I'm sure I can find this online but we have some smart folks out here and hopefully this will be a non-partisan discusson
I dont get the budget issues and shortfalls.
I keep reading that most of the US budget is taken up by entitlement progams - SS, Mediacare.
So the "rest" is sort of our cost of living, infrastructure, military, admin, etc.
here is what I dont get.
We all PAY, outside of our taxes, for SS and Medicare. Its gets deducted IN ADDITION to our fed and state taxes.
so, is it that these programs cost more than what is paid in, so then the govt takes the fed income tax revenue and uses to fund these programs?
I guess Im not understanding why its always discussed to raise income tax when the problem appears to be that we not raising enough money for SS and Medicare. Im not sure if my question makes sense
