The Truth-o-Meter says: Mostly False | Did George W. Bush 'borrow' from Social Security to fund the war in Iraq and tax cuts? Evoke George W. Bush, his income tax cuts and the war in Iraq, and you’re sure to arouse some liberal ire. Suggest that Bush financed those projects by plundering Social Security’s retirement coffers, and you’ve got yourself a popular meme.

 

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