Social Security cashflow negative today, not years from now
Hey, I thought this wasn’t supposed to happen until… was it 2040? 2025? Years and years from now, for sure: Social Security tax receipts for the first half of 2010: $346.9 billion; Social Security benefits payments for the same period: $347.3 billion. Before this year, projections have always been that Social Security wouldn’t cross that [...]

