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A question regarding SS in respect to rest of debt owed ?? [View All]

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Home » Discuss » Archives » General Discussion: Presidential (Through Nov 2009)

kentuck

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Fri Mar-04-05 05:49 PM
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A question regarding SS in respect to rest of debt owed ??

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Bush is saying the IOUs for SS are going to put a burden on the taxpayers to try and pay it back when baby boomers retire. Now, as I understand it, SS is not the majority owed on outstanding debt? So, if we have $8 trillion in total debt and $2 trillion of that is in SS funds, how do we pay the rest of the debt?? If SS is a problem, would not the rest of the debt be an even bigger problem?? If we can't pay the IOUs on the SS, how are we going to pay the rest of the debt? Can someone explain this, please?

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