It is. As CNN Money says Social Security taxes are not paying the bills.
So instead of supplying a few hundred billion to the Treasury’s take for the bureaucrats to squander each year, the Treasury will have to come up with a few hundred billion a year to keep Social Security checks flowing. Is Congress concerned?
Evidently not. The Dimocrats just refused to implement a salary freeze until the economic crisis is over. Real responsible, there, Con.
Filed under Congressional Jokes – because this Congress is a joke.