Social Security in Jeopardy | The Heritage Foundation

Contributing sentiments towards policy:

61% : Social Security is the largest federal program.
60% : Social Security, as currently structured, is unsustainable.
58% : Romina was a leading fiscal and economic expert at The Heritage Foundation and focused on government spending and the national debt.
58% : Recently, the AARP, the Heritage Foundation, and the National Committee to Preserve Social Security and Medicare participated in a public discussion of Social Security in Pueblo.
57% : The goals of that program were: 1) to explore perspectives on the future of Social Security; 2) to discuss potential policy implications, and 3) to encourage lawmakers to take a position with respect to the options available.
54% : This deficit is the difference between what the program collects in taxes from workers and current benefit recipients, and what it is paying out in benefits to retirees and their families.
54% : It is true that Social Security amassed about $2.8 trillion in special issue treasury securities from payroll tax surpluses collected for about two decades up until 2010.
54% : Lawmakers either cut what comes out of the program or they cut the take-home pay of workers to increase what flows in.
51% : The time has long passed for lawmakers to fundamentally change the program such that gains from privatizing a part of Social Security will make all workers better off.
49% : The ratio of workers (those paying into the system) to beneficiaries (those collecting from the system) has shrunk from 16:1 in 1950 to fewer than 3:1 today.
45% : However, if program reform is contingent upon making every single person affected by Social Security better off, we are all out of luck.

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