Defaulting on the Social Security Trust Fund: What It Would Mean and How It Would Be Done

Dean Baker

CEPR Reports and Issue Briefs from Center for Economic and Policy Research (CEPR)

Abstract: Some policymakers have asserted that the Social Security program will begin to face serious problems in 2018. This paper shows that the date would only pose a problem if the U.S. government were to default on the bonds held by the Social Security trust fund.

Date: 2005-03
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Persistent link: https://EconPapers.repec.org/RePEc:epo:papers:2005-06

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