House Agrees to Two Month Payroll Extension, page 1
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reply posted on 23-12-2011 @ 10:13 PM by charles1952
reply to post by Majiq


All of Social Security's funding comes from this payroll tax. By agreeing to an extension of the cut, Congress is reducing the money available to Social Security. In addition to the reduction in available funds, the Baby Boomers will start retiring and put more demands on the Social Security system. All of this makes it less likely that SS will be available for people under 55 when they get ready to retire.

If nobody else can find something to complain about in this, I can.
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