Social Security is failing, and it is in serious need of reform. Since around 2010, the cost of the program has exceeded its annual income. In its current form, the program operates an a significant and unsustainable loss, and based on current projections, the cash-flow deficit is only going to get worse in the future.
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Social Security is failing, and it is in serious need of reform. Since around 2010, the cost of the program has exceeded its annual income. In its current form, the program operates an a significant and unsustainable loss, and based on current projections, the cash-flow deficit is only going to get worse in the future.