[mason240]

> social security has a $2.8 trillion trust fund.

That trust fund is in form of IOUs from the general fund of the Federal government - where do you think the money to pay back those IOUs will come from?

[unclenoriega]

Probably taxes, where all SS funds have always come from.

[mason240]

That's the point. If the IOUs have to be repaid with extra tax revenues, it is functionally equivalent to a deficit and not really a "trust fund."