Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Please clarify the earlier question about the federal government owing the trust funds over $600 billion. Is this true?

April 26, 2017clarify Federal funds government owing Trust

0

Posted

Please clarify the earlier question about the federal government owing the trust funds over $600 billion. Is this true?

1 Answer

0

Posted

The government pays interest to the trust funds. The government owes the money which the trust funds have loaned to it and will have to repay it as the securities come due.