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Politics : A Real American President: Donald Trump
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Woody_Nickels
To: Woody_Nickels who wrote (129605)4/1/2019 1:48:39 PM
From: sm1th1 Recommendation   of 456330
 
By buying long term bonds, Congress would have still had use of
the funds, without total confiscation with no return.
SS surpluses have always been "invested" in US treasury bonds. Now that SS is paying more than it receives, it is cashing them in. It is still a Ponzi scheme. The funds to pay back those bonds comes from general tax revenues or from more borrowing.
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