# Social Security: I hate it when there’s a kernel of truth from the Republican opposition

**URL:** https://boards.straightdope.com/t/social-security-i-hate-it-when-there-s-a-kernel-of-truth-from-the-republican-opposition/980946
**Category:** In My Humble Opinion
**Created:** [March 9, 2023, 8:09pm UTC](https://boards.straightdope.com/t/social-security-i-hate-it-when-there-s-a-kernel-of-truth-from-the-republican-opposition/980946 "2023-03-09T20:09:03Z")
**Posts on this page:** 3
**Page:** 8

<div class="post-metadata">

### Author: ![suranyi](https://avatars.discourse-cdn.com/v4/letter/s/e36b37/32.png) [@suranyi](https://boards.straightdope.com/u/suranyi)
#### Post date: [March 28, 2023, 6:46pm UTC](https://boards.straightdope.com/t/social-security-i-hate-it-when-there-s-a-kernel-of-truth-from-the-republican-opposition/980946/141 "2023-03-28T18:46:58Z")

</div>

But that’s precisely the opposite of what the word means! If you are entitled to something, it means you _have_ earned it. So annoying.

---

<div class="post-metadata">

### Author: ![SunUp](https://avatars.discourse-cdn.com/v4/letter/s/ea5d25/32.png) [@SunUp](https://boards.straightdope.com/u/SunUp)
#### Post date: [March 28, 2023, 7:11pm UTC](https://boards.straightdope.com/t/social-security-i-hate-it-when-there-s-a-kernel-of-truth-from-the-republican-opposition/980946/142 "2023-03-28T19:11:54Z")

</div>

Wikipedia says not:

> **[Social Security Trust Fund](https://en.wikipedia.org/wiki/Social_Security_Trust_Fund)**
>
> The Federal Old-Age and Survivors Insurance Trust Fund and Federal Disability Insurance Trust Fund (collectively, the Social Security Trust Fund or Trust Funds) are trust funds that provide for payment of Social Security (Old-Age, Survivors, and Disability Insurance; OASDI) benefits administered by the United States Social Security Administration.
> The Social Security Administration collects payroll taxes and uses the money collected to pay Old-Age, Survivors, and Disability Insurance benefits by...

3rd paragraph under “History” heading:

> Social Security benefits are paid from a combination of social security payroll taxes paid by current workers and interest income earned by the Social Security Trust Fund.

So the interest on the government bonds that the trust fund owns goes to pay Social Security benefits, not to the government general fund.

---

<div class="post-metadata">

### Author: ![Dinsdale](https://avatars.discourse-cdn.com/v4/letter/d/97f17d/32.png) [@Dinsdale](https://boards.straightdope.com/u/Dinsdale)
#### Post date: [March 31, 2023, 5:50pm UTC](https://boards.straightdope.com/t/social-security-i-hate-it-when-there-s-a-kernel-of-truth-from-the-republican-opposition/980946/143 "2023-03-31T17:50:27Z")

</div>

> **[Trustees Report Summary](https://www.ssa.gov/OACT/TRSUM/)**
>
> A SUMMARY OF THE 2023 ANNUAL REPORTS

For folk who are interested, IMO this is probably the best source of the most recent info.

[Previous page](https://boards.straightdope.com/t/social-security-i-hate-it-when-there-s-a-kernel-of-truth-from-the-republican-opposition/980946.md?page=7)
