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IPFS News Link • Social Security

Scathing new report shows just how bankrupt Social Security really is

• https://www.sovereignman.com, Simon Black

According to their calculations, for example, these analysts claim that Social Security is already running a huge deficit to the tune of tens of billions of dollars each year.

In fact, this Social Security funding deficit has been taking place for several years now, and it's actually accelerating. So the problem worsens each year.

According to the analysis, the astounding rise in Social Security recipients vastly outpaces any growth in tax revenue received into the program. And this trend will continue for decades.

The report goes on to describe Social Security's two main trust funds, OASI (for 'Old Age Survivors Insurance') and DI ('Disability Insurance').


www.universityofreason.com/a/29887/KWADzukm