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View Diary: Dem Econ Agenda: Budget Balancing = Reforming Government (236 comments)

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  •  Ummm... you just argued there was a surplus... (0+ / 0-)

    Proof: take note of the disclaimer displayed in the title as, "(not inc Social Security Surplus)".

    The "inc" is short for "including".

    Not including social security excludes the surplus that social security was running and still is running.  Therefore, not including social security actually makes the numbers worse than if it were included.

    Are you somehow suggesting that the interest on the debt held by the social security trust fund it not included, and the interest paid on that exceeds the yearly social security surplus?

    •  This is correct (2+ / 0-)
      Recommended by:
      MJB, TAXme

      Social Security will still run a surplus of taxes over outlays for a few more years--10 at least, if memory serves.  Then payroll taxes will not completely cover benefits.  So including  SS surplus is what Congress has used to obscure the ever-accumulating debt.

      "False language, evil in itself, infects the soul with evil." ----Socrates

      by Mimikatz on Mon Jul 10, 2006 at 09:41:08 AM PDT

      [ Parent ]

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