In 2033, three years earlier than predicted in the 2011 report, the bonds themselves will be gone. The trust fund will be exhausted. At this point, Social Security will only be able to pay out in benefits what it receives in payroll tax. Benefits would
Registering for an online Social Security information account will give you an estimate of how much Social Security you're likely to qualify for.
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Republicans can get their way only if Democrats fail to realize they have the American people on their side. And once Republicans are clear about their proposals, Americans turn against them.
D. Altman is chairman of the nonprofit Pension Rights Center's board of directors and has spent most of her career studying, teaching and writing about Social Security and pension issues; James Roosevelt Jr. — the grandson of Franklin Delano Roosevelt