Raiding the Trust Fund: Using Social Security Money to Fund Tax Cuts for the Rich

by Allen W Smith and Allen W. Smith

Book Overview

The money's gone Social Security doesn't have $2.7 trillion stashed away for paying benefits, as so many people believe. It cannot pay benefits for another 20 years, as is often claimed. In fact, Social Security does not have enough money to pay full benefits, even for 2014, without borrowing money from China or another of our creditors. How can this be? Wasn't Social Security fixed by the Social Security Amendments of 1983, which included a large...

• Format: Paperback
• Language: English
• ISBN: 0990303667
• ISBN13: 9780990303664
• Release Date: September 2015
• Publisher: Ironwood Publications (FL)
• Length: 184 Pages
• Weight: 0.65 lbs.
• Dimensions: 0.4" x 6.0" x 9.0"
• Age Range: 18 years and up