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In fact you are wrong. The SS Trust Fund holds no real assets. It holds non-marketable IOUs from the Treasury. They do not invest in Treasurys, although the
by ckinnan 10y ago
In fact you are wrong. The SS Trust Fund holds no real assets. It holds non-marketable IOUs from the Treasury. They do not invest in Treasurys, although the SS surplus is spent by the federal government. There are no actual assets and there is no real trust fund, it is just an accounting scheme. Treasury will need to raise taxes, cut spending, or borrow cash on the open market to repay the IOUs.