« US money printing to continue | Main | US debts spinning out of control »
December 15, 2005
Washing budget cuts a lie
(1) it takes out all the (really "off-budget") excess money coming into the Social Security retirement fund, that is supposed to be saved for future retirees' checks, (2) considers it as "income" for Congress and uses it all to pay Congress's own bills, and then (3) subtracts that "income" from Congress's own losses and reports only the total to the public as "the" budget. More
Posted by Ray Hewitt at December 15, 2005 10:50 PM
Comments
Post a comment
Thanks for signing in, . Now you can comment. (sign out)
(If you haven't left a comment here before, you may need to be approved by the site owner before your comment will appear. Until then, it won't appear on the entry. Thanks for waiting.)