Which political party is honsest about Social Security?

Question

What happened with this promise?
Franklin D. Roosevelt promised:

1.) That participation in the Program would be completely voluntary,

2.) That the participants would only have to pay 1% of the first $1,400 of their annual incomes into the Program,

3.) That the money the participants elected to put into the Program would be deductible from their income for tax purposes each year,

4.) That the money the participants put into the independent “Trust Fund" rather than into the General operating fund, and therefore, would only be used to fund the Social Security Retirement Program, and no other Government Program, and,

5.) That the annuity payments to the retirees would never be taxed as income.

Since many of us have paid into FICA for years and are now receiving a Social Security check every month -and then finding that we are getting taxed on 85% of the money we paid to the Federal government to "put away," you may be interested in the following:

Q: Which Political Party took Social Security from the independent "Trust" fund and put it into the General fund so that Congress could spend it?

A: It was Lyndon Johnson and the Democratically-controlled House and Senate.

Q: Which Political Party eliminated the income tax deduction for Social Security (FICA) withholding?

A: The Democratic Party.

Q: Which Political Party started taxing Social Security annuities?

A: The Democratic Party, with Al Gore casting the "tie-breaking" deciding vote as President of the Senate, while he was Vice President of the U.S.

Q: Which Political Party decided to start giving annuity payments to immigrants?

MY FAVORITE

A: That's right! Jimmy Carter and the Democratic Party. Immigrants moved into this country, and at age 65, began to receive SSI Social Security payments!

The Democratic Party gave these payments to them, even though they never paid a dime into it!

Then, after doing all this lying and thieving and violation of the original contract (FICA), the Democrats turn around and tell you that the Republicans want to take your Social Security away!

And the worst part about it is, uninformed citizens believe it!

If enough people receive this, maybe a seed of awareness will be planted and maybe good changes will evolve.

How many people can YOU send this to?

Politics is supposed to be the second oldest profession. I have come to realize that it bears a very close resemblance to the first.

Answer 1

Neither party will tell you that Social Security is nothing but a Pyramid Scheme, the type of con game that was outlawed by the Congress just shortly before they enacted Social Security.

Answer 2

In Ca. our Democrat Legislature refused to go along with "Welfare to work" We spend between 10 and 15 billion a year on welfare benefits to illegal aliens and have the largest welfare population in the country. The Democrats have raided Social Security every time it was taken from. Every time it was raided it was from a Democrat President and Congress. Bill Clinton being the last to do so. He took 158 billion from it. In Clinton's, Gore's and Kerry's campaigns they repeatedly stated the Republicans would take Social Security from the retired folks when in fact it has always been the Democrats that have done it. This is from the C.B.O. 1999. and what Clinton did. The only way a surplus can be created is by lowering taxes and cut spending. Neither of which the Democrats have ever done. Yesterday the Congressional Budget Office (CBO) released its preliminary re estimate of the White House budget. This follows the Joint Committee on Taxation's (JCT) re estimate of the Clinton White House's tax provisions last week. Together, CBO and JCT are Congress' official estimators -- nonpartisan entities that Clinton himself promised to use when he first took office back in 1993. President Clinton has promised to protect Social Security, to reduce the debt to the maximum extent possible, to control spending, and reduce taxes. But, Congress' official estimators show that on all four counts, the President's budget fails. Instead, Clinton's budget raids the Social Security trust fund for $158 billion in five years, it artificially erases the surplus, it lowers the public debt less than doing nothing would, it increases spending, and it raises taxes by $89.7 billion over the 1999-2009 period. Clinton Raids Social Security: According to CBO, Clinton spends $40 billion of the Social Security surplus in his budget's first year (2000) and $158 billion over the first five years (2000-2004). This is the same Social Security surplus that he has promised to save in its entirety

Answer 3

Honest and Political Party in the same sentence...
Never seen that before

Answer 4

Republicans are at least less dishonest than Democrats. I won't go so far as to call a group of politicians honest.

Answer 5

Good stuff ublion. Down with the socialist democrats.

Answer 6

Thank you for printing the above information.
I know it is true.
I have seen the data before and appreciate you compiling it for us.

Answer 7

Neither, since neither wants to get rid of it.

Answer 8

yeah that is right