3 ms·
The is no such thing as Social Security “solvency”. If Social Security cannot pay it’s obligations to recipients, it is funded by the general treasury. The tre
by dpweb 5y ago
The is no such thing as Social Security “solvency”.
If Social Security cannot pay it’s obligations to recipients, it is funded by the general treasury. The treasury doesn’t have the funds either, so is funded by treasuries.
- kmonsen 5y agoOr you know payments are reduced. The taxes were not a contract, the government can change the terms at any time. If at all possible it would probably be best to freeze payouts and let inflation solve the issue.