Busting Myths About Social Security

Posted on AllSides September 28th, 2012
From The Left
OPINION

When they say… The Truth is… The National Committee’s position
is…
Social Security
is going broke
The Social Security Trust Fund currently
holds a $2.7 trillion surplus which is invested, sensibly, in one of the world's
safest investment vehicles-U.S. Treasury
notes. These notes represent the money
borrowed by Congress to offset other
government spending and the interest
collected on that debt. The Trust Fund
will be able to fund full benefits through
2036. After that, even if no...

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National Committee to Preserve Social Security and Medicare

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