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Politics : PRESIDENT GEORGE W. BUSH

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To: Nadine Carroll who wrote (159784)7/10/2001 10:28:42 PM
From: DMaA  Read Replies (1) of 769667
 
What do you think the SS administration would do with the checks it receives otherwise? Cash them and put the bills in a huge Scrooge McDuck vault?

Treasury has borrowed the payroll tax revenue that was supposed to go into the Social Security Trust Fund, to the tune of more than $100 billion dollars per year. This is why the Treasury Secretary says "We have no assets" in the Social Security Trust Fund.
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