What A Waste
Monday, October 22nd, 2007According to Rush Limbaugh, just a tiny increase in Social Security payouts results in $15,552,000,000 extra per year! That would raise SS payouts to roughly $702 billion, or nearly a third of what the Federal government spends every year.
In January, 54 million Social Security takers will receive a 2.3% ($24 a month) increase. Almost one-third of the federal budget goes to this one program, at a cost of $702 billion annually.
So if this is a full third of our federal budget, just how much money will there be available after heath care when Hillary gets elected?