Reply #4: Social Security IS NOT solvent

[sandnsea]

A Trust Fund that is owed money from an institution that is trillions of dollars in debt, is not solvent.

The Trust Fund DOES NOT have any money in it. The US Govt will have to borrow money to pay back the trust fund.

In the future, around 2030 or so, AFTER the govt pays back the trust fund AND it still runs out; then social security will only bring in 75% of what it will owe in benefits.

There is no "crisis". But social security is also NOT solvent.

If you turn in anything that doesn't include that information, your son should get an F. The twisting of the social security problems has been disgraceful.

You can even find articles from Krugman that verify that social security IS NOT solvent.