[kabar]

The SS Trust Fund contains over $2 trillion in non-market T-Bills, which can only be redeemed by the USG. Technically, SS has the money to fund the program fully thru 2036, but the reality is that in order for the USG to pay for the program, it must come up with the money from the General Fund to redeem the SSTF T-bills, which are really just IOUs.

The SSTF is included in the $14 trillion national debt and is under the heading "Intragovernmental Holdings," to distinguish it from the publicly held debt. The fact that it is included in the national debt demonstrates that the SSTF represents an unfunded liability.

[DManA]

If there was a big fire and all the SS bonds burned up would it make any practical difference? Obviously not.

[MostlyAnti-Lib]

Wow!!
You’ve done your homework.
Maybe you should take over for Cavuto!