Saturday, December 7, 2013

Sen. Cruz (TX) on Social Security

Open Email to Sen. Cruz (TX):

Dear Sen. Cruz,
 You say that Social Security payments by citizens are dumped into a general government fund and spent by Congress. You say that should stop, with Social Security funds being collected in a separate account for use only for Social Security purposes. You also say some portion of the contributed funds from each individual should be allowed back to him for private investment.
 I absolutely agree with the first part, but have some reservation with the second part. If the portion allowed for private investment is no greater than 50% of the total, I agree.

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