Originally Posted by Guest

I heard again this morning on one of the news shows that Social Security is solid until 2033. Is that really a factual statement? Social Security is now paying out more than it takes in so monies are being drawn from "Trust Fund" to make up balance. There are no assets in Trust Fund so I assume money is being taken from general fund. Without spending cuts or increased taxes additional money is being borrowed and added to debt. Is my thinking correct on this or am I missing something. Our new president is gearing up for a big spending spree now. I know better but I'm starting to wonder if there is any downside to spending money we don't have?