New Legislation Proposes to “Bail In” Social Security

by Simon Black
Sovereign Man

It was only a few weeks ago that I told you about the government’s annual report on Social Security.

It was a veritable death sentence for the program.

The Board of Trustees for Social Security (which includes the US Treasury Secretary) wrote that major parts of the program have already run out of money, and the rest of Social Security will run out of money in the next decade.

Amazing. Even Social Security knows that they’re bankrupt and unable to keep their promises to taxpayers.

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