The Social Security Board of Trustees estimates that the investments that are held to pay Social Security benefits will be depleted by 2034.

Question

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The 2017 report of the Social Security Board of Trustees projects that total Trust Fund revenues (including investment interest) will continue to exceed program costs through 2021, but that costs will exceed revenues in 2022. At that point, Social Security will need to start redeeming its investments in Treasury securities to meet program costs. The Social Security Board of Trustees estimates that those investments will be depleted in 2034.

The Social Security Board of Trustees Estimates That the Investments