Social Security faces huge deficit

January 14, 2011

The Social Security deficit will be around $6 trillion over the next 75 years, according to FOX News.

Thousands of Baby Boomers will be collecting Social Security benefits over the next 19 years, which is partially to blame for the crunch.

The government is faced with having to either raise taxes or borrow money to pay off what is owed to the Social Security trust fund.

How do you think the government should handle the Social Security deficit? Do you know someone who will be collecting Social Security benefits this year?

If you need help getting Social Security benefits you deserve to put your life back on track, the Social Security lawyers at Fleschner, Stark, Tanoos & Newlin can help.

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