Yurt
Gold Member
Social Security payout to exceed pay-in this year
Threshold was not expected to cross until at least 2016
The bursting of the real estate bubble and the ensuing recession have hammered jobs, home prices and now Social Security.
This year, the system will pay out more in benefits than it receives in payroll taxes, an important threshold it was not expected to cross until at least 2016, according to the Congressional Budget Office.
NYT: Social Security payout to exceed revenue - The New York Times- msnbc.com
thank you mostly democrats and some repubs and great estimate CBO
way to keep the eye on the ball obama
Threshold was not expected to cross until at least 2016
The bursting of the real estate bubble and the ensuing recession have hammered jobs, home prices and now Social Security.
This year, the system will pay out more in benefits than it receives in payroll taxes, an important threshold it was not expected to cross until at least 2016, according to the Congressional Budget Office.
NYT: Social Security payout to exceed revenue - The New York Times- msnbc.com
thank you mostly democrats and some repubs and great estimate CBO
way to keep the eye on the ball obama