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View Diary: What's in the American Jobs Act? (148 comments)

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  •  Please understand (4+ / 0-)

    You are right to be concerned, but the situation is more dire than you describe.

    The hole in the trust fund created by the social security dedicated tax revenue cut will be filled with borrowed money.  The general fund doesn't have any revenue to give the trust fund.

    Before last December, the trust fund was a lender to the government. It is now a borrower from the government.

    This Frankenstein will cause much damage down the road.

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