Message Discipline Slips at Post
1. Social Security trust funds are awash with money these days and will be so until 2052. 2. Even the youngest baby boomers will get their full Social Security checks, and there's enough money in the pipeline to cover 80 percent of retirees' benefits after 2052.Farrell notes that merely raising the cap on salary subject to the Social Security tax from its current $87,000 could guarantee Social Security solvency well into the twenty-second century. With reporting like this found even in a pro-Bush newspaper, it would not be surprising if Social Security privatization fares no better than Bill Clinton's effort to reform the country's health care system in the '90s.
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