“Opponents have used the negative impact of the economy on Social Security to make it seem as if Social Security was failing, as if it had fallen into a deficit of its own. These claims are false. The interest the government owes to the Social Security Trust Fund for the funds it has borrowed from Social Security represents a legal obligation of the government. Interest earned on Social Security investments has always been used to pay Social Security benefits.” — US Senator Don Riegle, April 5, 2011
Related Posts
December 18, 2024
Are You Familiar with These Lesser-Known Social Security Rules?
December 18, 2024