Social Security’s $4.1 Trillion Hidden Government Deficit

Romina Boccia

What if the story we were told about Social Security’s financing was just a myth? As the program faces increasing financial strain, it is imperative that we are clear‐​eyed about how Social Security’s spending impacts American workers and the federal deficit. Every year Social Security runs a cash‐​flow deficit, it exacerbates our nation’s fiscal challenges, threatening Americans with higher future taxes or an unsustainable debt. Social Security’s cumulative $4.1 trillion...