Election 2010: Teabaggin' the Ds & Rs

[Adder]

Originally Posted by Cletus Miller

And, yes, the SS Bonds are covered in the debt ceiling.

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.