>>...those resources will need to come from federal revenues or additional borrowing...<<
However, since you repeated this twice in your last post, and stated that you don’t understand my logic, here’s the part that you’re missing: The resources I’m talking about would come from “additional borrowing” as the OMB asserted in the quote you repeated twice for emphasis.
Again, the point is that the non-public debt COUNTS AGAINST THE DEBT CEILING. I’m suggesting a way that it be converted to public debt, leaving the debt ceiling unchanged, while enabling the raising of an equivalent amount of cash.
I haven’t said anything yet about the broader implications of this, nor about whether it’s a good idea or not. That discussion has can wait until someone understands what I’m saying and wants to pursue it. For now, we’re stuck at “It can’t happen.”
Last word from me. The only way you can redeem the IOUs from the SSTF is to pay SS benefits to make up the shortfall between revenue and payouts. The General Fund must come up with the money whether thru borrowing or cutting spending. You don’t seem to understand what the CBO is saying about trust funds. Cheers and good luck.