Perhaps more importantly, there is a point as to whether Social Security would be singled out as a program to be protected, even when other programs are on the table. In this respect, it is important to note that Social Security is not actually part of the official budget. This is because it has a designated tax and revenue stream. It was designed to be separate from the official budget. In this respect, it is worth noting that, under the law, if the designated revenue stream is insufficient to pay full benefits, then they will not be paid.

There is also a powerful moral point here. Workers are effectively paying for their benefits through the Social Security tax. And, as many of us have pointed out, it is a very regressive tax. This tax can be justified in the context of a program with a very progressive payback structure, but no one would every seriously propose financing the general budget with a regressive payroll tax.

In this context, reducing promised benefits can be seen as taking away something for which people have already worked.
— Read on www.counterpunch.org/2020/03/11/wanting-to-cut-social-security-along-with-everything-else-is-still-wanting-to-cut-social-security/

Exactly how I see it!