SOS (SAVE OUR SOCIAL SECURITY) is ready to collect pledges from candidates for the U.S. Congress that they will not vote to weaken Social Security.  We are serious about this.  We will not stand by and watch the most successful economic security program in the history of the United States “thrown under the bus.” 

We don’t want to hear that entitlements are busting the budget.  That isn’t true.  We don’t want to hear that Social Security must be “reigned in” and that reducing Social Security benefits “is necessary if we are willing to make the hard decisions we need to make.”

The truth is, Social Security has a 2.5 trillion dollar surplus.  The Social Security Trust Fund can fully fund the program payouts until 2037.  After 2037, the program is funded at 75% into the foreseeable future.  The 25% deficit after 2037 can be easily eliminated by a simple change in the cap of $106,800.  Currently, only 83% of taxable payroll is taxed.  Move this to 90% and voila, problem solved.

This information comes from the 2010 report of the Trustees of the Social Security Trust Fund.  We could make a very large number of arguments that would destroy the Social Security propaganda promoted by both Democrats and Republicans – but mainly by Republicans.

Candidates running around discussing Social Security had better have their facts in order.  We do.  And, whenever possible, we will be present where they show up.

Why is no one talking about the out of control, bloated defense budget?  See post below about spending by the military-industrial complex.