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Background on Social Security


Social Security issues in 2016 election

Payroll Cap

Social Security retirement age

Social Security Trust Fund

Social Security Investment

Due to the enormous amount of money involved, where and how the Trust Fund is invested will dramatically impact the economy.
 $1.0 trillion      Total amount currently in the Trust Fund   (2012)
 $3.0 trillion      Estimated amount needed by peak year       (2015)
 $0.5 trillion      Expected new budget deficit                (2013)
 $3.8 trillion      Total amount of most recent federal budget (2013)
$14.2 trillion      Total amount of the federal National Debt  (2011)
$13.4 trillion      Total market capitalization of the NYSE    (2011)

 $0.6 trillion      Total amount previously in the Trust Fund  (1999)
 $3.0 trillion      Estimated amount needed by peak year       (2015)
 $2.9 trillion      Expected total budget surplus for years 2000-2009
 $1.8 trillion      Total amount of most recent federal budget (2000)
 $5.6 trillion      Total amount of the federal National Debt  (1998)
$11.6 trillion      Total market capitalization of the NYSE    (1999)

‘Lockbox’

IRAs and other Retirement Accounts

Medicare and Medicaid

Social Security Buzzwords

Other candidates on Social Security: Background on other issues:
2020 Presidential Democratic Primary Candidates:
State Rep.Stacey Abrams (D-GA)
V.P.Joe Biden (D-DE)
Mayor Pete Buttigieg (D-IN)
Sen.Cory Booker (D-NJ)
Secy.Julian Castro (D-TX)
Rep.John Delaney (D-MD)
Rep.Tulsi Gabbard (D-HI)
Sen.Kirsten Gillibrand (D-NY)
Sen.Kamala Harris (D-CA)
Gov.John Hickenlooper (D-CO)
Gov.Larry Hogan (D-MD)
Gov.Jay Inslee (D-WA)
Gov.John Kasich (R-OH)
Sen.Amy Klobuchar (D-MN)
Rep.Seth Moulton (D-MA)
Rep.Beto O`Rourke (D-TX)
Sen.Bernie Sanders (I-VT)
Sen.Elizabeth Warren (D-MA)

2020 GOP and Independent Candidates:
Pres.Donald Trump (R-NY)
V.P.Mike Pence (R-IN)
Gov.Bill Weld (L-MA)
CEO Howard Schultz (I-WA)
Gov.Jesse Ventura (I-MN)
V.C.Arvin Vohra (L-MD)

2020 Withdrawn Candidates:
Mayor Mike Bloomberg (I-NYC)
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