SAVE UP Accounts Act could "bail in" Social Security by incorporating additional taxes

08/03/2016 - 17:08

Simon Black


It was only a few weeks ago that I told you about the government’s annual report on Social Security.

It was a veritable death sentence for the program.

The Board of Trustees for Social Security (which includes the US Treasury Secretary) wrote that major parts of the program have already run out of money, and the rest of Social Security will run out of money in the next decade.

READ MORE ON SOVEREIGN MAN

READ THE BILL ON CONGRESS.GOV

LEARN MORE FROM CONGRESSMAN JOSEPH CROWLEY