Social Security Reform Mocked ; Democrats Deny Crisis Exists

Summary


Democrats have assailed Republicans' call for Social Security reform, saying the program faces no serious woes for 40 or so years, but some analysts and observers say the system will face a real problem in barely more than a decade.

Robert Bixby, executive director of the nonpartisan Concord Coalition, said, "2018 is when the system begins paying out more than it takes in.

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Social Security Reform Mocked ; Democrats Deny Crisis Exists

"From the budgetary and economic perspective, that's the significant year," he said. "It clearly is a problem."

Democrats have pointed to the Congressional Budget Office's projection...

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