Despite a claim to the contrary, Social Security does add to federal budget deficits.
People who stole U.S. Postal Service uniforms are posing as postal workers and robbing people at gunpoint.Experts told us then that there are two main measures of the federal deficit: the"on-budget" balance, which essentially includes everything except Social Security; and the"unified budget," which merges the on- and off-budgets, and is the more common for budget experts and the media.
The government, in turn, incurred obligations to repay the bonds, plus interest, to the Social Security trust fund. In other words, money was transferred from the government’s general fund to Social Security. The Treasury has to borrow money to make the transfer.
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