In 15 of Last 25 Months, Treasury Needed to Borrow Money to Pay Social Security Benefits

(CNSNews.com) - The U.S. Treasury has needed to borrow money to pay Social Security benefits in 15 out of the last 25 months on record because the Social Security system was in deficit in those months, with the cost of monthly benefit payments exceeding the Social Security tax revenues flowing into the Old Age, Survivors and Disability Insurance trust funds, according to data published by the Social Security Administration.In 15 of Last 25 Months, Treasury Needed to Borrow Money to Pay Social Security Benefits