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Expenditures in the United States federal budget

Since the Greenspan Commission in the early 1980s, Social Security has cumulatively collected far more in payroll taxes dedicated to the program than it has paid out to recipients—nearly $2.4 trillion by 2008.

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This surplus amount is commonly referred to as the "Social Security Trust Fund."

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Since recommendations of the Greenspan Commission were adopted in the early 1980s, Social Security payroll taxes have exceeded benefit payments.

see also