Quote by: James Surowiecki

Unlike most government programs, Social Security and, in part, Medicare are funded by payroll taxes dedicated specifically to them. Some of the tax revenue pays for current benefits; anything that's left over goes into trust funds for the future. The programs were designed this way for political reasons.


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Author Bio


  • NameJames Surowiecki
  • DescriptionAmerican journalist
  • BornApril 30, 1967
  • CountryUnited States Of America
  • ProfessionJournalist