February 27, 2019
Truth or Lie: Social Security Doesn’t Add to the Debt
Congress, the branch of government that controls the purse strings and that is therefore responsible for the national debt, passed yet another milestone the other day when the debt blew past $22 Trillion. That’s a 14-digit liability that the American taxpayer is on the hook for. What a deal -- members of Congress get to buy your vote with your kids’ money.
In November of 2012 on The Ed Show (mercifully cancelled in 2015), Vermont Senator Bernie Sanders said: “We are not gonna cut Social Security, which, by the way, as Harry Reid just reminded us, has nothing to do with the deficit.”
Well, there’s an opioid epidemic in Vermont (which might explain how a socialist like Sanders could be in the Senate), but there are other left-wing career politicians who say the same thing. So the question is: Is Sanders right? Does Social Security, usually the largest expenditure of the federal government, have nothing to do with the yearly deficits Congress runs and...(Read Full Article)
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