“Social security is not part of the budget, it is self funded. That is why it is going broke”
Where do the social security checks come from? Is there a separate fund that is being drawn from, and that is also being fed by our and our employers social security payments?
Social Security is combined with the general fund for reporting to deceive the public.
SS comes from the Social security administration.
Much of their funds were invested in long term Treasury BONDs. Majority holder of Americas debt is us old farts.
Short term, working peoples 12.6 percent every payday goes into that administration and most is sent out to people that get social security and all the other crap congress raided for political gains. When payday funds aren’t enough they go to bonds and sell them at a loss. Bonds only pay face value when they mature. They do pay interest prior to “maturity”.