Welcome to the bar. Have a taste here
Assets at the end of December 1986 were about $47 billion; by the end of September 2004, assets totaled about $1,635 billion.
Social Security Income, Outgo, and Assets
not bad - and now take a nip of this drink
By law, all income to the trust funds that is not immediately needed to pay expenses is invested, on a daily basis, in securities guaranteed as to both principal and interest by the Federal government.
Social Security Administration Trust Fund FAQs
yeah, nice one - now this one is quite strong
The validity of the public debt of the United States, authorized by law, including debts incurred for payment of pensions and bounties for services in suppressing insurrection or rebellion, shall not be questioned.
US Constitution, Amendment XIV, Section 4.
and to feel even better and assured
I do solemnly swear that I will faithfully execute the office of President of the United States, and will to the best of my ability, preserve, protect, and defend the Constitution of the United States.
US Constitution, Article II, Section 1, The Presidential Oath of Office
Tasted good so far? Hmm, I am sooo sorry
Some in our country think that Social Security is a trust fund -- in other words, there's a pile of money being accumulated. That's just simply not true. The money -- payroll taxes going into the Social Security are spent. They're spent on benefits and they're spent on government programs. There is no trust. We're on the ultimate pay-as-you-go system -- what goes in comes out. And so, starting in 2018, what's going in -- what's coming out is greater than what's going in. It says we've got a problem. And we'd better start dealing with it now. The longer we wait, the harder it is to fix the problem.
Office of the Press Secretary: President Participates in Class-Action Lawsuit Reform Conversation, February 9, 2005
Impeach Bush.
