Friday, March 30, 2007

$OLD! - to special interests, foreign invaders, capitalist demi-gods and corporations... One once-great country

Uncredited contributions to Social Security grew by nearly $300 billion from 2000 to 2004, a giant increase attributable mostly to illegal aliens using erroneous Social Security numbers, and one seniors group said this will become a major liability if those aliens are legalized.
"Our government would willingly bankrupt the system even sooner by giving billions of dollars to people who broke the laws of the United States," said Shannon Benton, executive director of the Senior Citizens League, which is releasing a report today based on the Social Security Administration's numbers.
Democrats and President Bush have promised to try this year to pass an immigration bill that includes legal status for the estimated 12 million to 20 million illegal aliens now in the country. Under current law, illegal aliens are not entitled to benefits for illegal work, but the bill says if they gain legal status in the future they can go back and get credit for the work done while illegal. In 2004, "uncredited earnings" -- Social Security tax payments that can't be matched to valid Social Security numbers -- totaled $65 billion -- about 10 percent of the program's total income. The amount of uncredited earnings stood at $301.8 billion in 1999, but had grown to $585 billion by 2004, according to the Senior Citizens League report. Government officials say they don't know how many illegal aliens are paying into the system, but say illegal aliens are probably the "chief cause" of uncredited earnings.

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