• This would end the earmarking of revenues, and set up a stabilisation fund.

    ECONOMIST: Ecuador

  • Hence, virtually all benefits can be paid out of revenues without having to borrow more money from the public, and the relatively small Social Security deficits expected during the coming decade (3% of payroll tax revenues) can and should be covered by earmarking enough general revenues to redeem the Trust Fund IOUs Congress left behind when it looted Social Security during the past 25 years.

    FORBES: Enough Is Enough On Raising The Federal Debt Limit

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