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Meet the Man Who Perversely Argues for Cutting Social Security Benefits to "Take Care of the Lesser People in Society"
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LAWSON: But that’s not Social Security that’s increasing the deficit, because it’s still bringing in more money than goes out.
SIMPSON: The government of the United States has to take separate money out of some stack to get the IOUs out of Social Security, that’s a double hit and that increases the deficit.
LAWSON: But what I’m telling you is Social Security is separate though, from the general budget, right? It’s totally in the green.
SIMPSON: But it wasn’t. Just four weeks ago, there wasn’t as much coming in as going out.
LAWSON: Except you’re not calculating the interest paid on the bonds, because, if you do include that, it’s still in the green this year.
SIMPSON: Well you can go through all the sophistry of babbling that you want to.
LAWSON: It’s not sophistry. It’s just what the SSA says. So I’m just going on the numbers.
SIMPSON: You need to read the report of the Social Security Administration, the one that was given to us. Have you got a copy?
LAWSON: I’d love a copy.
SIMPSON: I’ll get you that. In fact, I’ll have a guy give that to you. You need to have that. And it’s good for you.
LAWSON: That would be fantastic. Thanks so much Senator.
Jane Hamsher blogs at firedoglake and the Huffington Post.
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