In recent years, attention has focused on the cash flows' effects on the rest of the  .... Technically, the General Fund of the Treasury excludes those other funds as  ..... described how trust fund tax income is essentially borrowed by the general .....  OASDI is therefore said to be off-budget, with “on-budget” understood to refer to ...
Aug 3, 2015 ... Bush 'borrowed' $1.37 trillion of Social Security surplus revenue to pay for his ...  Facebook posts like this one suggest President George W. Bush ... A number of  readers asked us to check out the claim, so we decided to take a look. ... the  Treasury only has access to the cash revenue collected every year, ...
Finally, as Treasury debt securities (trust fund assets) are redeemed in the future,  ... Each year, starting in 1941, the Social Security Board of Trustees has ... The  continuing projections in the annual reports since 1983 have borne out this .....  allow the trust funds to either borrow from the General Fund of the Treasury or to  ...
Aug 18, 2015 ... Social Security has developed into one of the most popular federal ... the Social  Security Act into law 80 years ago this month, he said that while “[w]e ... not on  how much you and your employer paid in Social Security taxes ... After that,  Social Security will begin redeeming its hoard of Treasuries for cash to ...
Dec 5, 2018 ... Benefits, Grants, Loans ... This tax money goes into a trust fund that pays benefits  to those who ... Each year you work, you'll get credits to help you become eligible  for ... asked questions or contact Social Security Administration directly. ... How  much Social Security income you'll receive depends on your ...
Social Security, like I told you, is out of money. This year it is borrowing from the general treasury.