Ronald Reagan: "Social Security has nothing to do with the deficit."
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Published on Nov 5, 2012 by WeAreSocialSecurity
At the first Reagan-Mondale debate in 1984, Reagan set the record straight about Social Security.
Credit to Bill Scher and the Campaign for America's Future for unearthing this quote from Reagan. ourfuture.org
Ronald Reagan, in the 1984 presidential debate:
Social Security, let’s lay it to rest once in for all…Social Security has nothing to do with the deficit. Social Security is totally funded by the payroll tax levied on employer and employee. If you reduce the outgo of Social Security, that money would not go into the general fund to reduce the deficit. It would go into the Social Security trust fund. So Social Security has nothing to do with balancing the budget or erasing or lowering the deficit.
Who knew that Republican-icon Ronald Reagan and progressive Senator Bernie Sanders -- actually AGREE on Social Security's impact on the Deficit?
which in short amounts to Zip ...
Bernie Sanders: "Social Security has nothing to do with the deficit!"
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Published on Nov 9, 2012 by WeAreSocialSecurity
On November 8th, 2012, Sen. Bernie Sanders visited The Ed Show on MSNBC to talk about the fiscal cliff, and how Social Security has nothing to do with it.
Who knew that Ronald Reagan was really a Progressive, when it comes to our "earned benefits" such as Social Security
-- certainly Not modern-day Republicans!
Even though they remain forever mired in the fabled Reagan-era past.