Social Security was originally intended to provide a safety net for our most vulnerable American Citizens. "In Just 10 years, spending on the elderly will total nearly $1.8 trillion, almost half the federal budget, according to new Brookings Institution and Congressional Budget Office projections. That is up from 29 percent in 1990 and 35 percent in 2000"
1In the Social Security Act you are finding more and more programs that lack proper eligibility requirements to protect the funding source for our nations elderly and needy. Currently, the government imposes a 12.4% tax on the first $94,200 in income earned by every worker in the United States to contribute to the Social Security Fund. Programs that lack eligibility requirements therefore are fully funded by the United States tax payer as well as no longer being limited to just the needy populations the programs were originally intended for.
