Fedblog


So there really is a Social Security trust fund? Yup, and it sits a couple of binders in a file cabinet in a Treasury Department office in West Virginia, of all places. In 1994, Congress required that Treasury create a "physical document in form of bond, note or certificate of indebtedness, rather than accounting entry," to document Social Security's obligations. So they did, and still do.

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Government Executive Editor in Chief Tom Shoop, along with other editors and staff correspondents, take a fresh look at news affecting the management and operations of the federal bureaucracy.

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