The budget connection is that the Gov needs cash, from either borrowing or taxes or cuts to other spending, to top up SS revenues to pay scheduled benefits. SS tax income is insufficient. Max Sawicky
-------------- Didn't the feds take a few percentage points off the SS payroll tax---as a bogus income relief. So did that get re-instated? And, isn't that the reason for the `topping' off and why SS revenues don't cover scheduled benefits? And, if the tax is re-instated and raised slightly wouldn't that cover whatever needed `topping' off? These games are very tiring to keep track of. CG _______________________________________________ pen-l mailing list [email protected] https://lists.csuchico.edu/mailman/listinfo/pen-l
