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Google Keyword Rankings for : social security surplus borrowed
1
Inter-Fund Borrowing Among the Trust Funds - Social Security
https://www.ssa.gov/history/interfundnote.html
As a stop-gap measure, Congress passed legislation in 1981 to permit inter-fund borrowing among the three Trust Funds (the Old-Age and Survivors Trust Fund; ...
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https://www.ssa.gov/history/interfundnote.html
As a stop-gap measure, Congress passed legislation in 1981 to permit inter-fund borrowing among the three Trust Funds (the Old-Age and Survivors Trust Fund; ...
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2
Social Security Trust Fund Cash Flows and Reserves
https://www.ssa.gov/policy/docs/ssb/v75n1/v75n1p1.html
The trust fund operations affect this new borrowing requirement through two channels: the trust fund primary surplus or deficit and the trust fund interest ...
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https://www.ssa.gov/policy/docs/ssb/v75n1/v75n1p1.html
The trust fund operations affect this new borrowing requirement through two channels: the trust fund primary surplus or deficit and the trust fund interest ...
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3
Interfund Borrowing Under the Social Security Act
https://www.ssa.gov/policy/docs/ssb/v46n9/v46n9p13.pdf
Until recently, the four Social Security trust funds were, by law, kept completely separate, each having its own sources of revenue and paying benefits to ...
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https://www.ssa.gov/policy/docs/ssb/v46n9/v46n9p13.pdf
Until recently, the four Social Security trust funds were, by law, kept completely separate, each having its own sources of revenue and paying benefits to ...
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4
tax Social Security benefits - Social Security History
https://www.ssa.gov/history/InternetMyths2.html
This is sometimes described by saying that the Social Security Trust Funds are "on-budget." This budget treatment of the Social Security Trust Fund continued ...
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https://www.ssa.gov/history/InternetMyths2.html
This is sometimes described by saying that the Social Security Trust Funds are "on-budget." This budget treatment of the Social Security Trust Fund continued ...
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5
Trust Fund Operations - Social Security History
https://www.ssa.gov/history/tftable.html
› history › tftable
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https://www.ssa.gov/history/tftable.html
› history › tftable
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6
Reports & Studies - Social Security History
https://www.ssa.gov/history/reports/58advise4.html
Congress has recognized that it would be inequitable to contributors under the social security programs if the Treasury borrowed money from the trust funds ...
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https://www.ssa.gov/history/reports/58advise4.html
Congress has recognized that it would be inequitable to contributors under the social security programs if the Treasury borrowed money from the trust funds ...
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7
What are the Trust Funds? | Press Office | SSA - Social Security
https://www.ssa.gov/news/press/factsheets/WhatAreTheTrust.htm
The Social Security trust funds hold money not needed in the current year to pay benefits and administrative costs and, by law, invest it in special Treasury ...
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https://www.ssa.gov/news/press/factsheets/WhatAreTheTrust.htm
The Social Security trust funds hold money not needed in the current year to pay benefits and administrative costs and, by law, invest it in special Treasury ...
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8
The Surprising Amount of Money Congress Has Stolen From ...
https://www.fool.com/retirement/2020/02/15/the-surprising-amount-of-money-congress-has-stolen.aspx
Yes, you read that correctly. Not only is every cent the federal government has borrowed from Social Security accounted for, but the government ...
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https://www.fool.com/retirement/2020/02/15/the-surprising-amount-of-money-congress-has-stolen.aspx
Yes, you read that correctly. Not only is every cent the federal government has borrowed from Social Security accounted for, but the government ...
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9
10 Myths and Misconceptions About Social Security - AARP
https://www.aarp.org/retirement/social-security/info-2020/10-myths-explained.html
Social Security is a separate, self-funded program. The federal government does, however, borrow from Social Security. Here's how: Social Security's tax revenue ...
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https://www.aarp.org/retirement/social-security/info-2020/10-myths-explained.html
Social Security is a separate, self-funded program. The federal government does, however, borrow from Social Security. Here's how: Social Security's tax revenue ...
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10
Please explain what the social security surplus is and why is it ...
https://www.frbsf.org/education/publications/doctor-econ/2001/january/social-security-surplus-trust-fund/
An annual "Social Security budget surplus" is created when Social Security receipts exceed the combined cost of providing benefits and administering the system.
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https://www.frbsf.org/education/publications/doctor-econ/2001/january/social-security-surplus-trust-fund/
An annual "Social Security budget surplus" is created when Social Security receipts exceed the combined cost of providing benefits and administering the system.
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11
Social Security: The Trust Funds
https://fas.org/sgp/crs/misc/RL33028.pdf
funds are legally distinct and do not have authority to borrow from each other. However, ... the Social Security trust fund investments.
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https://fas.org/sgp/crs/misc/RL33028.pdf
funds are legally distinct and do not have authority to borrow from each other. However, ... the Social Security trust fund investments.
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12
How Much Money Has Congress Taken From Social Security?
https://www.nasdaq.com/articles/how-much-money-has-congress-taken-social-security-2019-02-04
What's more, Social Security is already generating interest income from the federal government on its borrowing. As of Dec. 31, 2018, the $2.9 ...
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https://www.nasdaq.com/articles/how-much-money-has-congress-taken-social-security-2019-02-04
What's more, Social Security is already generating interest income from the federal government on its borrowing. As of Dec. 31, 2018, the $2.9 ...
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13
What Happened to the $2.6 Trillion Social Security Trust Fund?
https://www.forbes.com/sites/merrillmatthews/2011/07/13/what-happened-to-the-2-6-trillion-social-security-trust-fund/
The answer is that the federal government has borrowed all of that trust fund money and spent it, exactly as Krauthammer asserted. And the only ...
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https://www.forbes.com/sites/merrillmatthews/2011/07/13/what-happened-to-the-2-6-trillion-social-security-trust-fund/
The answer is that the federal government has borrowed all of that trust fund money and spent it, exactly as Krauthammer asserted. And the only ...
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14
Where Do Social Security Taxes Go?
https://www.nasi.org/learn/social-security/where-do-social-security-taxes-go/
Social Security taxes that workers and employers pay are credited to the Social Security trust funds. The trust funds are defined by law as a way to set ...
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https://www.nasi.org/learn/social-security/where-do-social-security-taxes-go/
Social Security taxes that workers and employers pay are credited to the Social Security trust funds. The trust funds are defined by law as a way to set ...
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15
What Would Happen If the Trust Funds Ran Out? - CRS Reports
https://crsreports.congress.gov/product/pdf/RL/RL33514
Social Security trustees project that the OASI trust fund will become depleted in ... Social Security's cash surpluses are borrowed by the.
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https://crsreports.congress.gov/product/pdf/RL/RL33514
Social Security trustees project that the OASI trust fund will become depleted in ... Social Security's cash surpluses are borrowed by the.
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16
Who 'borrowed' the Social Security taxes we paid? | Editorial
https://www.sentinelsource.com/opinion/editorial/who-borrowed-the-social-security-taxes-we-paid/article_691d6976-e4a1-5d21-96d3-aa8871f86c92.html
But Congress decided to “borrow” the surplus instead of investing. They've been using it to help pay for things that have nothing to do with ...
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https://www.sentinelsource.com/opinion/editorial/who-borrowed-the-social-security-taxes-we-paid/article_691d6976-e4a1-5d21-96d3-aa8871f86c92.html
But Congress decided to “borrow” the surplus instead of investing. They've been using it to help pay for things that have nothing to do with ...
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17
Significance of the Social Security Trust Funds
https://www.actuary.org/content/significance-social-security-trust-funds
allowed to borrow. n Social Security revenue exceeded cost between 1984 and 2009, leading to a buildup of $2.7 trillion in trust fund as-.
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https://www.actuary.org/content/significance-social-security-trust-funds
allowed to borrow. n Social Security revenue exceeded cost between 1984 and 2009, leading to a buildup of $2.7 trillion in trust fund as-.
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18
Social Security Trust Fund
https://www.cbo.gov/sites/default/files/recurringdata/51309-2016-03-trustfund.pdf
Old-Age, Survivors, and Disability Insurance Trust Funds—CBO's March 2016 ... borrow money for a trust fund, or transfer money from one trust fund to ...
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https://www.cbo.gov/sites/default/files/recurringdata/51309-2016-03-trustfund.pdf
Old-Age, Survivors, and Disability Insurance Trust Funds—CBO's March 2016 ... borrow money for a trust fund, or transfer money from one trust fund to ...
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19
Strengthening Social Security for Future Generations
https://georgewbush-whitehouse.archives.gov/infocus/social-security/youth/
The Government Has Borrowed $1.7 Trillion From The Social Security Trust Fund. The government has borrowed the total value of the Trust Fund to pay for ...
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https://georgewbush-whitehouse.archives.gov/infocus/social-security/youth/
The Government Has Borrowed $1.7 Trillion From The Social Security Trust Fund. The government has borrowed the total value of the Trust Fund to pay for ...
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20
Social Security isn't bankrupt: What we know about future ...
https://www.cnbc.com/2022/06/25/social-security-isnt-bankrupt-what-we-know-about-future-benefits.html
Social Security's trust funds were projected to have a depletion date of 2035 in the latest report from the program's trustees, one year later ...
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https://www.cnbc.com/2022/06/25/social-security-isnt-bankrupt-what-we-know-about-future-benefits.html
Social Security's trust funds were projected to have a depletion date of 2035 in the latest report from the program's trustees, one year later ...
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21
Social Security Trust Fund - Wikipedia
https://en.wikipedia.org/wiki/Social_Security_Trust_Fund
The Social Security Administration collects payroll taxes and uses the money collected to pay Old-Age, Survivors, and Disability Insurance benefits by way of ...
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https://en.wikipedia.org/wiki/Social_Security_Trust_Fund
The Social Security Administration collects payroll taxes and uses the money collected to pay Old-Age, Survivors, and Disability Insurance benefits by way of ...
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22
Social Insurance Social Security and Medicare
https://www.fiscal.treasury.gov/files/reports-statements/financial-report/2021/social-insurance.pdf
Intra-governmental transfers (surplus) is a form of “borrowing/lending” between the government accounts. How loans from the trust funds to the General Fund and ...
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https://www.fiscal.treasury.gov/files/reports-statements/financial-report/2021/social-insurance.pdf
Intra-governmental transfers (surplus) is a form of “borrowing/lending” between the government accounts. How loans from the trust funds to the General Fund and ...
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23
How Are the Social Security Trust Funds Invested?
https://www.investopedia.com/ask/answers/110614/how-social-security-trust-fund-invested.asp
The two Social Security Trust Funds—the Old-Age and Survivors Insurance (OASI) Trust Fund and the Disability Insurance (DI) Trust Fund—are managed by the U.S. ...
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https://www.investopedia.com/ask/answers/110614/how-social-security-trust-fund-invested.asp
The two Social Security Trust Funds—the Old-Age and Survivors Insurance (OASI) Trust Fund and the Disability Insurance (DI) Trust Fund—are managed by the U.S. ...
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24
The Social Security Trust Funds - Hoover Institution
https://www.hoover.org/research/social-security-trust-funds
In the past, whenever Social Security ran a surplus of taxes over expenditures, federal treasury bonds were issued in that surplus amount to ...
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https://www.hoover.org/research/social-security-trust-funds
In the past, whenever Social Security ran a surplus of taxes over expenditures, federal treasury bonds were issued in that surplus amount to ...
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25
The federal government owes Social Security over $2.8 trillion
https://www.nwfdailynews.com/story/opinion/letters/2018/07/14/letter-to-editor-federal-government-owes-social-security-over-28-trillion/11525277007/
President George W. Bush "borrowed" $1.37 trillion of Social Security surplus and never paid it back. A meme seems to extrapolate a point made ...
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https://www.nwfdailynews.com/story/opinion/letters/2018/07/14/letter-to-editor-federal-government-owes-social-security-over-28-trillion/11525277007/
President George W. Bush "borrowed" $1.37 trillion of Social Security surplus and never paid it back. A meme seems to extrapolate a point made ...
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26
The Social Security Trust Fund: What Is It? - The Balance
https://www.thebalancemoney.com/social-security-trust-fund-history-solvency-how-to-fix-it-3305890
After that, the payroll taxes go into the General Fund, where they pay for government expenditures. That's how presidents "borrow" money from ...
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https://www.thebalancemoney.com/social-security-trust-fund-history-solvency-how-to-fix-it-3305890
After that, the payroll taxes go into the General Fund, where they pay for government expenditures. That's how presidents "borrow" money from ...
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27
No, no one is stealing from Social Security (opinion) - CNN
https://www.cnn.com/2018/05/21/opinions/social-security-myths-opinion-richtman
Those bonds earn billions of dollars in interest every year, creating an even larger surplus for Social Security. This is no different than a ...
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https://www.cnn.com/2018/05/21/opinions/social-security-myths-opinion-richtman
Those bonds earn billions of dollars in interest every year, creating an even larger surplus for Social Security. This is no different than a ...
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28
Did George W. Bush 'borrow' from Social Security to fund the ...
https://www.politifact.com/factchecks/2015/aug/03/facebook-posts/did-george-w-bush-borrow-social-security-fund-war-/
Say President George W. Bush " ‘borrowed’ $1.37 trillion of Social Security surplus revenue to pay for his tax cuts for the rich and his war in Iraq and...
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https://www.politifact.com/factchecks/2015/aug/03/facebook-posts/did-george-w-bush-borrow-social-security-fund-war-/
Say President George W. Bush " ‘borrowed’ $1.37 trillion of Social Security surplus revenue to pay for his tax cuts for the rich and his war in Iraq and...
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29
How Much Money Does The US Government Owe The Social ...
https://www.davemanuel.com/how-much-money-does-the-us-government-owe-the-social-security-trust-fund-155/
US Government Has Borrowed Trillions From Social Security Trust Fund · Recent Articles · Recent Dictionary Entries · Article Archive.
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https://www.davemanuel.com/how-much-money-does-the-us-government-owe-the-social-security-trust-fund-155/
US Government Has Borrowed Trillions From Social Security Trust Fund · Recent Articles · Recent Dictionary Entries · Article Archive.
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30
Social Security and the Federal Deficit: Not cause and effect
https://www.epi.org/publication/social_security_and_the_federal_deficit/
To the contrary, the Social Security Administration is prohibited from borrowing, so if it does not have enough money to pay promised benefits in full, it will ...
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https://www.epi.org/publication/social_security_and_the_federal_deficit/
To the contrary, the Social Security Administration is prohibited from borrowing, so if it does not have enough money to pay promised benefits in full, it will ...
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31
How Will COVID-19 Affect the Social Security Trust Funds?
https://bipartisanpolicy.org/wp-content/uploads/2020/10/BPC_SS_TrustFunds_FinalPDF.pdf
4 The two trust funds are legally distinct and are not allowed to borrow from one another under current law, so the projected depletion of their collective ...
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https://bipartisanpolicy.org/wp-content/uploads/2020/10/BPC_SS_TrustFunds_FinalPDF.pdf
4 The two trust funds are legally distinct and are not allowed to borrow from one another under current law, so the projected depletion of their collective ...
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32
Are the Social Security trust funds real? - Tax Policy Center
https://www.taxpolicycenter.org/briefing-book/are-social-security-trust-funds-real
Social Security trust funds are real and hold real Treasury securities for which the federal government has an obligation to pay. They reflect any accumulated ...
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https://www.taxpolicycenter.org/briefing-book/are-social-security-trust-funds-real
Social Security trust funds are real and hold real Treasury securities for which the federal government has an obligation to pay. They reflect any accumulated ...
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33
Which Is It? A Social Security Deficit, or Money Owed To The ...
https://seniorsleague.org/social-security-deficit-money-owed-social-security-trust-fund/
The debt limit, which was suspended since late 2015, was re-instated on March 16th. That debt limit sets the money the Treasury can borrow to ...
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https://seniorsleague.org/social-security-deficit-money-owed-social-security-trust-fund/
The debt limit, which was suspended since late 2015, was re-instated on March 16th. That debt limit sets the money the Treasury can borrow to ...
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34
VERIFY: No, Congress didn't take money from Social Security
https://www.wusa9.com/article/news/verify-no-congress-didnt-borrow-money-from-social-security/65-512d8e19-ccc6-4c36-8574-bcc7a95a30f0
› article › news › verify-no-co...
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https://www.wusa9.com/article/news/verify-no-congress-didnt-borrow-money-from-social-security/65-512d8e19-ccc6-4c36-8574-bcc7a95a30f0
› article › news › verify-no-co...
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35
Clinton's Bait-and-Switch Social Security Plan
https://www.heritage.org/social-security/report/clintons-bait-and-switch-social-security-plan
In addition, another $500 billion from the surplus would be used to create new Universal Savings Accounts (USAs) to help Americans to save for retirement. How ...
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https://www.heritage.org/social-security/report/clintons-bait-and-switch-social-security-plan
In addition, another $500 billion from the surplus would be used to create new Universal Savings Accounts (USAs) to help Americans to save for retirement. How ...
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36
Social Security 'Fun Facts' | Snopes.com
https://www.snopes.com/fact-check/social-security-fun-facts/
A short list of "fun facts" distributed on the Internet accurately describes the workings of the U.S. Social Security system.
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https://www.snopes.com/fact-check/social-security-fun-facts/
A short list of "fun facts" distributed on the Internet accurately describes the workings of the U.S. Social Security system.
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37
How much money has the federal government borrowed from ...
https://www.quora.com/How-much-money-has-the-federal-government-borrowed-from-Social-Security-and-Medicare-funds
The only way the Social Security system was ever allowed to invest a surplus of income is in Federal debt. Generally the system was designed to meet its ...
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https://www.quora.com/How-much-money-has-the-federal-government-borrowed-from-Social-Security-and-Medicare-funds
The only way the Social Security system was ever allowed to invest a surplus of income is in Federal debt. Generally the system was designed to meet its ...
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38
Social Security and the U.S. deficit: Separating fact from fiction
https://www.reuters.com/article/us-column-miller-socialsecurity/social-security-and-the-u-s-deficit-separating-fact-from-fiction-idUSKCN1N64GR
“Social Security in the past ran annual surpluses and lent that surplus money to the Treasury. In those years, the existence of Social Security ...
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https://www.reuters.com/article/us-column-miller-socialsecurity/social-security-and-the-u-s-deficit-separating-fact-from-fiction-idUSKCN1N64GR
“Social Security in the past ran annual surpluses and lent that surplus money to the Treasury. In those years, the existence of Social Security ...
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39
Who Borrowed From Social Security? U.S. Treasury Bonds ...
https://marketrealist.com/p/who-borrowed-from-social-security/
According to PolitiFact, a Social Security surplus has been building ever since former President Ronald Reagan, anticipating Baby Boomers ...
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https://marketrealist.com/p/who-borrowed-from-social-security/
According to PolitiFact, a Social Security surplus has been building ever since former President Ronald Reagan, anticipating Baby Boomers ...
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40
The Social Security Trust Funds, Explained - ThinkAdvisor
https://www.thinkadvisor.com/2020/11/22/the-social-security-trust-funds-explained/
Trust fund depletion does not mean bankruptcy. Social Security does not have legal borrowing authority, so when the trust funds are depleted ...
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https://www.thinkadvisor.com/2020/11/22/the-social-security-trust-funds-explained/
Trust fund depletion does not mean bankruptcy. Social Security does not have legal borrowing authority, so when the trust funds are depleted ...
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41
GAO-01-591SP National Saving: Answers to Key Questions
https://www.gao.gov/pdf/product/201778
Saving and Investment by Borrowing Saving From Abroad? How Does. Such Borrowing Affect the ... Under the Save the Social Security Surpluses Simulation.
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https://www.gao.gov/pdf/product/201778
Saving and Investment by Borrowing Saving From Abroad? How Does. Such Borrowing Affect the ... Under the Save the Social Security Surpluses Simulation.
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42
Blame Democrats and Republicans for disastrous Social ...
https://thehill.com/opinion/finance/391602-blame-democrats-and-republicans-for-disastrous-social-security-fund/
Before 2010, Social Security ran annual surpluses of payroll taxes over benefit checks. But the surplus cash was spent by both Democratic ...
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https://thehill.com/opinion/finance/391602-blame-democrats-and-republicans-for-disastrous-social-security-fund/
Before 2010, Social Security ran annual surpluses of payroll taxes over benefit checks. But the surplus cash was spent by both Democratic ...
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43
The Looting Of Social Security: The So-Called Trust Fund ...
https://www.fedsmith.com/2011/10/14/looting-social-security-socalled-trust-fund/
The Social Security Amendments of 1983 included a hefty payroll tax hike that was designed to generate large Social Security surpluses for ...
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https://www.fedsmith.com/2011/10/14/looting-social-security-socalled-trust-fund/
The Social Security Amendments of 1983 included a hefty payroll tax hike that was designed to generate large Social Security surpluses for ...
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44
Privatizing Social Security: The Troubling Trade-Offs
https://www.brookings.edu/research/privatizing-social-security-the-troubling-trade-offs/
Instead of enjoying an operating surplus, Social Security will then require a substantial infusion of funds from the Treasury, forcing the federal government to ...
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https://www.brookings.edu/research/privatizing-social-security-the-troubling-trade-offs/
Instead of enjoying an operating surplus, Social Security will then require a substantial infusion of funds from the Treasury, forcing the federal government to ...
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45
Fix Social Security and Medicare to Protect Other Priorities
https://www.pgpf.org/expert-views/americas-fiscal-and-economic-outlook/fix-social-security-and-medicare-to-protect-other-priorities
The rest of the federal budget will run a surplus of 1.6 percent of GDP, according to CBO data. Thus, the bulk of federal taxes and borrowing will go towards ...
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https://www.pgpf.org/expert-views/americas-fiscal-and-economic-outlook/fix-social-security-and-medicare-to-protect-other-priorities
The rest of the federal budget will run a surplus of 1.6 percent of GDP, according to CBO data. Thus, the bulk of federal taxes and borrowing will go towards ...
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46
Social Security FiX-it book - Center for Retirement Research
http://crr.bc.edu/wp-content/uploads/2011/08/SS-Fixit_9.4.14_WEB.pdf
NOTE: Using Trust Fund interest and assets to pay benefits would not be a burden on the economy if the government used the Social Security surpluses it borrowed.
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http://crr.bc.edu/wp-content/uploads/2011/08/SS-Fixit_9.4.14_WEB.pdf
NOTE: Using Trust Fund interest and assets to pay benefits would not be a burden on the economy if the government used the Social Security surpluses it borrowed.
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47
The Impact of Social Security on the National Debt - Just Facts
https://www.justfacts.com/news.impactSS.asp
So what does "raiding the Trust Fund" mean? When Social Security loans money to the federal government, the government can either spend the money or use it to ...
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https://www.justfacts.com/news.impactSS.asp
So what does "raiding the Trust Fund" mean? When Social Security loans money to the federal government, the government can either spend the money or use it to ...
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48
Where Do My Social Security Tax Dollars Go? A Breakdown ...
https://www.incharge.org/financial-literacy/where-do-my-social-security-tax-dollars-go/
The U.S. government uses the money it has borrowed from Social Security – just as it uses money you may have invested in savings bonds – to ...
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https://www.incharge.org/financial-literacy/where-do-my-social-security-tax-dollars-go/
The U.S. government uses the money it has borrowed from Social Security – just as it uses money you may have invested in savings bonds – to ...
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49
Why is Social Security running out of money? | Fox Business
https://www.foxbusiness.com/personal-finance/social-security-running-out-money
With so many Americans out of work, income taxes declined and the SSA said it lost a significant amount of tax revenue funding. This prompted ...
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https://www.foxbusiness.com/personal-finance/social-security-running-out-money
With so many Americans out of work, income taxes declined and the SSA said it lost a significant amount of tax revenue funding. This prompted ...
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50
HOW U.S. MANIPULATED SOCIAL SECURITY FUNDS
https://www.nytimes.com/1985/11/04/us/how-us-manipulated-social-security-funds.html
The securities held by the Social Security trust funds are a form of debt subject to the statutory limit, just like Government bonds and notes ...
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https://www.nytimes.com/1985/11/04/us/how-us-manipulated-social-security-funds.html
The securities held by the Social Security trust funds are a form of debt subject to the statutory limit, just like Government bonds and notes ...
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51
Investment of Surplus Social Security Trust Funds in State and ...
https://www.gfoa.org/materials/investment-of-surplus-social-security-trust-funds-in
Since the beginning of the Social Security program, the law has restricted the investment of its excess receipts to interest-bearing obligations of the United ...
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https://www.gfoa.org/materials/investment-of-surplus-social-security-trust-funds-in
Since the beginning of the Social Security program, the law has restricted the investment of its excess receipts to interest-bearing obligations of the United ...
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52
Trump's Plan To Defund Social Security
https://www.americanprogress.org/article/trumps-plan-defund-social-security/
This enormous revenue loss would greatly accelerate the exhaustion of the trust fund. Once the trust fund is exhausted, remaining Social ...
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https://www.americanprogress.org/article/trumps-plan-defund-social-security/
This enormous revenue loss would greatly accelerate the exhaustion of the trust fund. Once the trust fund is exhausted, remaining Social ...
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53
Does the Government 'Raid' Social Security?
https://nationalinterest.org/blog/politics/does-government-%E2%80%98raid%E2%80%99%C2%A0social-security-191874
In reality, the economics of Social Security is far more complicated. While the government does borrow money from the Social Security trust fund ...
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https://nationalinterest.org/blog/politics/does-government-%E2%80%98raid%E2%80%99%C2%A0social-security-191874
In reality, the economics of Social Security is far more complicated. While the government does borrow money from the Social Security trust fund ...
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54
CHAPTER 31: DEFICITS AND DEBT
https://www.bu.edu/eci/files/2019/10/Principles_2e_Ch31.pdf
“borrows” from other government accounts. Prominent examples include Social. Security and Medicare, which, as noted earlier, are classified as “off budget.
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https://www.bu.edu/eci/files/2019/10/Principles_2e_Ch31.pdf
“borrows” from other government accounts. Prominent examples include Social. Security and Medicare, which, as noted earlier, are classified as “off budget.
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55
Thinking About Social Security's Trust Fund
https://repository.upenn.edu/cgi/viewcontent.cgi?article=1631&context=prc_papers
social security surplus is referred to as the "on-budget" deficit. The second. [e] term reflects the borrowing from social security that must be paid back.
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https://repository.upenn.edu/cgi/viewcontent.cgi?article=1631&context=prc_papers
social security surplus is referred to as the "on-budget" deficit. The second. [e] term reflects the borrowing from social security that must be paid back.
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56
Social Security Bunk - Again - FactCheck.org
https://www.factcheck.org/2015/09/social-security-bunk-again/
Worth noting is that the Social Security surplus that gave rise to years of partisan sniping has now disappeared, not because the trust fund was ...
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https://www.factcheck.org/2015/09/social-security-bunk-again/
Worth noting is that the Social Security surplus that gave rise to years of partisan sniping has now disappeared, not because the trust fund was ...
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57
Social Security has a money in, money out problem
https://www.dallasnews.com/business/personal-finance/2021/09/26/social-security-has-a-money-in-money-out-problem/
Well, let's follow the money. When Social Security was in surplus, the excess cash went to the U.S. Treasury in exchange for interest-bearing, ...
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https://www.dallasnews.com/business/personal-finance/2021/09/26/social-security-has-a-money-in-money-out-problem/
Well, let's follow the money. When Social Security was in surplus, the excess cash went to the U.S. Treasury in exchange for interest-bearing, ...
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58
Social Security Deficit for the Rest of the Century, Says Report
https://www.asppa.org/news/social-security-deficit-rest-century-says-report
Social Security maintained a total surplus from 2010 through 2020, the report notes. At the end of 2020, the report says, the trust funds were ...
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https://www.asppa.org/news/social-security-deficit-rest-century-says-report
Social Security maintained a total surplus from 2010 through 2020, the report notes. At the end of 2020, the report says, the trust funds were ...
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59
Excessive rhetoric on Social Security and Obama's budget plan
https://www.washingtonpost.com/blogs/fact-checker/post/excessive-rhetoric-on-social-security-and-obamas-budget-plan/2011/04/25/AFd6IelE_blog.html
There was a brief period — at the end of the Clinton administration — when the government generated so much money that the surplus was used to ...
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https://www.washingtonpost.com/blogs/fact-checker/post/excessive-rhetoric-on-social-security-and-obamas-budget-plan/2011/04/25/AFd6IelE_blog.html
There was a brief period — at the end of the Clinton administration — when the government generated so much money that the surplus was used to ...
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60
The Myth of the Clinton Surplus - Craig Steiner
http://www.craigsteiner.us/articles/16
The Treasury Department has for decades borrowed money from the Social Security trust fund to finance government operations. If it is no longer able to do so, ...
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http://www.craigsteiner.us/articles/16
The Treasury Department has for decades borrowed money from the Social Security trust fund to finance government operations. If it is no longer able to do so, ...
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61
A Real Lockbox for Social Security | Cato Institute
https://www.cato.org/commentary/real-lockbox-social-security
It's the ultimate insult. Congress spends our Social Security taxes then expects us to pay more taxes to repay its borrowing. To date, Congress ...
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https://www.cato.org/commentary/real-lockbox-social-security
It's the ultimate insult. Congress spends our Social Security taxes then expects us to pay more taxes to repay its borrowing. To date, Congress ...
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62
6 Options for Social Security - The National Academies Press
https://www.nap.edu/read/12808/chapter/8
Although Social Security is currently running annual surpluses, it is projected to be in substantial deficit over the long run. In the near term, Social ...
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https://www.nap.edu/read/12808/chapter/8
Although Social Security is currently running annual surpluses, it is projected to be in substantial deficit over the long run. In the near term, Social ...
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63
Social Security Trust Funds | (Full Guide) To How They Work
https://ssofficelocation.com/resources/social-security-trust-fund/
What happens to a Social Security surplus depends on the status of the budget in other government areas. If the rest of the federal government is in excess or ...
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https://ssofficelocation.com/resources/social-security-trust-fund/
What happens to a Social Security surplus depends on the status of the budget in other government areas. If the rest of the federal government is in excess or ...
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64
General Revenue & the Social Security Trust Funds
https://www.crfb.org/blogs/general-revenue-social-security-trust-funds
› blogs › general-revenue-social-s...
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https://www.crfb.org/blogs/general-revenue-social-security-trust-funds
› blogs › general-revenue-social-s...
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65
Pay Back the Money Borrowed From Social Security - HuffPost
https://www.huffpost.com/entry/post_1901_b_845106
Social Security is self-financed, cannot borrow, spends less than one percent on its administrative costs, has a $2.6 trillion surplus which ...
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https://www.huffpost.com/entry/post_1901_b_845106
Social Security is self-financed, cannot borrow, spends less than one percent on its administrative costs, has a $2.6 trillion surplus which ...
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66
Saving Social Security: General Revenue to the Rescue?
https://www.concordcoalition.org/issue-brief/saving-social-security-general-revenue-rescue
› issue-brief › saving...
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https://www.concordcoalition.org/issue-brief/saving-social-security-general-revenue-rescue
› issue-brief › saving...
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67
4. FEDERAL BORROWING AND DEBT - The White House
https://www.whitehouse.gov/wp-content/uploads/2021/05/ap_4_borrowing_fy22.pdf
6 Extensive actuarial analyses of the Social Security and Medicare ... Federal deficit or surplus and the change in debt held by the public. The borrowing ...
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https://www.whitehouse.gov/wp-content/uploads/2021/05/ap_4_borrowing_fy22.pdf
6 Extensive actuarial analyses of the Social Security and Medicare ... Federal deficit or surplus and the change in debt held by the public. The borrowing ...
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68
No Need to Panic: Social Security Is NOT Running Out
https://www.kiplinger.com/retirement/social-security/603775/no-need-to-panic-social-security-is-not-running-out
Yes, Social Security is undergoing some changes, ... for our trust fund rundown is our government's propensity to beg, borrow and steal from ...
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https://www.kiplinger.com/retirement/social-security/603775/no-need-to-panic-social-security-is-not-running-out
Yes, Social Security is undergoing some changes, ... for our trust fund rundown is our government's propensity to beg, borrow and steal from ...
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69
Social Security: How much Congress owes in interest over ...
https://www.usatoday.com/story/money/personalfinance/retirement/2018/11/18/social-security-how-much-congress-owes-interest-over-next-decade/38532839/
In reality, the Social Security Administration is required by law to invest any net cash surpluses into special-issue bonds and, to a lesser ...
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https://www.usatoday.com/story/money/personalfinance/retirement/2018/11/18/social-security-how-much-congress-owes-interest-over-next-decade/38532839/
In reality, the Social Security Administration is required by law to invest any net cash surpluses into special-issue bonds and, to a lesser ...
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70
5 facts about the national debt | Pew Research Center
https://www.pewresearch.org/fact-tank/2019/07/24/facts-about-the-national-debt/
(Social Security revenues exceeded benefit payments for many years; the surplus was required by law to be invested in Treasuries.) ...
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https://www.pewresearch.org/fact-tank/2019/07/24/facts-about-the-national-debt/
(Social Security revenues exceeded benefit payments for many years; the surplus was required by law to be invested in Treasuries.) ...
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71
Chapter 13: Social Security
https://saylordotorg.github.io/text_macroeconomics-theory-through-applications/s17-social-security.html
government surplus = government revenues − government transfers − government expenditures. If, as is often the case, the government is borrowing rather than ...
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https://saylordotorg.github.io/text_macroeconomics-theory-through-applications/s17-social-security.html
government surplus = government revenues − government transfers − government expenditures. If, as is often the case, the government is borrowing rather than ...
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72
COVID Recession Pushed Social Security Insolvency Up A Year
https://www.npr.org/2021/09/01/1033151631/a-new-report-says-the-covid-recession-has-pushed-social-security-insolvency-up-a
In the 1980s, financial warnings about Social Security prompted then-President Ronald Reagan and lawmakers of both parties in Congress to ...
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https://www.npr.org/2021/09/01/1033151631/a-new-report-says-the-covid-recession-has-pushed-social-security-insolvency-up-a
In the 1980s, financial warnings about Social Security prompted then-President Ronald Reagan and lawmakers of both parties in Congress to ...
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73
Let's debunk this Social Security myth - CBS News
https://www.cbsnews.com/news/lets-debunk-this-social-security-myth/
Sign up for National Breaking News Alerts ... This surplus has been invested in special U.S. government bonds that are legally obligated to pay ...
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https://www.cbsnews.com/news/lets-debunk-this-social-security-myth/
Sign up for National Breaking News Alerts ... This surplus has been invested in special U.S. government bonds that are legally obligated to pay ...
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74
Social Security: CQR - CQ Press Library
https://library.cqpress.com/cqresearcher/document.php?id=cqresrre2021091000
Half of older married couples and 70 percent of single seniors count on Social Security for 50 percent or more of their income. If Congress does ...
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https://library.cqpress.com/cqresearcher/document.php?id=cqresrre2021091000
Half of older married couples and 70 percent of single seniors count on Social Security for 50 percent or more of their income. If Congress does ...
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75
Will Social Security Run Out Before I Retire? - SmartAsset.com
https://smartasset.com/retirement/social-security-run-out
The federal government founded the Social Security program during the Great Depression. The program provides money to people after they've ...
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https://smartasset.com/retirement/social-security-run-out
The federal government founded the Social Security program during the Great Depression. The program provides money to people after they've ...
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76
Social Security Trust Fund Exhausting Faster Than Expected
https://www.mercatus.org/publications/government-spending/social-security-trust-fund-exhausting-faster-expected
But the real problem is that, for years, the federal government has used Social Security's surpluses to pay for roads, education, and wars. Now ...
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https://www.mercatus.org/publications/government-spending/social-security-trust-fund-exhausting-faster-expected
But the real problem is that, for years, the federal government has used Social Security's surpluses to pay for roads, education, and wars. Now ...
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77
LBJ did not steal Social Security funds - Arizona Daily Star
https://tucson.com/business/national-and-international/social-security-and-you-lbj-did-not-steal-social-security-funds/article_95acb962-0386-5fd5-a1e6-642ed9bb3567.html
Johnson merely added Social Security's accounts to the general government budget. But this is the important (and almost always overlooked) point ...
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https://tucson.com/business/national-and-international/social-security-and-you-lbj-did-not-steal-social-security-funds/article_95acb962-0386-5fd5-a1e6-642ed9bb3567.html
Johnson merely added Social Security's accounts to the general government budget. But this is the important (and almost always overlooked) point ...
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78
The Future Financial Status of the Social Security Program
https://www.casact.org/sites/default/files/presentation/annual_2011_handouts_g3-goss.pdf
Finally, as Treasury debt securities (trust fund assets) are redeemed in the future, they will ... programs do not have the ability to borrow in order to.
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https://www.casact.org/sites/default/files/presentation/annual_2011_handouts_g3-goss.pdf
Finally, as Treasury debt securities (trust fund assets) are redeemed in the future, they will ... programs do not have the ability to borrow in order to.
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79
The Debt Ceiling: An Explainer - House Budget Committee
https://budget.house.gov/publications/fact-sheet/debt-ceiling-explainer
The Constitution grants Congress the sole authority to borrow on ... programs with large trust fund balances, such as Social Security, ...
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https://budget.house.gov/publications/fact-sheet/debt-ceiling-explainer
The Constitution grants Congress the sole authority to borrow on ... programs with large trust fund balances, such as Social Security, ...
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80
Is the government able and willing to repay Social Security ...
https://www.sun-sentinel.com/opinion/commentary/fl-viewpoint-social2-20150224-story.html
Each year, the government has to borrow money to fill the gap. Without the borrowing, full Social Security benefits could not currently be paid.
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https://www.sun-sentinel.com/opinion/commentary/fl-viewpoint-social2-20150224-story.html
Each year, the government has to borrow money to fill the gap. Without the borrowing, full Social Security benefits could not currently be paid.
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81
Saving the Surplus to Save Social Security - Urban Institute
https://www.urban.org/sites/default/files/publication/66266/310231-Saving-the-Surplus-to-Save-Social-Security.PDF
“Every penny that is taken out of Americans' paychecks for. Social Security should be locked in a safe-deposit box so it can.
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https://www.urban.org/sites/default/files/publication/66266/310231-Saving-the-Surplus-to-Save-Social-Security.PDF
“Every penny that is taken out of Americans' paychecks for. Social Security should be locked in a safe-deposit box so it can.
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82
A Guide on Taking Social Security | Charles Schwab
https://www.schwab.com/learn/story/guide-on-taking-social-security
What if I take benefits early? ... If you choose to take your own (not your spouse's) Social Security benefit before your full retirement age, be aware that the ...
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https://www.schwab.com/learn/story/guide-on-taking-social-security
What if I take benefits early? ... If you choose to take your own (not your spouse's) Social Security benefit before your full retirement age, be aware that the ...
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83
Social Security in Deficit: Why and What to Do About It
https://taxfoundation.org/social-security-deficit/
The OASI and DI trust funds reflect past surpluses in the system, but those monies were used as they accrued in the past to pay for other ...
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https://taxfoundation.org/social-security-deficit/
The OASI and DI trust funds reflect past surpluses in the system, but those monies were used as they accrued in the past to pay for other ...
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84
When Will Social Security Run Out? - NewRetirement
https://www.newretirement.com/retirement/when-will-social-security-run-out/
A new report from the Social Security and Medicare Board of Trustees finds that Social Security's surplus reserves are expected to run out in 2033, ...
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https://www.newretirement.com/retirement/when-will-social-security-run-out/
A new report from the Social Security and Medicare Board of Trustees finds that Social Security's surplus reserves are expected to run out in 2033, ...
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85
Clinton's $3 Trillion Raid on Social Security - FreedomWorks
https://www.freedomworks.org/press/clintons-3-trillion-raid-on-social-security/
To be sure, most Americans would rather pay down the debt than use Social Security's surpluses to fund pork barrel projects. But make no mistake ...
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https://www.freedomworks.org/press/clintons-3-trillion-raid-on-social-security/
To be sure, most Americans would rather pay down the debt than use Social Security's surpluses to fund pork barrel projects. But make no mistake ...
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86
What Social Security Will Look Like in 2035 | GOBankingRates
https://www.gobankingrates.com/retirement/social-security/what-will-social-security-be-in-2035/
› retirement › what-wi...
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https://www.gobankingrates.com/retirement/social-security/what-will-social-security-be-in-2035/
› retirement › what-wi...
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87
Investing the Assets of the Social Security Trust Fund in Equity ...
https://www.ici.org/pdf/per02-04.pdf
tion of the Social Security Trust Funds be invested in the equities ... the surpluses), which have been transferred (loaned) to the Treasury ...
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https://www.ici.org/pdf/per02-04.pdf
tion of the Social Security Trust Funds be invested in the equities ... the surpluses), which have been transferred (loaned) to the Treasury ...
→ Check Latest Keyword Rankings ←
88
A Citizen's Guide to the Federal Budget - 4. Deficits and the Debt
https://www.govinfo.gov/content/pkg/BUDGET-1998-CITIZENSGUIDE/html/BUDGET-1998-CITIZENSGUIDE-5.htm
The debt is the sum total of our deficits, minus our surpluses, over the years. ... Much of the spending growth has come in Social Security, Medicare, ...
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https://www.govinfo.gov/content/pkg/BUDGET-1998-CITIZENSGUIDE/html/BUDGET-1998-CITIZENSGUIDE-5.htm
The debt is the sum total of our deficits, minus our surpluses, over the years. ... Much of the spending growth has come in Social Security, Medicare, ...
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89
The National Debt Dilemma | Council on Foreign Relations
https://www.cfr.org/backgrounder/national-debt-dilemma
Raising the debt ceiling, the legal limit on government borrowing, ... A bar chart of the U.S. budget in 2019, showing Social Security as ...
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https://www.cfr.org/backgrounder/national-debt-dilemma
Raising the debt ceiling, the legal limit on government borrowing, ... A bar chart of the U.S. budget in 2019, showing Social Security as ...
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90
Vote BLUE on November 6 to save Social Security ... - Facebook
https://www.facebook.com/OccupyDemocrats/photos/a.347907068635687/2361246797301694/?type=3
Have you been drinking the Lemonaid? SSI may have a surplus on paper, but if the General Fund has been borrowing from SSI, then the cash is not ...
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https://www.facebook.com/OccupyDemocrats/photos/a.347907068635687/2361246797301694/?type=3
Have you been drinking the Lemonaid? SSI may have a surplus on paper, but if the General Fund has been borrowing from SSI, then the cash is not ...
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91
Eisenhower Requests First Highway Trust Fund Bailout
https://www.enotrans.org/article/60-years-ago-today-eisenhower-requests-first-highway-trust-fund-bailout/
So Congress passed, and President Eisenhower reluctantly signed, ... transactions with federal trust funds (Highway, Social Security, Unemployment, etc.) ...
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https://www.enotrans.org/article/60-years-ago-today-eisenhower-requests-first-highway-trust-fund-bailout/
So Congress passed, and President Eisenhower reluctantly signed, ... transactions with federal trust funds (Highway, Social Security, Unemployment, etc.) ...
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92
These 7 Social Security myths just aren't true, no matter how ...
https://www.marketwatch.com/story/these-7-social-security-myths-just-arent-true-no-matter-how-often-you-hear-them-2019-08-27
The Social Security trust fund has never been “put into the general fund of the government.” It is a separate account, and always has been.
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https://www.marketwatch.com/story/these-7-social-security-myths-just-arent-true-no-matter-how-often-you-hear-them-2019-08-27
The Social Security trust fund has never been “put into the general fund of the government.” It is a separate account, and always has been.
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93
Social Security didn't finance the Vietnam War
https://www.gbtribune.com/news/life/social-security-didnt-finance-the-vietnam-war/
Any surplus revenue exceeding program cost was deposited into the Social Security Trust Fund as “special issue government bonds” which pay ...
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https://www.gbtribune.com/news/life/social-security-didnt-finance-the-vietnam-war/
Any surplus revenue exceeding program cost was deposited into the Social Security Trust Fund as “special issue government bonds” which pay ...
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94
President Obama Proposes 2016 U.S. Budget
https://www.nationalpriorities.org/campaigns/proposes-2016-us-budget-social-security-health/
Social Security & Healthcare The president's proposal would support a transfer of funds from Social Security's retirement program to its disability ...
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https://www.nationalpriorities.org/campaigns/proposes-2016-us-budget-social-security-health/
Social Security & Healthcare The president's proposal would support a transfer of funds from Social Security's retirement program to its disability ...
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95
Q & A: Social Security and the Debt Ceiling
https://www.grassley.senate.gov/news/news-releases/q-social-security-and-debt-ceiling
Q. How will benefits be paid if the government can't borrow more money? A. The U.S. Treasury has two ways to make Social Security payments ...
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https://www.grassley.senate.gov/news/news-releases/q-social-security-and-debt-ceiling
Q. How will benefits be paid if the government can't borrow more money? A. The U.S. Treasury has two ways to make Social Security payments ...
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96
Perrin Claims 2.7 Trillion Borrowed from Social Security
https://www.olneyenterprise.com/news/perrin-claims-27-trillion-borrowed-social-security
“(1) in the Federal Old-Age and Survivors Insurance Trust Fund, a Social Security Surplus Protection Account; (2) in the Federal Hospital ...
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https://www.olneyenterprise.com/news/perrin-claims-27-trillion-borrowed-social-security
“(1) in the Federal Old-Age and Survivors Insurance Trust Fund, a Social Security Surplus Protection Account; (2) in the Federal Hospital ...
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