The Bleak Future Of Social Security


by Cato Institute on Aug 29, 2014 | Views: 42 | Score: 0
Sources: object.cato.org
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Cato Institute
Cato Institute on Jul 25, 2014 3:33 PM said:

Social Security is in dire need of reform. Running a severe cash flow deficit, its economic outlook is bleak to say the least. Based on current projections, by the year 2021, social security will be running a deficit of two hundred billion dollars, a number nearly three times the current 2014 deficit.