How soon will Social Security “Trust Fund” be depleted? Trick question. Fund doesn’t exist, composed only of govt IOUs. SS runs on current receipts. When expenses exceed receipts, will need cash infusion. Can’t spend IOUs.
How soon will Social Security “Trust Fund” be depleted? Trick question. Fund doesn’t exist, composed only of govt IOUs. SS runs on current receipts. When expenses exceed receipts, will need cash infusion. Can’t spend IOUs.
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