Political Factoid
Medicare* and Social Security are
funded by payroll taxes and did
not cause the
huge national debt.
The bulk of the national debt was
created by the Bush tax cuts and
by military spending.
* |
With the exception of the Medicare
Prescription drug plan created by
G.W. Bush and his Republican Congress.
|
cf.
78,
1423,
362,
446,
898,
913
|
|
-30-
|