The online home of the Greenhorn Valley View
 Home | News | Sports | Ideas | Life | Classifieds | Service Directory | Outdoors | The Greenhorn Valley |
Quick Links: My View | Happenings | Weather | Local News | Service Directory | Coupons | Display Ads | My View - Log In | Register
Friday, September 20, 2019
Fire conditions brought to you by RFPD:  Click here to get emergency text and email alerts
Ad Here

Letter to the Editor: Social Security
TalkbackComment on this story  |   RecommendRecommend this story  |   Print it!Printer friendly version  |   Email itEmail this story to a friend

Adjust story text size: Make font size smaller Make font size larger

Other stories in this category
9/10/2019 9/3/2019 8/26/2019

Click here for all the news

Most recommended in this category

Click here for all the news

A letter in the May 2 edition of the View advocated to save Social Security. I do not disagree with the sentiment, but am more than a little curious about the source of the data used to make the arguments.

Social Security funds are not placed in a mayonnaise jar for use only to pay our monthly checks. The money is borrowed by the government for its needs, but that money is owed back to the Social Security Trust Fund to be repaid as needed. It is not used up by the government for other purposes.

On the other hand, the money available to Social Security is limited by what is in the Fund account. The present danger to Social Security is not government spending, but rather insufficient contributions to the Fund.

There are some ideas to help such as removing the cap on contributions, but the real problem is fewer people paying in and more people receiving benefits as our population ages.

Would you like to read the rest of this story? You can subscribe to the Greenhorn Valley View anywhere in Pueblo County for only $35/yr. Call (719) 676-3401 to subscribe.

Click here to log in to post to TalkBack
Click on the cop Report Talk Back Abuse to report Talk Back abuse and misuse

Featured Auto Ad
Click here to advertise in this space

My View
Free ice cream!
Set up alerts
Subscribe to lists
Participate in forums and talk-back
Set preferences
Log in
Sign up

Ad Here

Ads by Google

Home | Contact us | Archives | E-Edition | My View | Privacy Policy | Subscribe to the print edition
Site Map

The Greenhorn Valley View is a weekly newspaper serving the communities of the Greenhorn Valley in Southern Colorado,
including Colorado City, Rye, San Isabel, Beulah and Hatchet Ranch.

All content Copyright © 2003 - 2019 Speckled Pup Media and/or other copyright holders. All rights reserved.