Loony Liberal Lefty Sen. Elizabeth Warren (D-MA) Tweets Social Security Outlook is a Made-Up Crisis of the GOP
(CBO) “In calendar year 2010, for the first time since the enactment of the Social Security Amendments of 1983 annual outlays for the program exceeded annual tax revenues…CBO projects under current law the DI (Disability Insurance) trust fund will be exhausted in fiscal year 2017 and the OASI (Old Age and Survivors Insurance) will be exhausted in 2032.”
Taxpayers can also thank ObamaCare for liberating Americans out of the historic 40 hour work week which only exacerbates the problem–fewer hours working results in even less tax revenues in federal coffers, accelerating the crisis of funding pension obligations that Democrat Progressive/Socialists like Warren doesn’t believe exists.
Related: The ACA & the Economics of Part-Time Work –Mercatus Center
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