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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: Lizzie Tudor who wrote (106326)2/22/2008 6:39:44 PM
From: CalculatedRiskRead Replies (1) | Respond to of 306849
 
Excess FICA receipts are the surplus that Social Security Insurance is currently running. The program is taking in a lot more money than it's spending right now.

The idea was to build up a huge surplus in the SSI fund to be spent when the boomers retire.