PolitiCrap – Social Security Solvent?

It’s time to take aim at claims being made regarding Social Security.

The first shot comes from Wendy over at Boots and Sabers regarding the claim that Social Security is solvent.

Analysis:

If the AARP study claims that the Social Security Trust Fund could pay UP TO 78% of benefits, it ain’t “sound.” “Sound” would be 100%, don’t you think?

Rating:

Steve over at No Runny Eggs adds this tidbit.

Things got even worse since the 2009 CBO report, with the Old-Age and Survivors Insurance portion (the main part of SocSecurity) running primary (cash) deficits now, or that the Disability Insurance “Trust Fund”, which is now in the final stage of collapse as both tax revenues and interest are not enough to cover the costs, will be fully-exhausted well before 2020.

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