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Background on Social Security


Social Security Trust Fund

Social Security retirement age

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:
Democratic Incumbents:
Pres.Barack Obama
V.P.Joe Biden

Democratic 2016 Prospects:
Secy.Hillary Clinton
Gov.Andrew Cuomo(NY)
Mayor Rahm Emanuel(IL)
Gov.Martin O`Malley(MD)
Gov.Deval Patrick(MA)

Republican 2016 Prospects:
Gov.Jeb Bush(FL)
Amb.John Bolton(MD)
Dr.Ben Carson(MD)
Gov.Chris Cristie(NJ)
Sen.Ted Cruz(TX)
Rep.Newt Gingrich(GA)
Rep.Peter King(NY)
Gov.Sarah Palin(AK)
Sen.Rand Paul(KY)
Gov.Rick Perry(TX)
Sen.Rob Portman(OH)
Sen.Marco Rubio(FL)
Rep.Paul Ryan(WI)

Third Party 2016 Prospects:
Mayor Mike Bloomberg(I-NYC)
Gov.Gary Johnson(L-NM)
Donald Trump(I-NYC)
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