When the federal government collects taxes for Social Security and Medicare, 35% of voters mistakenly believe those taxes are set aside in a separate trust fund. However, a ScottRasmussen.com survey found that 35% recognize that the money is used to fund the general operations of the government. Thirty percent (30%) are not sure.
Social Security was sold to the American people with a promise that the money collected would be set aside in a Trust Fund. In reality, the funds collected have always been used to fund the general operations of government.
Democrats (39%) are a bit more likely than Independents (35%) or Republicans (33%) to believe there really is a trust fund. Younger voters are more likely than their elders to recognize that the money is used to fund general operations of the government (see crosstab results).
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The national survey of 1,001 Registered Voters was conducted April 10-11, 2019 by ScottRasmussen.com and HarrisX, a polling company specializing in online surveys (see Methodology). It has a 3.1 percentage point Margin of Error with a 95% level of confidence.
Neither Scott Rasmussen nor ScottRasmussen.com has any relationship with Rasmussen Reports® (see About Us).