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Strategies & Market Trends : The Millennium Crash -- Ignore unavailable to you. Want to Upgrade?


To: Stingray who wrote (1757)12/5/1997 10:10:00 AM
From: tekgk  Respond to of 5676
 
As far as I know the Social Security surplus goes into the general revenue pool and gets spent. An IOU is created and put into the trust fund. The trust fund is just another liability of the U.S. government using normal accounting. However, the government spins it as a fund with money in it rather than a liability.