Balance as of 2007 $2 trillion +
Yes they are going to give out more in balances than they take in. But they aren't going to run out of funds any time soon.
Can you say Ten Trillion Dollars...? So this is just more of the same.
US meets wall.
That’s ok, they’ll cover it with your tax sheltered private retirement accounts after they confiscate them.
All the members of Congress who spent our money from the Social Security trust fund and replaced it with IOUs should have to pay it back personally.
bob dope 1996
helped spend the social security surpluses
in an act of “bipartisanship” with democrat congresses.
Hey, no problem! All SS has to do is cash in that huge stack of Treasury Bonds it has amassed over the years that Congress exchanged for SS surpluses.
Balance as of 2007 $2 trillion +
Yes they are going to give out more in balances than they take in. But they aren't going to run out of funds any time soon.
Drug addicts can collect social security because they’re “disabled”... just one of a million deadbeat groups that dems support bankrupting the system.
I thought our government had raised taxes back in 1989 and that saved social security???
My God we are being lied to !!!
/sarcasm -off
PONZI SCHEME ALERT!
"Unexpectedly" Alert!
Pictured below is Pelosi with that oversized gavel:
House Speaker Nancy Pelosi and other grinning rat hyenas took a muted victory lap today after the historic House vote on health care reform. In the meantime we can boycott gay Frisco, since they keep Pelosi in congress:
We will never be able to defeat Pelosi, the Mafafi witch, due to the love affair between her and the gay agenda pushers/voters in Gay Frisco.
However, Gay Frisco can be brought to its financial knees.
Gay Frisco is having a severe economic meltdown due to the benefits for union thugs and illegals.
If every American Adult, who dislikes the Health Care farce pushed on us by Pelosi, boycotted San Francisco re visits, meetings and products, we can make that liberal gay hell hole a miserable place to live and try to work in.
Boycott Ghiradelli Chocolates!
Boycott Trans America Financial Products: 
Boycott Charles Schwab Financial Services/Products, 211 Main St, San Francisco, CA 94105
Boycott Gap Products/companies: Levi Strauss/Dockers Gap Inc./Outlet , Banana Republic, Gap, Old Navy
Boycott Williams-Sonoma | Headquarters 3250 Van Ness Ave., San Francisco, CA, 94109 Williams-Sonoma is the premier retailer of premium cookware and accessories in the United States.
“Stephen C. Goss said that payments rose “unexpectedly” during the economic downturn as jobs disappeared and people feeling no hope and seeing little change opted to apply for benefits sooner than planned. Revenues also shrank due to fewer paychecks to tax. “
Plus Social Security has been depleted by numerous add-ons such as SSI and Disability, which are liberally used by both legal immigrants and illegal aliens.
"Add together the unfunded liabilities from Medicare and Social Security, and it comes to $99.2 trillion [snip]I want to remind you that I am only talking about the unfunded portions of Social Security and Medicare. It is what the current payment scheme of Social Security payroll taxes, Medicare payroll taxes, membership fees for Medicare B, copays, deductibles and all other revenue currently channeled to our entitlement system will not cover under current rules. These existing revenue streams must remain in place in perpetuity to handle the “funded” entitlement liabilities. Reduce or eliminate this income and the unfunded liability grows. Increase benefits and the liability grows as well."