Writer believes Social Security benefits won’t go bankrupt

by Staff | February 1st, 2011

February 1, 2011

In a letter to the editor about Social Security benefits in The Las Vegas Sun, one man says Social Security is not bankrupt and there is a lot of misleading information being put out in public.

He says that there are about 2.5 trillion in the Social Security Trust Fund and assets earning annual interest and represent the excess of payroll taxes collected over benefits paid out.

Read more.

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