Social Security's surplus $2.8 trillion and growing

Repeat a LIE often enough and folks believe it!
The Social Security Surplus funded wars fought on the credit card.
Please, learn the facts and don't follow like a sheep!

From: Strengthen Social Security

Tomorrow, Social Security’s board of trustees will release their annual report on the financial outlook of Social Security’s trust fund, and it will find that the surplus is continuing to grow and will be around $2.8 trillion in 2013. But, we already know that the Wall Street bankers and their allies in Washington will distort whatever the report says into calls to dismantle our Social Security system brick by brick.


Just as our movement to expand benefits is growing, the austerity-mongers will use this report to obscure the fact that Social Security will take in more money than it pays out, roughly $40 billion more in 2013—and cannot by law contribute to the deficit.

It’s the rest of the retirement system that’s in crisis. Traditional pension protections are greatly diminished, housing is down, health care costs are up and 401k plans are unreliable. With over half of working-age American households unable to maintain their standard of living in old age, we need to focus on expanding Social Security—not cutting it.


With our voices together, we have changed the conversation for the better in the past. If we all stick together, I know we can keep do it again this time.

Thank you.

Michael Phelan
Social Security Works