HealthCare Notes

3/12/16

GOP Debate: Setting The Record Straight On Social Security

GOP Debate: Setting The Record Straight On Social Security

"1) Social Security is not going to "run out of money" and is not "going broke." The Social Security Trust Fund will rise to approx. $2.9 trillion at the end of 2019. Then it begins to draw on this fund and there is a potential funding shortfall in about 20 years. If nothing is changed the program would be forced to pay a bit less out to recipients. There are many proposals for fixing this, most do not involve future cuts in benefits."