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[–] 20614876? ago 

They raided the SS fund in the 1960's to pay for their Welfare program.

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[–] 20614242? ago  (edited ago)

By law all social security surpluses must be invested in US treasuries. In other words the federal government borrows from SS, and it's part of the federal debt. So yes, despite The Motley Fool's spin, lawmakers do in effect raid the SS trust funds.

Realistically, that massive debt will be cleared by at least one of the following:

  • devaluation of the currency,
  • increased taxation,
  • jubilee.

All such events will result in SS recipients (and others) being significantly poorer in income and/or spending power.