Memo writing Essay Example | Topics and Well Written Essays - 500 words

Memo writing - Essay modellingr is that social Security has been viewed by both parties and many different congresses as a pith to rapidly provide a level of funding to any number of pet projects or authorized goals that exist. Naturally, such a practice has been short sighted to say the least. The end result has been that due to the position that such a high level of borrowing from the fund has taken place, no project or governmental action is necessarily better off. The level of intra-governmental debt has remained the same. Moreover, the worst part of this type of borrowing is the event that due to the way in which the laws that govern the use and utilization of amicable Security surplus has meant that no meaningful level of surplus has been allowed to accrue. With respect to the way that Social Security surplus funds be allocated and distributed, the government considers a surplus as anything over on-going liabilities.A secondary means by which the government could and s hould seek to provide extra resources to the Social Security Fund is to increase withholding taxes on paychecks. Although raising taxes is never a popular choice among candidates that are seeking popularity with their constituents, the occurrence of the matter is that it is mathematically proven that the fund itself cannot continue to survive unless it receives an influx of new cash whether as a voice of increased government debt or by increased tax burdens upon those individuals who depart one day aver upon it. In this way, the reader can quickly see that there remain two options for keeping the current fund afloat past 2033 taxation or an increase in government debt.1 Due to the fact that government debt already surpasses 15 trillion US dollars, it is not advisable that the government should assume that it will continue to have the capacity or the option to borrow the funding necessary to provide Social Security past the time in which it will become insolvent.As one is fully a ware, the benefits of Social Security are