SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : The Trump Presidency -- Ignore unavailable to you. Want to Upgrade?


To: TimF who wrote (69916)5/4/2018 5:23:40 PM
From: Wharf Rat  Read Replies (1) | Respond to of 363131
 
"The government doesn't borrow from the trust fund. It can't, or at least doing so would be meaningless."

It might be meaningless to you, but the interest received for the money it "can't" lend is all that stands between + and - on the SSTF bottom line.

Trustees Report Summary - Social Security

ssa.gov



In 2016, Social Security's total income exceeded total cost by $35 billion. When interest received on trust fund assets is excluded from program income, there was a deficit of non-interest income relative to cost equal to $53 billion. The Trustees project that annual non-interest-income deficits will persist throughout the ...