Draining the Social Security Trust Fund

christian a. gregory christian11 at mindspring.com
Sat Jun 3 15:32:39 PDT 2000



> Second, the positive balance until 2004 remains the same under our
> assumptions, and still feeds the Trust Fund, which continues to grow
> per estimates. But at 2004, the balance is reduced from 10.62 to 0.06.
> That is 10.56% of OASDI income that does NOT go to fatten the Trust
> Fund.

I don't get the 10.62 number. That's the cost in 2004, right? How is it a reduction in the balance? (Or am I reading this sentence wrong?)

Christian



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