Social Security Deficits are Permanent and Growing
Social Security began running deficits in 2010, paying out $48.9 billion more in benefits than it received through payroll taxes. Nor will these deficits ever end, meaning that without reforms, Social Security will continue to add billions to the deficit and debt each year.
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BILLIONS OF DOLLARS (2011)
Source: Social Security Administration (OASI and DI Trust Fund Data and 2011 Trustees Report).