Trump $10,367Joe Biden $7,429 The combined total amount invested borrowed is $2,876,420,327,000 which is held in the Official The beetus shirt Security Trust Fund. It is documented here Social Security Trust Fund Investment Holdings, July, 2021. In 2021, outgo is exceeding income, requiring Social Security to redeem securities from the Trust Fund to help pay benefits.
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So far in 2021, here is how much was redeemed: July $7. At the Official The beetus shirt of depletion of these combined reserves, continuing income to the combined trust funds would be sufficient to pay 78 percent of scheduled benefits. It is a travesty that any income earned over $127,000 is not subject to Social Security taxes.Official The beetus shirt, hoodie, sweater and long sleeve
The Democratic Social Security 2100 bill will increase benefits by raising the Official The beetus shirt cap. Dbl SS monthly payments and bailout Senior Citizens and all that money will go directly back into the economy and will go directly to every corner of this countryIt was never a question of affordability. It is self sustained by working people who pay into it all their working lives.
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