit?

When the subject of deficit reduction heats up, proposals to cut Social Security are never far behind. But does the Social Security System add to the federal deficit? According to Sen. Tammy Baldwin and Rep. Mark Pocan, both Wisconsin Democrats, it does not. Read more…

 

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Comments On This Topic

  1. We paid into Social Security and that should have been put into a private fund to draw interest. There would have been more than enough to go around,even for future generations. We already pay taxes to Federal and State, property taxes to schools. Social Security is taxed… we are taxed enough! It’s long past time for the Federal Government to reduce spending.

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