1) Last year was the first year SSI paid out more than it took in 2) Last year was the first year the baby boomers started retiring 3) Last year Obama's irresponsible payroll tax holiday cost SSI 105 billion dollars.
So we have a program headed for insolvency that desperately needs repaired. What does Obama do? He drains it's revenue streams. This guy is SO beatable if a GOP candidate can just start drilling down into the depths of his shitty policies.
By the way, the GOP has an alternative to the payroll tax holiday....but I bet you haven't heard a peep about it in the pop media...
http://thehill.com/blogs/floor-actio...xpayers-choose
Three House Republicans have put forward a possible solution to the payroll tax cut debate — a bill that would give taxpayers the choice of whether to continue to receive a payroll tax cut.
Under the bill offered by Rep. Jeff Landry (R-La.), taxpayers who opt to continue the 2 percent payroll tax cut next year would, in effect, pay for that cut themselves, by delaying the receipt of their Social Security benefits by one month. Taxpayers could continue to make this arrangement each year, adding another another month's delay for Social Security each time.
Those who decide not to extend the 2 percent cut would not have to delay the receipt of Social Security benefits.