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Social Security
Paul has given 12 updates on his Texas Straight Talk archive on the issue of Social Security.[133] Paul says that Social Security is in "bad shape ... The numbers aren't there"; funds are depleting because Congress borrows from the Social Security fund every year to fund its budget.[13] He considers himself the rare member of Congress who has voted for such little spending that it has never required borrowing from existing Social Security funds. To stem the Social Security crisis and meet the commitment to elderly citizens who depend on it, he requires that Congress cut down on spending, reassess monetary and spending policies, and stop borrowing heavily from foreign investors, such as those in China, who hold U.S. Treasury bonds. Paul believes young Americans should be able to opt out of the system if they would not like to pay Social Security taxes, in order to protect the system.[13][134]
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