Sunday, August 19, 2012

Social Security’s long-term funding gap exceeds $30 trillion, dwarfing short-term surplus

Social Security’s long-term funding gap exceeds $30 trillion, dwarfing short-term surplus - The Washington Post
Add up 75 years’ worth of shortfalls and you get an astonishing figure: $134 trillion.
Adjusted for inflation, that’s $30.5 trillion in 2012 dollars, or eight times the size of this year’s entire federal budget.

No comments: