October 13, 2015
FactCheck has decided to revive its campaign on Social Security contributing to the budget deficit in the context of claiming that Senator Bernie Sanders is wrong on this issue. The basic point that Sanders and other targets of FactCheck have made is that Social Security was explicitly set up to be funded separately from the rest of the budget. It is legally prohibited from spending any money other than what it receives through its designated taxes and from the interest on the bonds bought with these funds.
I have a fuller criticism of the FactCheck argument here, but Sanders is really just referring to the law on this one. FactCheck’s problem is with the law, not Sanders.
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