3 ms·
Social Security DOES NOT come out of the general fund (tax revrnues) so cannot have any effect on the budget (which is the plan of how to spend the general fund
by ztormbringer 7y ago
Social Security DOES NOT come out of the general fund (tax revrnues) so cannot have any effect on the budget (which is the plan of how to spend the general fund). Social Security is paid out of the separate Social Security Fund. The only way it affects the General Fund is via the contracted repayment of borrowed monies (and interest) owed to the SSF which the government seemingly wants to default on.