$2,585,323,000,000 has been put into the Social Security trust fund. But the government has siphoned all of this money off to be used by other agencies. So now as indicated by the Office of Management and Budget, “ . . .the trust fund balances do not represent net resources.
•The Social Security Trust Fund may have assets in it, but those assets are liabilities of the Treasury Department. •Therefore the government of the whole has no assets set aside for Social Security benefits. |
