On the recordJanuary 27, 2015
Over the next 30 years, Social Security will pay out $14.6 trillion more in benefits than it takes in the payroll tax.
Source
congress.govOver the next 30 years, Social Security will pay out $14.6 trillion more in benefits than it takes in the payroll tax.
Johnson highlights the projected deficit in Social Security over the next 30 years.
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That’s a 200,000-vote differential. That’s what ought to concern Tom Tiffany, and of course he’s not gonna run against Francesca Hong; he’s probably going to have a more formidable opponent.
I personally am glad, I don’t care who the president is or what party, I will generally support that president reducing spending. And I’d applaud it.