There’s one question that should be put to every candidate in next year’s Congressional elections. Because what’s at stake is not just another seat in the House or Senate, but the future of one of America’s most trusted programs.
All tagged social security
Social Security Board of Trustees: combined trust funds projected depletion one year sooner than last year
The Social Security Board of Trustees today released its annual report on the long-term financial status of the Social Security Trust Funds. The combined asset reserves of the Old-Age and Survivors Insurance and Disability Insurance (OASI and DI) Trust Funds are projected to become depleted in 2034, one year earlier than projected last year, with 78 percent of benefits payable at that time.
Stop kicking social security can
Although the politicians in Washington almost never talk about the issue anymore, our entitlement programs are on a collision course with fiscal reality.