Social Security is running a surplus of $77 billion this year and amassing a trust fund large enough to last through the peak retirement years of the Baby Boomers. Make sure to read about the proposed budget I posted earlier as well.
There’s a lot going on in the world, and the largest gold investment companies are staying very busy.
Social Security can only spend what it receives in tax revenues and has accumulated in its trust fund from past surpluses and interest earnings. It cannot add to the deficit if the trust fund is exhausted because the law prohibits it from borrowing.