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URL:  http://boards.fool.com/so-if-ss-and-medicare-arent-causing-the-deficit-30383824.aspx

Subject:  Re: Simpson/Bowles on CNBC going off... Date:  11/15/2012  6:18 PM
Author:  DufusGoneSplat Number:  1837185 of 2015683

So if SS and medicare aren't causing the deficit, what is? Is it the wars which cost $100bil/yr or the tax cuts on the top rate which cost $70bil/yr? Or is it both? Lets see thats $170bil/yr. What's the deficit again?

Mark


Take a look at the following spreadsheet;
http://www.whitehouse.gov/sites/default/files/omb/budget/fy2...

as taken from the Office of Management and Budget;
http://www.whitehouse.gov/omb/budget/historicals/

Note the "On-Budget" columns and the "Off-Budget" columns.

Today there are only two off-budget entities that were once on-budget: the Social Security system and the U.S. Postal Service.

http://www.taxpolicycenter.org/briefing-book/background/taxe...

The larger and better known programs under the Social Security Act and amendments are:

Federal Old-Age (Retirement), Survivors, and Disability Insuranc