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Bad Definitions Distort Social Security: The Truth Behind the Social Security Trust Fund

September 3, 2024

The so-called Social Security "Trust Fund" is neither funded nor can it be trusted—at least according to David Walker, former Comptroller General of the United States. In 1987, the Social Security Trust Fund started with a balance of $46.8 billion. Today, there is no money left in the Trust Fund. In this video, we break down how this is possible and where the money has gone. 

 

 
 
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