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The Social Security crash is closer than you think

August 17, 2017

By Brendan Kirby, includes “… But Tanner and other experts argue that it is even worse than that, because the Social Security Trust Fund is little more than an accounting gimmick. Unlike most trust funds, the Social Security Trust Fund has no assets, and the government has no legal obligation to continue making the payments. "The reason it's called a trust fund is that's what Congress decided to call it," said Sheila Weinberg, founder of the nonprofit group Truth in Accounting. …”

Read the full article on: PoliZette

 
 
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