We were assured that there is no problem.
Reporting this news from Daily Finance
Read this bit to convince you, we have a problem, all 50 million of us.
Given the above data, it's unsurprising to find that the Treasury needed to borrow money to pay Social Security benefits in 15 out of the last 25 months. When the cost of monthly benefit payments exceeds the Social Security tax revenues, then the Treasury has to fill the gap with borrowed money.
See full article from DailyFinance:
No comments:
Post a Comment