The GOP is pushing the idea of privatizing social security. Don't be fooled by their projections that it is going bankrupt.The american public is tired of being told lies.
There is a reason that social security should be in the news right now. The non-partisan Congressional Budget Office just came out with its updated analysis of the program's finances (pdf). The analysis projects that social security will be able to pay all scheduled benefits through the year 2049, with no changes whatsoever. Even after 2049, when the program is first projected to face a shortfall, the payable benefit is projected to be more than 30% higher than what the average retiree gets today, and the payable amount would continue to rise from that level every year.
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