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Politics : Ask Michael Burke
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To: Mike M2 who wrote (45045)1/30/1999 12:45:00 PM
From: Ilaine  Read Replies (1) of 132070
 
Hi Mike-and-Will, I was aware that Social Security money is being spent, and that it is being spent slower than it comes in so we don't notice it, at least not now. The surplus would otherwise be investing in Treasuries, as I understand it, which confuses the heck out of me. What would it do to the Treasury market if Social Security funds were used to buy T-bills and T-bonds? Maybe you can find a link that explains that.
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