Social Security Basics heritage.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from heritage.org Daily Mail and Mail on Sunday newspapers.
Social Security’s growing cash-flow deficits and eventual trust-fund exhaustion are putting increasing strain on the federal budget and threatening benefits for especially vulnerable beneficiaries.
There is no cash in the Social Security trust fund, and there never has been any. The best way to fix Social Security, so that taxpayers will not have to pump hundreds of billions of additionaldollars into Social Security to pay promised benefits, is toprovide younger workers with the opportunity to invest part oftheir Social Security taxes in personal retirement accounts.