Sunday, April 17, 2016

From the Pew Research Center: 5 facts about Social Security

We will be looking at social welfare policy soon enough - this is a key partof it.

- Click here for the post.

Here are the 5 facts:
1- Social Security touches more people than just about any other federal program.
2 - Social Security is, and always has been, an inter-generational transfer of wealth
3 - Right now, Social Security has plenty of assets.
4 - But since 2010, Social Security’s cash expenses have exceeded its cash receipts.
5 - Social Security’s combined reserves likely will be fully depleted by 2034
For more:

- CBO: Social Security.
- CBO: The Long-Term Outlook for Social Security.

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