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Re:USA Facts – Federal, state, and local data from governmen... by tootie on Tuesday April 18, 2017 @03:05PM (#14141872)
SS will exhaust it's trust fund at some point, but it still has lots of revenue eery year. Last projection I saw was that if we do nothing to payroll tax or retirement age, we'd see a 20% reduction in payouts and it would remain solvent indefinitely. Seems like it only needs adjustments to keep working fine.
Re:USA Facts – Federal, state, and local data from governmen... by dragonwriter on Tuesday April 18, 2017 @03:13PM (#14141947)
> SS will exhaust it's trust fund at some point

Or not. Current projection by the Social Security Trustees are that the OASI trust fund will be exhausted between, IIRC, 2030 and never; the DI fund between 2020 and never (there's two separate trust funds involved.)