In article ,
says...


The titanic had not been sinking very long either but they had no way
to stop the water. There are no "minor" changes that will fix a 2.6
trillion dollar problem and that is how much money we have to come up
with to pay back those SS bonds you think will make us whole until
2037 ... oops they just said it is 2024. (the latest trust fund
report, in case your google search is old)


No, 2036. Medicare is 2024.
BTW, I just saw that the Obama payroll tax reduction is actually
just a tax reduction on those with FICA wages under the cap, which
is about $107k.
No effect on the SS trust fund.
Why? Treasuries were issued to the SS trust fund to replace the SS
income lost to the SS trust fund due to the cut.
It's called a "tax holiday."
http://tinyurl.com/685fe6g

Slick. Somebody really believes in the trust fund.
So that Treasury issue raised the added debt from SS from $46b to $150b.
Actually though, the $46b SS shortfall should come off the SS trust fund
books as paid out, so the real addition to debt is the $105b due to the
payroll tax cut.