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To: cgbg

Promises from the past....

https://www.ssa.gov/history/ssa/usa1964-2.html

Self-Supporting

“The program is designed so that contributions plus interest on the investments of the social security trust funds will be sufficient to meet all of the costs of benefits and administration, now and into the indefinite future—without any subsidy from the general funds of the Government. Both the Congress and the Executive Branch, regardless of political party in power, have scrupulously provided in advance for full financing of all liberalizations in the program.”

And where your “contributions” went. Read and weep.

https://www.ssa.gov/OACT/ProgData/fundFAQ.html#n4


48 posted on 01/29/2024 8:12:46 AM PST by Ruy Dias de Bivar
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To: Ruy Dias de Bivar
investments of the social security trust funds

Unfortunately there is no such thing as an actual trust fund.

49 posted on 01/29/2024 8:13:51 AM PST by 1Old Pro
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