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The Trust Fund's Not the Only Retirement Fund Being Raided by the Government
March 08th 02:18:32 PM

The Washington Post reports that the government is now raiding the Civil Service Retirement Fund. "The Treasury Department has started drawing from the civil service pension fund to avoid hitting the $8.2 trillion national debt limit. The move to tap the pension fund follows last month's decision to suspend investments in a retirement savings plan held by government employees." The government promises to pay the money back.

Posted by Chris Schrimpf
 

 

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