Will the social security system take in more taxes than it needs?

    Creators and Contributors
    Author: Koitz, David
    Original Date Issued
    1984
    Place of Origin
    Mode of Issuance
    Extent
    4 pages
    Description
    Recent projections suggest that by the end of the decade social security taxes may be higher than necessary to meet the benefit commitments of the program. The excess income would be invested in Federal securities and would be used to finance other government activities in the 1990-2020 period. In later years, however, governmental resources could be strained as the securities are cashed in to help pay for the benefits of the post World War II "baby boom" retirees.,CRS 84-783 EPW,"October 22, 1984.",SuDoc# LC 14. 18/3
    Note
    CRS 84-783 EPW,"October 22, 1984.",SuDoc# LC 14. 18/3
    Resource Type
    Genre
    Identifier
    mu:80176
    Language of Resource