Also, read this letter from Charles Rangel. The Bush tax cuts were your Social Security and Medicare. The money is going to these tax cuts instead. No question about it. The money is just gone now, and you won’t be getting Social Security or Medicare.
The Social Security and Medicare trust funds — financed through the payroll tax on workers — are being rapidly funneled out to “give the money back” to wealthy taxpayers. This lays the groundwork for the end of those two programs — not reform, end — because the money will simply not be there.
So when you hear someone defending these tax cuts, ask them if they understand that it means no Social Security or Medicare for them.