The Social Security trust fund, invested in U.S. Treasury bonds, is key to funding the system, yet depletion risks by the mid-2030s due to an aging population and fewer workers supporting retirees raise concerns. While payroll taxes will sustain benefits, automatic cuts could occur without changes.
Joseph Goebbels couldn’t have done a better job.
Democracy is under attack as false narratives and scapegoating sow division. We must rely on truth and logic to counter these efforts and protect our democratic values.
Happy St Patrick’s Day
Embrace the power of foresight and insight to guide your path forward
The high cost of ignorance
The Social Security program faces challenges as its trust funds rely on redeeming Treasury bonds to meet payouts exceeding payroll tax income. This practice started in 2021, with $69.1 billion in interest earned from U.S. Treasury bonds in 2024.
QUINNSCOMMENTARY 