Social Security, let’s lay it to rest once in for all…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. So Social Security has nothing to do with balancing the budget
or erasing or lowering the deficit.