Social Security to Start Running Annual Deficits Over Next Two Years

August 5, 2010 15:54

“Five years ago, when President Bush made his pitch to reform Social Security, the program was projected to start running annual deficits in 2018. But in its yearly report released today, the Social Security Trustees have projected that due to the weak economy, the program will be paying out more benefits than it collects in taxes in both 2010 and 2011.” By at

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