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Ronald Reagan: Social Security Has NOTHING To Do With Balancing The Budget Or Lowering The Deficit »

Let's lay this to rest:   "Social Security has nothing to do with the deficit.  Social Security is totally funded by the payroll tax levied on employers and employees.  If you reduce the outgo of Social Security, that money would not go into the General Fund to reduce the deficit, that would go into the Social… Source Main page (current trends)

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