And for those not following events, it is in regard to future Social Security payroll tax cuts for 2012. This time to include cuts by employers' contributions. Great for the consumer and employers' checkbooks but still a burden on the Trust Funds.

Sorry, I disagree with the Actuary. Unless employment picks up with new jobs and rehiring to old jobs Social Security and Medicare will not withstand those generosities by the Congress and the administrations no matter who they are, reflected in that proposed legislation.

The cycle of cash payments in and out of the Social Security and Medicare systems can only suffer if the incomes are cut or deferred - that's just common sense.

Less cash coming into the checking account, more going out as baby-boomers retire in hordes and swell the ranks of the no longer employed.