I have been harping on the need to address SS and Mediare for the last eight years. GW started the ball rolling, whether or not anyone agreed with his ideas about fixing SS. Unfortunately, he was completely rebuked as everyone told us that SS was in good shape. Well, that time is gone. Now we have no option other than to address these two boondoggles. Who's going to step up to the plate? Moneynews - Social Security Surplus Already Gone Social Security Surplus Already Gone Tuesday, March 31, 2009 11:37 AM By: Marc Davis Article Font Size Another victim of the recession has cashed in its chips the Social Security surplus. Expected to survive until 2017, according to many educated estimates, the stock decline has instead wiped the surplus out completely. It happened in the blink of an accountant's eye, as we were all paying attention to other serious financial problems, says Kevin Hassett of the American Enterprise Institute, commenting on this unamusing disappearing act in a column for Bloomberg.com. "Social Security has for years been the near-term bright spot in the federal budget," writes Hassett. "Each year the program has raised $50 billion to $100 billion more in payroll taxes than it paid out in benefits." Opponents of Social Security reform often cited these surpluses as a good reason to postpone any attempt to fix the system.