(no subject)
The key points I'd like to make sure everyone noticed from the previous article:
"The president did not mention that it would cost $750 billion in the first several years to transition to the new system."
"He repeated a list of options for bringing the program into solvency, all of which involve cutting benefits in one way or another..."
"He said the only thing he rules out is raising the payroll tax, which is currently applied to the first $90,000 of wages."
"'If we do not act now to avert that outcome, the only solutions would be dramatically higher taxes, massive new borrowing or sudden and severe cuts in Social Security benefits or other government programs,' he said."
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Wow, when did you start getting concerned with the budget mr. dubya? Was it when you cut taxes for the wealthy while simultaniously funneling massive amounts of money into iraq? That was smart. If I ever lose my job and am going broke, I'll make sure to spend on extravagent things. I just won't buy my kids christmas presents...
"The president did not mention that it would cost $750 billion in the first several years to transition to the new system."
"He repeated a list of options for bringing the program into solvency, all of which involve cutting benefits in one way or another..."
"He said the only thing he rules out is raising the payroll tax, which is currently applied to the first $90,000 of wages."
"'If we do not act now to avert that outcome, the only solutions would be dramatically higher taxes, massive new borrowing or sudden and severe cuts in Social Security benefits or other government programs,' he said."
****
Wow, when did you start getting concerned with the budget mr. dubya? Was it when you cut taxes for the wealthy while simultaniously funneling massive amounts of money into iraq? That was smart. If I ever lose my job and am going broke, I'll make sure to spend on extravagent things. I just won't buy my kids christmas presents...