to reimburse the Social Security System for lost revenues during the two year tax holiday? Where did that come from?

If we ever get an economic recovery worthy of being called one, interest rates will rise, and the amount of interest that the Federal government has to pay for the trust fund specialized securities will also go up.

It's not as simple as it looks.

This week,however, Sen. Mark Begich (D-AK) put forward a reform package that goes in the opposite direction, while still financially securing the program’s trust fund for roughly the next seven decades. The Washington Post’s Dylan Matthews laid out the details:

The Begich bill would lift the current payroll tax cap, which exempts wages in excess of a certain amount ($110,100 this year) from the tax. In turn, it would give high earners, who would pay more, additional benefits upon retirement, just as benefits increase as wages do for workers below the cap.

It also increases benefits across-the-board. While Bowles-Simpson and Domenici-Rivlin adopt a stingier “chained CPI” measure for inflation, Begich adopts “CPI-E,” or a measure that specifically captures inflation in goods that seniors buy.

Due to deteriorated health and other considerations, goods seniors buy tend to be more expensive than those younger people purchase. Begich’s CPI-E change would mean, effectively, a 4.5 percent benefit increase for the program’s beneficiaries, including not just seniors but their designated survivors and disabled Americans as well.

http://www.democraticunderground.com/10021871773

There is none. I see the media allowing Republicans to tell the lies they tell about SS without even questioning them. But if Dems unite in slapping down those lies, the media will be forced to at least ask Republicans to explain their lies in the future.