we still have the SS surplus funds to draw on, so SS is still funding itself.
true there are no more SS surpluses to use on what income taxes should be paying...as bush/clinton/bush/reagan had to use on the budget....
we will draw on the (ss surplus) treasuries for the SS retirements....SS will be fine for a couple of more decades....when the SS treasuries are all cashed out, then SS will STILL NOT BE BANKRUPT, it will pull in enough funds to pay 75% of the bill....
Lemme get this straight, you think there was a "lock box"?
those SS surplus funds are in us treasuries, this is SS's money...they WILL get this money.
how we will pay for the rest of the budget spending, with having to pay our debts, will be a problem, but SS has it's money....as good as a lock box, with the treasuries.