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Social Security Operating in the Red

Social Security's Grim Milestone: Half a Year in the Red

Data recently made public by the Social Security Administration confirm that in October, 2009, the program reached a grim milestone:  six consecutive months of operating cash deficits.  This is the first time Social Security has faced this situation over the entire time period, dating back through 1987, for which SSA posts the monthly data online.

http://www.economics21.org/commentary/social-securitys-grim-milestone-half-year-red


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