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A Different View on Social Security’s Solvency Issue
Despite the news articles and blog reports surfacing again in the wake of the 2018 Trustees Report and its dire predictions, not everyone is calling for a rush to judgement. Fox Business reporter Henry Fernandez recaps remarks by Rep. Tom Rice (R-S.C.) yesterday pointing out that “the program is not broke and can sustain benefit payments over the next ten years.” He goes on, however, to note that ““The projections are the trust fund will expire in 2034 under current assumptions” and comments further that Congress will make the program work for Social Security’s 62 million beneficiaries. Read the Fernandez post here…
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