“It’s very misleading to say the program is not contributing to the debt, because it is,” said Robert Bixby, executive director of the Concord Coalition, a Washington group dedicated to balancing the federal budget. “The Treasury has to come up with the money to make good on the bonds, which is a draw on general revenues.” . . .
“If you want to set up a boogeyman against your [political] opponent, it’s very tempting to talk about how somebody’s going to take away Social Security or slash Medicare,” Bixby said. “ ‘Throw grandma in the street.’ It’s preying on the fears of the elderly, rather than solving a problem.”