the president’s personal security adviser; and Wilbur Ross
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she was Deputy National Security Advisor for Strategy—the
and how he knew that there were security traps at
cumulative deficits from Social Security could add another $11.6 trillion to
Medicaid and Social Security) as well as defense and other
deficits from Social Security could add $11.6 trillion (or 140%) to the
retirement and disability insurance is Social Security. Other spending includes public sector employee and veteran
we exclude Social Security and Medicare Trust Funds’ balances and interest income
Social Security will begin running an annual deficit as payments
Social Security expenses exceeded revenue every year
per estimates from CBO. Source: Social Security Administration.
826 (in 2005 dollars) in Social Security payments
447 (in 2005 dollars) in Social Security
But Social Security ‘Retirement Age’ Has
Social Security and Unemployment Insurance