Social Security Trustee Report: Bad Economy Hurting Payroll Collection

By: Monday April 23, 2012 1:11 pm

The new Social Security Trustees report was released today. The report found that the Social Security trust fund is now projected to be exhausted in 2033, three years earlier than last year’s projections. Once the trust fund is exhausted the program is still projected to be able to pay 75% of benefits in perpetuity, based [...]

Social Security Can Be Affected by Making More Working Americans

By: Monday April 23, 2012 9:20 am

There are roughly 150 million adults around the world that want to become Americans according to Gallup. I think this is worth pointing out, because the annual Social Security Trust Fund report should be released today. As a result there will likely be much hyperventilating about how the Social Security trust fund is projected to [...]

Reminder Most Senators Will Be Long Dead before Social Security Trust Fund is Exhausted

By: Friday August 5, 2011 9:30 am

The Congressional Budget Office is out with a new report about the projected long term solvency of Social Security. The report reaffirms the basic fact that it will be roughly 27 years until the Social Security Trust Fund is exhausted. CBO projects that the trust funds will be exhausted in 2038. In the following year, [...]