Junglelim,

Like I said love the web.
According to the CATO institute...
The SS trust fund will be solvent only on paper. When SS redeems the IOU'S to pay benefits the govt will have to raise taxes to cover them.
CATO says SS is in debt 12.8 TRILLION thats big money even to libs.
CATO says SS is solvent for only 12 years.
Any reform after that will cost 600 billion a year.
Raising or eliminating the cap would result in the largest tax increase in US history. In the first 5 years alone 541 billion. Removing the cap entirely would increase solvency only 7 years.
The thing is why would we be arguing about this?. I would think as members of an age group that going to be dependent on SS benefits to some extent or another. We would want to err on the side of saftey for the SS fund.
That you need to use this issue to make untrue political smears is interesting. The tax dollars you say go to all Bush's friends actually go into the general budget fund, and the only ones who can spend them is in the democratically controlled congress. Benj