Quote:
Originally Posted by SuckOnThis
Where did you hear the entire system will go bankrupt next year?
Here are the facts....
Social Security has $2.73 Trillion in trust fund reserves.
Social Security reserves are still growing and will continue to grow through 2020.
Beginning in 2021, program costs are projected to exceed income, shrinking the trust funds.
The trust funds will be exhausted in 2033, the same year projected in the 2012 report.
After 2033, income will cover 77% of scheduled payments.
Exposing the Social Security solvency hype - MarketWatch |
Actually I got it from the article you posted "A Democratic aide on the House Ways and Means Committee acknowledged that not much can be done about the rule change until 2016, when the disability fund is close to depletion"
The disability fund will run out next year unless something is done. What Democrats need to do is stop bitching and present a plan that works before then. Show where unnecessary benefit payments are being curtailed and explain where new funds will come from.
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