Washington, DC - Social Security is now in its 77th year of providing economic security to millions of Americans. And as Congress reconvenes this week, the program is sure to be a hotly discussed issue over the course of this session. Recently, some politicians -- Governor Rick Perry and Senator Marco Rubio, for example -- have claimed that Social Security is bankrupt or that it won’t be there for future generations. A new issue brief from the Center for Economic and Policy Research (CEPR) clearly demonstrates that Social Security will be able to pay full benefits for all Senators through 2038 and a little over 80 percent of their benefits thereafter, even with no changes to the program at all.
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.