Editing Social Security Trust Fund (section)

=== Under Barack Obama ===
[[File:Social Security revenue and cost.png|400px|right|Social Security revenue and cost]]
In 2011 and 2012, the federal government temporarily extended the reduction in the employees' share of payroll taxes from 6.2% to 4.2% of compensation.<ref>{{cite web |url=https://www.irs.gov/uac/Payroll-Tax-Cut-Temporarily-Extended-into-2012 |title=Payroll Tax Cut Temporarily Extended into 2012 |date=23 December 2011 |publisher=IRS |accessdate=29 August 2012}}</ref> The resulting shortfall was appropriated from the general Government funds. This increased public debt, but did not advance the year of depletion of the Trust Fund.<ref>{{cite web |url=http://www.gpo.gov/fdsys/pkg/BILLS-111hr4853enr/pdf/BILLS-111hr4853enr.pdf |title=Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010, sec. 601(e) |date=January 5, 2010 |accessdate=December 26, 2012}}</ref>