The Social Security Administration expects their reserves to run out in 2035.
That’s a different pile of money than most other government functions, and so without either tax increases or legislati...
The reserves are already gone - Social Security lent the money to the rest of the Feds who spent it
The Social Security "trust fund" is US Treasuries
To raise money, SSA sells Treasuries
If they didn't have those Treasuries and needed to raise money, the Treasury department would sell Treasuries
It's just a paper game
The Social Security "trust fund" is US Treasuries
To raise money, SSA sells Treasuries
If they didn't have those Treasuries and needed to raise money, the Treasury department would sell Treasuries
It's just a paper game
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