[jfengel]

Funding it from the general fund is probably fine. The whole "trust fund" idea was pretty bogus.

The pay-as-you-go idea never anticipated a baby boom and baby bust, but a trust fund wasn't a good solution, either. It just obscured the fact that it was a tax increase on the lower and middle classes.

Water under the bridge, now. The fact is that social security is an entitlement. If the SS budget does not have enough money to pay it, the government is in violation of the law. The money will come from the general fund, and it will be raised by either taxes or borrowing.