Tag: Social Security finances

Social Security is not just a budget issue; it is the backbone of our retirement system. The Committee for a Responsible Federal Budget (CRFB), a bi-partisan group of budget experts committed to educating the public about fiscal issues, recently came out with “Nine Social Security Myths You Shouldn’t Believe.” I love the Socia…
IB_12-9 (508) The brief’s key findings are: Social Security’s 75-year deficit is significantly higher than last year’s projection: 2.67 percent of payroll versus 2.22 percent of payroll. This increase reflects the slow recovery from the recession and rising disability rolls, among other factors. The bottom line remains the same: Social Security faces a real, but…