Political Quotes

Tim Kaine: “The Treasury would temporarily shoulder the burden of providing benefits to Social Security beneficiaries — but when the…”

On the recordJuly 8, 2025
The Treasury would temporarily shoulder the burden of providing benefits to Social Security beneficiaries — but when the new fund’s 75 years are up, it would pay the Treasury back and supplement payroll taxes to help fill the future gap.
Said by
Tim Kaine
Democratic · Virginia
Source
thehill.com
Jul 8, 2025

Editor's note · Context

Kaine explains how the new fund would operate and repay the Treasury.

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