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Reply #35: There is no trust fund
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quaker bill
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Mon Sep-28-09 11:01 PM
Response to Reply #28 |
35. There is no trust fund |
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all that is left is debt, and the Chinese own a fair chunk of it. Current taxes pay the benefits the excess goes to the general fund to reduce the deficit. There is no trust fund to invest. There is no pile of money, unless they print it.
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