And then in several years, in a few years when the Social Security trust fund is paying out more money than it is taking in, Congress would be able to pretend that the budget was balanced when, in fact, we were running a huge deficit in the Social Security trust fund. And, in fact, the Social Security trust fund could go absolutely bankrupt, could it not, and yet under that proposal the budget would still be balanced?
T. Gorton: “And then in several years, in a few years when the Social Security trust fund is paying out more money than it is taking…”
Editor's note · Context
Discussing concerns about the Social Security trust fund and budget balancing.
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