Pay Back Social Security Now sign now

WHEREAS the federal government has betrayed the trust of the American people by taking more than $2.6 trillion from the Social Security Trust Fund over the years to spend on other things and has never budgeted for or made provisions to pay it back; and

WHEREAS that $2.6 trillion balance is now needed to keep Social Security solvent till 2037 without any reduction in benefits, yet the federal government is now trying to reform, cut benefits, and delay eligibility to its citizens rather than simply repay the money it has taken; and

WHERAS Social Security was mandated by the Federal Government and its trust fund is managed by the Federal Government for the benefit of its citizens upon retirement, the federal government is accountable to its citizens and must make good on its obligations by simply paying back the money what was taken to spend on other things,

THEREFORE, WE THE PEOPLE of the United States of America PETITION congress to:

1) Budget for and buy back the Governments IOUs from the Social Security Trust Fund in a amount needed to cover any projected annual shortfall in Social Security beginning with the 2012 Budget Year, in order to begin paying back the American people.
2) Cover any annual projected Social Security shortfalls in a similar manner for the next 26 years or until the entire $2.6 Trillion that was taken has been paid back - without borrowing the money.

We also call on our elected officials to stop reporting half truths concerning the state of Social Security. The only problem is that money being held in trust for its citizens was taken with the approval of congress and not paid back. The Burden to repay the $2.6 Trillion back to Social Security should be born by the Government which allowed funds to be used for purposes not within the scope of Social Security. The burden to repay what was taken should not be born by the citizens through reform, reduced benefits and delayed eligibility.

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Tom CarpenterBy:
Culture and SocietyIn:
Petition target:
U.S. Congress

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