Social Security’s Creeping Fiscal Crisis | International Liberty
"...a program that will soon have an annual budget of $1 trillion.
Especially since the tax-and-spend crowd in Washington is actually arguing that the program should be expanded.
...Table VI.G9, which shows the annual inflation-adjusted budgetary impact of the program.
It’s also worth noting that the program already is in the red. Social Security outlays began to exceed revenues back in 2010.
And the numbers will get more out of balance over time..."