Point: Social Security's future is a question of values, not affordability
Social Security is conservatively financed and managed. It has no borrowing authority and cannot deficit-spend.
Source: recordnet.com
Stay updated with breaking news from Robertm Ball. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Social Security is conservatively financed and managed. It has no borrowing authority and cannot deficit-spend.
President Bush's 2001 and 2003 tax cuts stimulated investment andexpanded employment, adding some strength to the Social Securitysystem in the process. Extending these tax cuts permanently wouldhelp to lock in these gains and spur further economic expansion. Incontrast, a straightforward repeal of the President's tax cutswould harm both the economy and Social Security.