Bush Commission: No Social Security Crisis (tags)
There is no crisis today, and everyone on the commission knows it. According to their own numbers, Social Security can pay all promised benefits for the next 37 years. And the shortfall over the whole 75-year planning period is small relative to our national income (less than three-quarters of one percent). While the commissioners may say something different, its actions confirm the facts: there's no need to deal with Social Security anytime soon.