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“The Social Security Trust Fund does not consist of real economic assets that can be drawn down in the future to fund benefits. Instead, they are claims on the Treasury that, when redeemed, will have to be financed by raising taxes, borrowing from the public, or reducing benefits or other expenditures.”
“Congress needs to stop raiding the Social Security trust fund to pay for unrelated government spending. The American people are right to demand an end to this shameful practice… For over 30 years, Congress has spent the Social Security surplus on other government programs, and it’s a safe bet that this will continue unless we can enact legislation that requires a change.”
“The government has lied to you, and they have stolen from you. They told you that your Social Security money is in a trust fund. All that’s in that trust fund is a pile of IOUs from money they spent on something else a long time ago. And they stole it from you because now they https://rksloans.com/installment-loans-ms/ know they cannot pay these benefits, and Social Security is going to be insolvent in seven to eight years”
“Money that taxpayers have paid into Social Security for their retirement should not be used to pay for everything from foreign aid to defense to public housing. That is just plain dishonest.”
“Last night while you were sleeping the Senate voted to steal $150 billion dollars from the Social Security Trust Fund. I joined 34 of my colleagues in a vote to prevent this raid. I would like to thank Senator Rand Paul for leading the fight to protect to Social Security from the thieves in Washington, who seem to think that if they steal from the American people at night while they are sleeping that they will get away with it.”Read more
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