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I disagree. It is not a return of one's own money! There is no speciic account into which one's SS taxes have been deposited (and then invested) and are being held for return at a later date.

It is an implicit return of one's own money, not explicit.

'The proceeds of both the employee and employer taxes are to be paid into the Treasury like any other internal revenue generally, and are not earmarked in any way.'

Of course, but in practice, trying to take such away, even something as simple as a change in the method by which CPI is calculated, makes it effectively earmarked for those expecting benefits.

I believe we would sooner cut defense spending in half before we let SS fail or suffer at 25% haircut.

I don't need it to be constitutionally guaranteed in order to be very confident that it will largely be there for me 20 years from now. I know what will happen to any pol that tries to have it be otherwise.

Now, those 20 years younger than me... they are very likely out of luck. They don't vote enough and don't have enough political clout to protect themselves from those of us that are on the backend of our lifetime SS contributions or those that are already receiving such.

Much like ACA, the young will end up oversubsidizing the old. The one thing I left out of my possible solutions was an increase in the FICA tax which is also a good possibility. Of course, the closer you are to retirement, the less such an increase will cost you over your lifetime.
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