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In reply to the discussion: Ultra Low Interest Rates A Threat To Social Security [View all]eniwetok
(1,629 posts)40. I don't know where you got those numbers
I have absolutely no recollections of ANY of those dates you mentioned and given the amount of money going into the fund during those years plus the reserve I don't know where you got those numbers. Are you sure you're not thinking of 1982? Of course if one looks back to the 1997 report https://www.ssa.gov/oact/ssir/SSI97/ssi1997.pdf the earliest one on line https://www.ssa.gov/oact/ssir/index.html they only looked out 25 years.
Currently, the DI fund is in trouble as we speak. The HI trust fund is expected to last until 2030 and OA to 2034.
https://www.ssa.gov/oact/TRSUM/index.html
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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