Sen. Don Riegle: Govt. Has Legal Obligation to Pay Interest to Social Security Trust Fund

“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

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