MainLine Peace Action/DelMont PDA

April 2, 2011

Where Does The Money Come From?

Filed under: economics, Medicare, Social Security — Tags: , , , , — Walter Ebmeyer @ 5:53 am

This page from the National Priorities Project stresses some important facts.  There is a clear distinction between FICA (Social Security and Medicare) and income tax [though both show up on your pay stub].  Enemies of Social Security like to cloud this difference.   And there’s a difference between debt and deficit.  A quick and valuable read.

http://nationalpriorities.org/publications/2011/taxday-2011/revenues/faq/

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