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Old Jul 05, 2015, 02:59 PM
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Rose76 Rose76 is offline
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Member Since: Mar 2011
Location: USA
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In post # 20, I explained how the funds are not "used up." The wealth of the two Social Security trust funds are held in the form of bonds, which can be cashed in at any time.

As far as who doesn't want to raise taxes: That would be the Republicans. (When average people vote for Republicans, it's mainly because they believe their taxes will be lower if the do.) Not only do Republicans not want to raise taxes, they reduced taxes below what the were, especially for the rich. This was done in 2001 and 2003, when Bush, jr., was president. That cut off billions of dollars that would have come into the Treasury. (Actually, it's more like trillions in revenue that was lost.) By cutting taxes, the Republicans have hoped to starve things like Social Security and Medicare out of existance. They partially succeeded in that now you have to be older to collect full Social Security.

The Middle East wars have cost America trillions. Obama has done his best to cut down what we are spending on wars over there. The Republicans in Congress, who don't want to declare war, like the Constitution says is their job, are mad that Obama isn't sending more and more soldiers to Afganistan, Iraq, Syria, Iran, North Korea . . . They never say how they want to pay for these military adventures.