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Where are all those federal IOUs for borrowed Social Security funds?

30ashopper avatar
SoWal Insider
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I find stories like this fascinating. Whenever I hear about those IOUs the politicians in washington have been writing the american taxpayer for borrowed social security funds, I always wonder .. what does a congressional IOU look like? Where are all those IOUs kept? Are they buried in a vault in the basement of the social security building in washington dc? Are they written on postits, signed by congress? Nope, they sit in a single three-ring binder, in the bottom drawer of a white filing cabinet in Parkersburg West Virginia. Go figure.

Social Security to start cashing Uncle Sam's IOUs - Yahoo! News

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Beach Fanatic
#2
I find stories like this fascinating. Whenever I hear about those IOUs the politicians in washington have been writing the american taxpayer for borrowed social security funds, I always wonder .. what does a congressional IOU look like? Where are all those IOUs kept? Are they buried in a vault in the basement of the social security building in washington dc? Are they written on postits, signed by congress? Nope, they sit in a single three-ring binder, in the bottom drawer of a white filing cabinet in Parkersburg West Virginia. Go figure.

Social Security to start cashing Uncle Sam's IOUs - Yahoo! News


I want to know where the money is coming from to cash them. Looks like we will be paying them off and financing Obama's health care fiasco.

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