The Nation - News from Jan. 30, 1986

Social Security’s old-age trust fund on Friday will repay $10.6 billion that it borrowed from Medicare in 1982 to stave off bankruptcy. James M. Brown, a Social Security spokesman, said the fund will also repay the last of its debts, $2.5 billion owed to the disability trust, by June. The combined old-age and disability funds had $42 billion in reserve at the end of 1985--$7 billion more than Social Security’s trustees forecast just nine months earlier.