In one form or another this theme is recurring on social media. It is absurd, but still gains wide support from grossly uninformed people.
A 1% increase in Social Security benefits would cost about $16 BILLION a year. The entire payroll for all members of Congress is $95–100 million per year. DO THE MATH!!
Not so genius is it?
Besides Congress hasn’t had a raise or COLA adjustment since 2009. And, there is no relationship between funding these two items.
Social Security was designed to be self-funded. As we fail to stay with that idea, fail to adjust that funding as necessary the greater the long-term risk to the program.
QUINNSCOMMENTARY 