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Author: lhaselden Big funky green star, 20000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 176840  
Subject: Re: Health costs and debate questions ignored Date: 10/31/2012 12:28 PM
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SS has never been outside of the budget; there has never been a lock box. The only way to make such would the to significantly increase taxes or cut benefits to start building up such deposits.
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The file cabinets full of the treasury notes for what is owed to social security exists and are full. IT is not a lock box , you are correct and the Congress and all administrations raid it on a regular basis, but neither is social security paid from income tax revenue, it is paid from social security revenue, and after the 2%cut the last 2 years some of the treasury notes were paid to have enough funds.....


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Medicare is insurance. It is not pre-paid medical care. If you want it to be pre-paid medical care, then the cost would need to significantly increase as most people consume more care than what they pay in.
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It is pre paid insurance then ....
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