Quote:
Originally Posted by Cletus Miller
And, yes, the SS Bonds are covered in the debt ceiling.
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So thus on balance sheet, no?
ETA: BTW, another thing I have been wondering about but haven't bothered to look up is how the size of the trust fund compares the the expected future shortfalls. I occassionally find myself thinking about it as though the fund is a measure similar to an unfunded pension liability, but it isn't, as in fact there isn't any real relationship between its size and what will be owed.
