For instance, diverting funding from the Social Security trust fund-such as a carve-out from current payroll taxes-would likely reduce government saving by the same amount that the accounts increase personal saving.
Only a portion of personal savings would be used to fund retirement spending.
mnli hypothesis: Only a portion of personal savings would be used to fund retirement spending. premise: For instance, diverting funding from the Social Security trust fund-such as a carve-out from current payroll taxes-would likely reduce government saving by the same amount that the accounts increase personal saving.