Topic: Social Security Trust Fund

2 chapters across the catalog

Hats of State
Episode 367 16:54 - 19:55

367: Hats of State

Social Security Trust Fund Deficit, Federal Bookkeeping Claims

House Resolution 502 contains language stating that the Social Security Trust Fund is currently running a cash deficit and will require $6.5 trillion over 75 years to meet obligations. This admission contradicts previous government assurances regarding the fund's solvency. The deficit is compared to the financial struggles of the U.S. Postal Service, with suggestions that the numbers are manipulated through specific bookkeeping practices to justify policy changes.

What do you call Soy milk?
Episode 207 2:26 - 8:06

207: What do you call Soy milk?

Social Security Administration Benefits and Financial Solvency

A formal letter from the Social Security Administration informs a recipient of their eligibility for benefits while simultaneously warning of future financial instability. The document claims the trust fund will be exhausted by 2037, leading to a projected payout of only 76 cents on the dollar. The communication is characterized as a propaganda effort to excuse decades of government mismanagement of tax contributions.