(WSJ) Report Says Social Security Will Exhaust Reserves Three Years Earlier Than Expected

Posted by Kendall Harmon

Social Security, which pays retirement and disability benefits to 56 million Americans, will exhaust its reserves by 2033, three years sooner than previously estimated, a new government report said Monday.

The forecast raises pressure on the White House and Congress to tackle the entitlement program, which many politicians fear changing because of potential voter backlash.

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2 Comments
Posted April 24, 2012 at 5:31 am [Printer Friendly] [Print w/ comments]



1. dwstroudmd+ wrote:

GUARANTEED NOT TO BE ADDRESSED in the current political race for the presidency because it is unpalatable.

April 24, 10:47 am | [comment link]
2. Capt. Father Warren wrote:

GUARANTEED NOT TO BE ADDRESSED

I don’t know: why would tax-cheat Timmy be all over the airwaves touting his sudden discovery that SS is in trouble?  Oh, and “this administration will not entertain any schemes that would undermine the historical contract that SS is with the people”?

Think there might be a set-up here to put together a “save SS” proposal for Republicans to shoot down?  Just another arrow in the quiver for November.

April 24, 5:57 pm | [comment link]
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