Letters to the Editor

Your views in 250 words or less

Tag: President Ronald Reagan

April
8th

SOCIAL SECURITY: Plan pays for itself

Even Ronald Reagan understood that Social Security does not affect the deficit and vowed to protect it during his terms as President. Ronald Reagan said, during a 1984 debate with Walter Mondale: “Social Security has nothing to do with the deficit. Social Security is totally funded by the payroll tax levied on employer and employee. If you reduce the outgo of Social Security, that money would not go into the general fund to reduce the deficit, it would go into the Social Security trust fund.”

President Obama’s proposed cuts to Social Security – and, trust me, the change to a

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