Quote:
Originally posted by turbo6bar
If you ignore the SS surplus and trust obligations, then the deficit is indeed on $260 Billion.
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And if my aunt had balls, she'd be my uncle. This is the even dirtier secret, namely that Congress has long used the SS surplus as a slush fund for their overspending. It doesn't matter which party is in control. They both did/do it and you never hear anyone talk about the worthless IOU's that will never be repaid. We'd have zero SS problem when the baby boomers retire if that slush fund hadn't been raided.