In the late 90s, John McCain led the fight against those who wanted to spend what they called the “surplus”…
Category: Social Security raid
Over $2.8 Trillion Dollars Raided from Social Security
16 Years ago, Congresswoman Marcy Kanter pleaded with her colleagues to end the raid of the Social Security Trust Fund. …
Did the federal government borrow from social security? This Quora question went viral
It caused an uproar over at Quora when The Seniors Center President Dan Perrin answered the question “Did the federal…
Does the Social Security really have $2.8 Trillion in assets to pay your benefits?
Over at Quora, a questioner asked Does the Social Security Trust Fund really have $2.8 Trillion in assets to pay your…
Annual Social Security Trustees report reveals for the first time since 1982 we will need surplus funds to pay scheduled benefits this year
Nothing is new about the most recent Social Security Trustees report released last Tuesday: Social Security has a long-term financing…