Phatbob said:Hullabaloonatic said:Direct Enter Enter said:Hullabaloonatic said:Sims said:Hullabaloonatic said:carl spacklers hat said:
I never celebrate Socialism. There are no freebies, somebody, somewhere is paying. Bad New Mexico.
You don't celebrate Social Security, Medicare, or Medicaid?
War on Poverty...somehow we've spent over $30,000,000,000,000 to help people take care of themselves and here we are still...
In the history of our nation, no program has lifted more people out of poverty than Social Security. By almost every metric, SS is arguably the most successful government policy the nation has ever created. A program that by design funds itself through FICA and has no impact on the deficit, budget, or debt.
Hey Google, "How much FICA goes into Social Security each year nationwide?"
"Estimates from the Social Security Administration (SSA) indicate that around $1.17 trillion in FICA taxes was directed to Social Security in 2023"
Hey Google, "How many dollars in social security benefits are paid out annually?
"In fiscal year 2023, the Social Security Administration paid out approximately $1.38 trillion in benefits, while projections for 2025 estimate the total annual payout to be around $1.6 trillion."
Hey Google, "Explain the difference between the Social Security program and the Social Security Trust Fund"
^I already explained this, so please do yourself and me a favor and educate yourself on SS, how the money spent is collected, and the difference between that and the discretionary annual budget.
You're pointing to the 5'-6' area of the pool and calling it something different than the rest of the pool and expecting it to matter what it is called. It doesn't matter what it is called, it works in reality the same way as the rest of the budget because there IS NO TRUST FUND, only the general budget.
lol you're just wrong. SS is an entirely separate pool with it's own water source. This is a matter of basic civics. The Government doesn't allocate a single PENNY to Social Security outside of what is raised through FICA. The social security 'deficit' is covered exclusively BY FICA DOLLARS (not additional government deficit spending).