Social Security may be in worse trouble than we think
Over at Hot Air, Ed Morrissey has gotten hold of an internal CBO report distributed to Congress that predicts Social Security will start running a cash deficit next year as opposed to 2019. And even that, apparently , is based on some pretty rosy revenue projections. Indeed, over the span of 2017, 2018, 2019, SS will run a $126 billion deficit, according to the CBO. Gee, and you wonder why the Chinese are getting skittish about the dollar?