Federal Budget in Pictures

Social Security Deficits Are Permanent and Set to Quadruple in Less Than 20 Years

Close

Social Security began running deficits in 2010, paying out nearly $50 billion more in benefits than the program received in payroll taxes. Without reforms, Social Security's deficits will rise rapidly and will quadruple in less than 20 years.

To view the interactive version of this chart, please update your browser to its most current version or switch to an alternate browser.

INFLATION-ADJUSTED DOLLARS (2013)

Social Security Deficits Are Permanent and Set to Quadruple in Less Than 20 Years

Source: Social Security Administration.