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TheMercenary · 06-13-2008, 01:36 PM

First let me state that a number of very good ideas have emerged to maintain the solvency of the SS system, among them all were to raise the cap. I will have to find the proposal that was most attractive, I think it was a Dem House or Senate member that proposed it. But anyway they showed that raising the cap to something like 120k ensured another 50 to 100 years of solvency. So why didn't they just do it and why was there no overwhelming support? The way I understand it, it was all politics, go figure huh...
anyway, by the time the bill made it through committee there was so much pork attached it was unpassable. Not only that, any time you have excess monies, even if they are potential monies that may exist in the future, politco's see that as a personal sump and a way to fund unfunded other stuff with a weak promise to pay it back before it is needed, but that never happens. The problem, as usual lies with Congress.

06-13-2008, 01:36 PM	#15
TheMercenary “Hypocrisy: prejudice with a halo” Join Date: Mar 2007 Location: Savannah, Georgia Posts: 21,393	First let me state that a number of very good ideas have emerged to maintain the solvency of the SS system, among them all were to raise the cap. I will have to find the proposal that was most attractive, I think it was a Dem House or Senate member that proposed it. But anyway they showed that raising the cap to something like 120k ensured another 50 to 100 years of solvency. So why didn't they just do it and why was there no overwhelming support? The way I understand it, it was all politics, go figure huh... anyway, by the time the bill made it through committee there was so much pork attached it was unpassable. Not only that, any time you have excess monies, even if they are potential monies that may exist in the future, politco's see that as a personal sump and a way to fund unfunded other stuff with a weak promise to pay it back before it is needed, but that never happens. The problem, as usual lies with Congress. __________________ Anyone but the this most fuked up President in History in 2012!