Wednesday, March 26, 2008


According to the latest Trustees Report, Social Security will start paying out more money than it collects in 2017. That means that Congress will have ever smaller amounts of money to take from Social Security to pay for other programs. Once the program starts drawing from the Treasury instead of paying into it, Congress will be forced to keep increasing taxes to support current spending.

Or we can do something now to preserve Social Security for the next generation.

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