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View Diary: Retire at 55: Guess Who Else Is Suggesting an INCREASE in Social Security Benefits? (90 comments)

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  •  That was once true, then almost true (0+ / 0-)

    but now the accounts are all consolidated and soc sec is paid out of general revenues. My understanding is all disbursements from treasury are through the treasury general account. There are no segregated social security funds or highway funds or any other program trust funds as there must be in the private sector accounts.

    •  Not quite; the consolidation of accounts is (0+ / 0-)

      an issue of reporting ("the unified budget"), not a change in how the payments are handled, as I understand it.

      Non enim propter gloriam, diuicias aut honores pugnamus set propter libertatem solummodo quam Nemo bonus nisi simul cum vita amittit. -Declaration of Arbroath

      by Robobagpiper on Wed Dec 19, 2012 at 03:52:21 AM PST

      [ Parent ]

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