It’s my understanding that the Feds owe SS $2.5 Trillion. They need to pay it back before spending any more of the countries tax money on anything. But.....we all know that this administration won’t do that.
That is mine as well. But, Congress in its inimitable wisdom, not wanting to be accused of stealing, had Treasury issued 'non-negotiable' bonds for each amount of surplus that they confiscated. My Representative, Doc Hastings, admitted in a letter my wife received that Congress used the surpluses to reduce the spending debt each and every year.
P.S. You all know what a 'non-negotiable' bond is worth? Nothing!!!!!!!!!