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Jul 4, 2024

Is Social Security a drag on national debt? Depends on how you define “debt.”

According to the law, Social Security cannot contribute to the national debt.

Is Social Security a drag on national debt? Depends on how you define “debt.” — Alex Wong/Getty Images

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Segments From This Episode

Does Social Security increase the national debt? It depends on how you define “debt.”
by Nova Safo and Kimberly Adams
Kevin Dietsch/Getty Images
The program pays $1.5 trillion a year and aids 70 million Americans. But it has its own budget and by law can’t create debt or widen deficits.
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The Team

Is Social Security a drag on national debt? Depends on how you define “debt.”