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In reply to the discussion: Ultra Low Interest Rates A Threat To Social Security [View all]eniwetok
(1,629 posts)24. where did you get 30 years from?
The latest SS Trustees report projects the Trust Fund will be exhausted by 2034.
The projected annual OASDI cost exceeds non-interest income throughout the long-range period (2015 through 2089) under the intermediate assumptions. The dollar level of the theoretical combined trust fund reserves declines beginning in 2020 until reserves become depleted in 2034.
https://www.ssa.gov/oact/TR/2015/tr2015.pdf
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From previous reports. Just because they're not online does not mean they do not exist.
jeff47
Mar 2016
#41
Well, yeah Congress can always amend the SS Act. But until they do that, it's pretty much a market
Hoyt
Mar 2016
#28
I think they have driven rates down in the hopes of spurring job creating business.
Hoyt
Mar 2016
#29
And it hasn't worked well because of other issues that only Congress, not the Fed, can address.
strategery blunder
Mar 2016
#47
Agreed. Allowing giant banks to borrow money for free from the taxpayers without no requirement
GoneFishin
Mar 2016
#51