There are sources for Social Security which include the payments that are made into the system each year, the interest that's available, and any deficits beyond that would have to be financed. Those are the only. So what does the treasury do? They float additional government bonds or they have to increase taxes. Correct. Senator Johnson, we're way over time. Well, it's only two minutes, but whatever. Thank you. Man. (06:55–06:59)
CLAIM
Asserts that the Treasury must issue more bonds or raise taxes to cover deficits.
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