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The deposit is credited to an account, and as long as the account has a positive balance, the bank is obligated to honor debits to it. In the same way, the trust funds' balances represent and have swerved as financial claims against the government-claims on which the Department of the Treasury has never defaulted...
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This letter written by Al Gore shows the government side of the issue on Social Security. The government does make it's point in describing that Social Security is not endanger of losing money or even going bankrupt. According to Al Gore he mentioned that, "Social Security represents an important commitment to the elderly which must not and will not be abandoned...
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New account
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cost account
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