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Bush Talks of Crisis to Sell U.S. Retirement Plan. Now that the election is over, pay no attention to the failed war on terror or to the fact that the Bush administration borrowed our retirement money to fund an illegal war in Iraq among other things. Thieves.

To some extent, the problem is not with Social Security which currently is running a surplus and will hold $5.3 trillion in U.S. government bonds in its trust fund in 2018, but with the rest of the budget. The problem is the government will have to make good on the IOUs held by Social Security and that will put a strain on the rest of the budget.