Toddsterpatriot
Diamond Member
- May 3, 2011
- 102,215
- 36,240
Currently there is zero in the SS fund and those working are paying those who are retired.
Currently there is about $2.8 trillion in the SS Trust Fund.
True, there is about $2.8 Trillion in the account of Social Security but there is no trust fund.
We have a massive unfunded liability.
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U.S. National Debt Clock : Real Time
True, there is about $2.8 Trillion in the account of Social Security but there is no trust fund.
So where is the $2.8 trillion?
As you know, and know well, it was loaned to our government and spent. Instead of a credit, which erroneously showed as a surplus during the administration of former President Bill Clinton.
As you know, and know well, it was loaned to our government
And when you loan to government, you get a bond.
Your point being? Or did you simply need to post something?
The Trust Fund holds bonds.