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Jim Lane

(11,175 posts)
4. And some of the commenters just got things wrong
Wed Mar 6, 2013, 11:44 AM
Mar 2013

Like this comment about Social Security:

Question: When the payroll tax was lowered by 2% did it impact the Trust Fund? Answer: No...it's only make believe money in the trust fund and they can make believe they have anything they want. Obama sent a directive that they do this...


As tclambert notes, it's not make-believe money. Obama sent no directive -- the legislation establishing the payroll tax holiday also provided for a transfer from the general fund to the Social Security Trust Fund to make up the difference. The right wing is hung up on this idea that Obama is governing as a dictator.
Latest Discussions»Issue Forums»Editorials & Other Articles»A Pop Quiz About Federal ...»Reply #4