Social Security Deficits are Permanent and Growing

Started by Dad, June 26, 2013, 10:41:58 PM

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Dad

Social Security began running deficits in 2010, paying out $48.9 billion more in benefits than it received through payroll taxes. Nor will these deficits ever end, meaning that without reforms, Social Security will continue to add billions to the deficit and debt each year.

Chart: http://www.heritage.org/federalbudget/social-security-deficits

supsalemgr

Quote from: Dad on June 26, 2013, 10:41:58 PM
Social Security began running deficits in 2010, paying out $48.9 billion more in benefits than it received through payroll taxes. Nor will these deficits ever end, meaning that without reforms, Social Security will continue to add billions to the deficit and debt each year.

Chart: http://www.heritage.org/federalbudget/social-security-deficits

Not to worry. The dems tell us we really don't have problem with the deficit or SS. See how easy it is to solve our problems?
"If you can't run with the big dawgs, stay on the porch!"