Social Security in Trouble
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Friday, April 3, 2009
The Congressional Budget Office's Social Security forecast should alarm Congress [news story, March 31].
Even if the recession doesn't worsen, the Social Security trust fund will start to run huge deficits in about eight years, according to the CBO. Our elected officials should be moved to action by this news, but Congress acts as if it is unaware of this demographic, and now economic, deadline. The problem of Social Security solvency seems to evade members' high-minded concerns about fiscal responsibility.
Perhaps the trouble is the time frame. Our leaders seem to think in two-, four- and six-year intervals. Eight years apparently makes Social Security another administration's problem.
THIERRY F. DONGALA
Vice President
Americans for Generational Equity
Washington
