Posts Tagged ‘ Debt Ceiling ’

Social Security and the Federal Debt: Why You Should Be Worried – CBS MoneyWatch.com

But the fact of the matter is, I am worried, and I have to respectfully disagree with Mr. Richtman. Somebody has to pay back the interest and principal on these government bonds, and who will that be? You guessed it — that’s us, through our taxes. Another way to express the value of the Social Security trust fund is that it’s invested in $2.5 trillion of future tax collections. Now I don’t feel so secure.

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Social Security should divest itself from U.S Treasury Bond investments… but how can it be done with some measure of  reducing the risk?

via Social Security and the Federal Debt: Why You Should Be Worried – CBS MoneyWatch.com.